Mass Sack of Over 400 Nigerians by Julius Berger?

According to a Nigerian with the scree name Rhesus, "I just got information from a reliable source in Julius Berger that they have shut down their site at the Lagos-Ibadan express road since last Friday, and thus rendered more than 400 Nigerians jobless.
"I heard this is as a result of delays on the payment of the agreed contract fees for work already done, and its obviously evident that at the moment the FG doesn't have the required funding for the continuation of the project."