Minister of Water Resources Suleiman Adamu
He stated that after technical audit of projects under his ministry, it became necessary to undertake cost reviews of some major projects to enable contractors continue with their implementation to completion.
Adamu said, “To ensure value for money, contract revision requests were subjected to several layers of scrutiny, review and negotiation under the full watch of the Office of the Minister and relevant departments.
“The stringent processes enabled us to achieve substantial reduction on the request for contract review on 26 major projects thereby saving about N53bn on the costs of the contracts, even before review by the Bureau for Public Procurement.”
Adamu said projects that were ascertained as non-viable were dropped completely, while the viable ones were completed.
He said, “Thus far, we have completed 30 of the high and medium priority projects and inaugurated about 10 of them.