Amid Unsettled Minimum Wage, Tinubu’s Govt Spends Over N5bn For Renovation Of President’s Residential Quarters, Building Of State House Complex

The Bola Tinubu-led government in one day paid a total sum of N5,377,305,494.92 to two contractors for renovation of the President’s residential quarters and construction of an office complex within the State House in Abuja, report revealed.

According to data obtained from GovSpend.ng, an analytics platform run by BudgIT Foundation to give Nigerians access to information on daily spending at all levels of government in the country, revealed that the Nigerian government paid the money to Trucrete Solutions Limited and Green Belt Ltd respectively.

The payment details revealed that on May 31, 2024, the State House Headquarters paid the sum of N1,877,305,494.92 to Trucrete Solutions Limited for renovation of the President’s residential quarters.

Photo Credit: Bola Tinubu

Also on May 31, 2024, a payment of N3,500,000,000 was made to Green Belt Ltd for the construction of an office complex within the State House in Abuja.

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However, whereas a search for the contractors on Corporate Affairs Commission (CAC) website showed the status of Trucrete Solutions Limited as active, an indication that the company has filed its annual returns up to date, according to the Commission, Green Belt Ltd could not be found on the CAC website.

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