FHA says due diligence responsible for delay in contractors’ payment
The management of the Federal Housing Authority (FHA), Tuesday, clarified that its insistence on due diligence was responsible for the delay in payment to its contractors.
Recall that contractors, who handled the construction of the Abuja Mass Housing Project for the agency had in the early hours of Tuesday, staged a protest against the agency over non-payment of debt it owed them.
Operating under the aegis of the Federal Housing Authority Contractors Association, the contractor staged the protest against FHA citing delay in payment of funds after the projects have been completed.
But the FHA in a statement issued by its Head of Public Affairs, Mr Kenneth Chigelu in Abuja, assured that all contractors who had completed their jobs would receive their payments latest by Friday, 19th March 2021.
He said: “The management of FHA just rose from a meeting with our contractors with a resolution that all contractors who have completed their jobs would receive their payments latest by Friday, 19th March 2021.
“The management of FHA did not deliberately withhold the payment of our contractors, with whom the authority has a long-standing good business relationship. The little delay in payment was a result of the management’s stance on due diligence before payments are made. It is good to note that this issue has been amicably resolved.”