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SCRAP PAYMENTS OF NON-REFUNDABLE DEPOSITS NOW – SCRIBE



Construction work in progress in an unnamed location
The local Secretary of Contractors Guild Association, Mallam Rilwanu Yakubu has called on the Federal Government to scrap the payment of Non-refundable deposits commonly charged by Ministries, Departments and Agencies (MDAs).  The call, according to the Secretary became necessary because the scheme has outlived its usefulness. "It is now being used as a weapon of exploitation”, Yakubu claimed.  “It’s no longer secret that those who pay non-refundable deposits ever hardly win jobs”, Mallam Yakubu insisted.  “The people who charge these fees are the same people who “win” the jobs”, he disclosed.  “Through this process, millions are eventually raked into private pockets and thereby dashing the hopes of the contractors”, he added.

In reality, that scheme is old fashioned and should be phased out without further delays.

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