Breaking News
We’ll Complete Critical Project- FG
– FG said that there were 78 roads and bridges that government wants to focus on
– So one of the things we have recommended is to first slow down, if possible stop new projects and commit our limited resources to completing projects
– No nation ever has enough money anyway, so those are the priorities but we also have outstanding payments and we have made this known to the President
The Federal Government has said that there are 78 critical roads and bridges that the Government wants to concentrate resources on and finish before embarking on new projects.
The Minister of Works and Housing, Raji Babatunde Fashola, who made this known on a live TV, said that the Federal Government has to prioritise and commit its resources to completing critical roads nearing completion across the country instead of embarking on new ones as a result of “constrained fiscal environment”.
The project, according to him, include the Loko-Ogbeto Bridge, Lagos- Ibadan Expressway, Kaduna-Abuja-Zaria highway, the Suleja-Minna highway and the roads that lead to the sea Ports, which he said drive the economy.
He said: “Now in terms of the budget size, how much is proposed N261 billion? It will not be enough to discharge all our obligations.
READ ALSO: lasema-warns-of-possible-fire-outbreak/
“Like in any home you want to buy books, you want to buy clothing for your children, you want to pay rent, you can never have enough money so you have to prioritize.
“So one of the things we have recommended is to first slow down, if possible stop new projects and commit our limited resources to completing projects that are nearing completion.
“No nation ever has enough money anyway, so those are the priorities but we also have outstanding payments and we have made this known to the President and his commitment to do his best within the constrained fiscal space to support the infrastructure objective, not only of my Ministry but transportation to aviation are so critical because these are the things that will grow the economy, let us focus on the high priorities of the economic objectives of this country.”
Advertise or Publish a Story on EkoHot Blog:
Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.
Citizen journalists will receive a token as data incentive.
Call or Whatsapp: 0803 561 7233, 0703 414 5611
