Five years after conceptualisation of the $470million Greeter Abuja Water Project, the federal government is yet to release the 20% counterpart fund for execution and delivery of the project as planned.
Speaking to senators and journalists at Jahi site on the state of the project being handled by China Geo – engineering Company ( CGC ), Project Manager Zhong Xiang said while China Exim Bank had released $150m , the Federal Government of Nigeria was yet to release any portion of the 20% counterpart fund.
Xiang made the disclosure Monday during an oversight tour of the Senate Committee on FCT on various projects being executed across the various districts of the FCT.
He said what was earlier considered to be a legacy project, was seriously being threatened now as far as execution and delivery are concerned.
”This project is conceptualised to boost water supply across the various districts in the Federal Capital Territory. But what is delaying its full blown execution…
