The Federal Housing Authority (FHA) has reiterated its commitment to pay off every outstanding debt owed to contractors who have completed their projects and have met with all agreed Key Performance Indices today, Friday, 19 March 2021.
Sen. Gbenga Ashafa, Managing Director, FHA, in a published statement announced: “Having just concluded a fruitful meeting with representatives of contractors being owed by the Federal Housing Authority, the management of the FHA, in the spirit of transparency, wishes to assure the Nigerian people of its commitment to fairness and due diligence.”
Led by Senator Gbenga Ashafa , the new management has made it a priority to adhere strictly to the ethics of public accountability in the payment of every contractor that has delivered on the agreed milestones, as it relates to the housing projects currently under construction.
The delay in payments which resulted in the recent demonstration by contractors working on some of the Authority’s projects was largely due to the extent of painstaking verification that had to be carried out via rigorous auditing, on-site verification and physical inspection, quality control and compliance with global standards, all in a bid to ensure that the Nigerian people prospective home owners get value for their money.
“We have, therefore, assured every contractor, many of whom the FHA has enjoyed a long and healthy relationship with, of the management’s commitment to pay off every outstanding debt owed to those who have completed their projects and have met with all agreed Key Performance Indices by Friday, 19 March 2021.”