Thursday’s cancellation of all pending contract tenders by the Rivers State Sole Administrator, Vice Admiral (RTD.) Ibok-Ete Ekwe Ibas, has sent concerns through the state.
The cancellation, which was taken in response to the Supreme Court upholding the Appeal Court ruling suspending Governor Siminilayi Fubara’s government, has sparked concerns from various stakeholders who fear it will hinder project implementation and cost the state dearly.
The government’s official announcement, issued by Secretary to the State Government, Prof. Ibibia Worika, cited the lack of an Appropriation Law following the court’s ruling as the justification for the cancellation. It mandated all Ministries, Departments, and Agencies (MDAs) to immediately refund tender fees to the affected contractors, pending the approval of a new spending plan.
However, this move has drawn criticism from various sectors. Several contractors who had invested significant resources in the bidding process expressed their frustration, citing the potential for financial losses and delays. Some even hinted at legal action to recover their investment and seek compensation for damages.
“We are disappointed and bewildered,” said Mr. Chidi Nwafor, a contractor who had participated in the bidding process for the construction of a new school. “We had already committed a significant portion of our resources to this project. This cancellation is a major setback and will have serious repercussions for us.”
Beyond the financial implications, the cancellation has also raised concerns about the impact on the state’s overall development. Many stakeholders fear that the delay in project implementation will further stall critical infrastructure development and impede social progress.
“This is a significant blow to the state’s development plans,” lamented Ms. Ngozi Okoro, a prominent community leader. “We were expecting these projects to bring much-needed jobs and economic growth to our communities. Now, we are left in limbo, unsure of the future.”
While the government emphasizes the need to comply with the court’s ruling and ensure responsible financial management, the cancellation has undoubtedly cast a cloud of uncertainty over the future of these projects and the overall development of Rivers State.
The coming weeks will be crucial in observing how the government navigates this complex situation and addresses the concerns of stakeholders.
Trending
- Court Halts Pro-Wike Rally in Bayelsa, Citing Political Tensions
- OLEGH Centre For Community Development Raises Alarm Over Presence of Heavy Metals in Sachet Water On Sale
- Rivers Sole Administrator’s Tender Cancellation Causes Concern
- Blue Economy, Journalists’ Welfare Take Centre Stage At Rivers Correspondents’ 2025 Week
- Rivers Sole Administrator Prepares 2025 Budget, Seeks National Assembly Support
- Ojulari Replaces Mele Kyari as NNPCL Group CEO
- OLEGH MarKs World Water Day, Raise Alarm Over Quality of Sachet Water in Rivers State
- Rivers Crisis: Port Harcourt Loses Hosting Rights To NBA General Conference…NBA holds fresh consultations for new host