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‘Funding delays East-West Road’

By Luka Binniyat
MR. Michael Hachenberg, Managing Director of Setraco Nigeria Limited, one of the contractors handling the N200 billion strategic Niger Delta, East-West Road, Wednesday, told the South-South Parliamentary Caucus of the House of Representatives that based on the funding template of government, the project may take 10 years to complete.

The caucus, under the chairmanship of Mr. Andrew Unchendu, had invited Setraco, the contactor handling the 101kilometre  Section (II) of the project to explain to his members reasons behind delays in the projects and possible solutions to fast-track the project.

Hachenberg, told the caucus that delay in the project was as a result of delayed payments to contactors.


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