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

FG increases allowances, launches N10bn housing loan scheme for civil servants

April 24, 2026

CBN Raises ATM Card Fee To N1,500, Ends Monthly Maintenance Charges

April 24, 2026

President Tinubu swears in Darma as Housing Minister

April 24, 2026
Facebook X (Twitter) Instagram
Trending
  • FG increases allowances, launches N10bn housing loan scheme for civil servants
  • CBN Raises ATM Card Fee To N1,500, Ends Monthly Maintenance Charges
  • President Tinubu swears in Darma as Housing Minister
  • Alleged Money Laundering: Court Adjourns Yahaya Bello’s Trial To May 6
  • Dangote seeks President’s Ruto, Museveni backing for mega refinery project in East Africa
  • Alleged Coup: Military inaugurates Court-Martial for trial of 16 officers accused
  • Bala Mohammed hosts Obi in Bauchi, calls himself ‘freelance’ politician
  • UAE plans world’s first AI-powered government, targets 50% sector adoption
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 Comments10 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to an online report, which quoted an insider at Julius Berger Nigeria as saying that the company has “reportedly withdrawn from several major project sites across Rivers State.”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

Domestic Airline Operators Threaten Shutdown Over Surge In Jet Fuel Price



April 16, 2026

United Nigeria Airlines records fifth bird strike in four months, grounds aircraft

April 15, 2026

NDPC Investigates Remita,Sterling Bank For Alleged Data Breach

April 5, 2026

Leave A Reply Cancel Reply

Top Posts

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202495

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 202564

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, 202444
Don't Miss
Government
Government By VardiafricaApril 24, 20263 Mins Read1

FG increases allowances, launches N10bn housing loan scheme for civil servants

By VardiafricaApril 24, 20261 Government Updated:April 24, 202603 Mins Read

The Federal Government has announced a sweeping package of welfare reforms for civil servants, including…

CBN Raises ATM Card Fee To N1,500, Ends Monthly Maintenance Charges

April 24, 2026

President Tinubu swears in Darma as Housing Minister

April 24, 2026

Alleged Money Laundering: Court Adjourns Yahaya Bello’s Trial To May 6

April 24, 2026
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

FG increases allowances, launches N10bn housing loan scheme for civil servants

April 24, 2026

CBN Raises ATM Card Fee To N1,500, Ends Monthly Maintenance Charges

April 24, 2026

President Tinubu swears in Darma as Housing Minister

April 24, 2026
Most Popular

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202495

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 202564

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

January 20, 202549

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