Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Dangote refinery reduces ex-depot petrol price from N828/litre to N699/litre

December 12, 2025

Alleged Corruption: Court Remands Ngige In Kuje Correctional Centre

December 12, 2025

APC Formally Registers Gov Fubara As Party Member

December 12, 2025
Facebook X (Twitter) Instagram
Trending
  • Dangote refinery reduces ex-depot petrol price from N828/litre to N699/litre
  • Alleged Corruption: Court Remands Ngige In Kuje Correctional Centre
  • APC Formally Registers Gov Fubara As Party Member
  • NCDMB, Media Team Visit Marconi.NG, As Firm Assures on Cost, Schedule Competitiveness
  • Retool Universities to Solve Problems, Ogbuku Advocates
  • Explosion Rocks Escravos–Lagos Gas Pipeline In Delta, NNPC Launches Investigation
  • NDDC to Create 38,250 Agric Entrepreneurs with Life-ND Programme
  • NLC declares nationwide protest December 17 over insecurity, school abductions
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Business»Julius Berger Suspends Operations at Multiple Sites in Rivers State Over Unpaid Project Funds
Business

Julius Berger Suspends Operations at Multiple Sites in Rivers State Over Unpaid Project Funds

VardiafricaBy VardiafricaMay 27, 2025Updated:May 27, 2025No Comments7 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Leading construction company, Julius Berger Nigeria PLC, has begun withdrawing its services from some project sites in Rivers State, following shortfalls in the periodical project cost payments by the state government.
 
This was according to an online report, which quoted an insider at Julius Berger Nigeria as saying that the company has “reportedly withdrawn from several major project sites across Rivers State.”   
 
He linked the development to the failure of the state’s Sole Administrator to continue funding ongoing projects despite receiving regular federal allocations and substantial Internally Generated Revenue (IGR).
  
The report further disclosed that many of the company’s workers have been placed on standby, with operations stalled across multiple locations pending further directives.
 
Another source disclosed that for some time, the monthly payments for the contracts were due, but efforts to collect payments have continued to fail, as the key aides to the Sole Administrator would not make any useful commitment

They confirmed the reduction of site workers by the construction company for the same reason. 
   
“Let me tell you my findings; there is a particular project site on the ongoing Port Harcourt Ring Road project where they had 800 workers on site, only a few; less than 300 people were seen working last week, Thursday.
   
“Some of the company’s project sites visited over the weekend further confirmed the foregoing development.
   
“At the Ring Road project site, only a handful of workers were seen compared to the hitherto nonstop activities, while at the Emohua axis of the state, where the Buguma-Degema Road project had peaked, no work is going on there.
   
“A worker, who was a victim of the staff downsizing by the company, disclosed that in Emohua, with all the landmark projects going on, we have already completed about 30 per cent while we have completed over 60 per cent of the work on the long Ring Road project. But now, we are told to return home and stand by until they get payment from the government.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

CBN grants licences to 82 BDCs

December 8, 2025

Morocco: Royal Air Maroc To Launch Africa’s First Direct Flight To Los Angeles

December 6, 2025

CAC To Clamp Down On Illegal PoS Operators From January 2026

December 6, 2025

Leave A Reply Cancel Reply

Top Posts

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202493

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202442

FG Reportedly Lists 15 Persons, BDCs As Terrorism Financiers

March 20, 202430
Don't Miss
Oil & Gas
Oil & Gas By VardiafricaDecember 12, 20252 Mins Read5

Dangote refinery reduces ex-depot petrol price from N828/litre to N699/litre

By VardiafricaDecember 12, 20255 Oil & Gas Updated:December 12, 202502 Mins Read

The Dangote Petroleum Refinery has slashed the ex-gantry price of its premium motor spirit, also…

Alleged Corruption: Court Remands Ngige In Kuje Correctional Centre

December 12, 2025

APC Formally Registers Gov Fubara As Party Member

December 12, 2025

NCDMB, Media Team Visit Marconi.NG, As Firm Assures on Cost, Schedule Competitiveness

December 12, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: info@vardiafrica.com
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

Dangote refinery reduces ex-depot petrol price from N828/litre to N699/litre

December 12, 2025

Alleged Corruption: Court Remands Ngige In Kuje Correctional Centre

December 12, 2025

APC Formally Registers Gov Fubara As Party Member

December 12, 2025
Most Popular

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202493

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202442

Type above and press Enter to search. Press Esc to cancel.