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
- Obele Backs Foreign Takeover of Port Harcourt Refinery, Urges Swift Action
- Eleme Council To Begin Street Naming as King Appolus Chu Expands Road Network
- Yibo Koko Secures Lagos Stage for Port Harcourt Highlife Musical
- Calm Restored at Oil Mill Market, Port Harcourt After Fatal Clash
- Tragedy Hits New Federal University of Environment, OgoniFresh student dies during birthday celebration
- Oreh Thanks Fubara, Health Workers As Rivers Cabinet Is Dissolved
- Fubara Dissolves Rivers Cabinet, May Forward New Commissioner Nominees to Assembly
- Understanding The Electronic Realtime Results Collation
