Mr Umahi said the new policy was designed to ensure that contractors demonstrated their commitment to the projects before receiving any financial support.
Julius Berger led the losers’ table.
Mr Wike gave the commendation after inspecting some ongoing projects across the capital territory on Saturday.
“No contractor will dictate to this ministry.’’
Mr Wike announced the suspension after he inspected the centre in Abuja on Monday.
Consequently, the market capitalisation shed N25 billion or 0.04 per cent to close at N59.095 trillion, as against N59,120 trillion recorded previously.
Vice-President Kashim Shettima has assured that the naira will continue stabilising in the coming weeks and months.
However, analysis of the market activities showed trade turnover settled lower relative to the previous session.
Mr Wike reiterated that no ongoing project in the FCT would be abandoned.
“Government needs to tax people and then use that money for the development.’’
