The minister of Power, Works and Housing, Babatunde Fashola, has said that President Muhammadu Buhari’s administration inherited over 200 roads contracts either uncompleted or abandoned amounting to N2trillion. The minister stated this in his keynote speech to delegates at 24th National Council Meeting on Works held in Birnin Kebbi on Wednesday.
According to him a little over N500billion payments was made by previous administration. Fashola said some of the roads contracts were awarded for over 10 years but inadequate budgetary allocation and funding by previous administrations delayed their completion.
“Many sites abandoned, workers laid off and equipment grounded, this is where Buhari picked up “, he said.
He explained that the Buhari government came into governance when the proceeds from oil was significantly low but managed to raise the budget size from N4 trillion to N6 trillion and mobilised contractors back to sites.
He also said that in 2016, government increased capital spending to 30 per cent even when it was getting less income, which was partly funded by borrowing to finance the deficit.
The minister assured federal government’s commitment to complete abandoned or uncompleted road projects, and emphasized that there is no state in Nigeria that the Buhari administration is not executing one project or another.
He however lamented that insecurity in some parts of the country is responsible for contractors abandoning projects sites and called on traditional, religious and political leaders to support government’s efforts in restoring peace.
Gov Matawalle And The Cheering News From Zamfara
In June 2009, the late wise, humane, urbane and peace-loving President Umaru Musa Yar’Adua granted unconditional amnesty to militants in...
Remain Where You Are, PMB Tells Herdsmen
President Muhammadu Buhari has taken a swipe at Tuesday’s call by the Northern Elders Forum (NEF) and some northern youths...
Presidential Tribunal Summons INEC Chairman, Zamfara REC
Unless he complies with the order of the Presidential Election Petitions Tribunal, asking him to appear before it, the chairman...
‘Nigeria Loses N580bn Annually To Needless Tax Incentives’
Every year, Nigeria loses N580billion through unnecessary tax incentives, Oxford Committee for Famine Relief (OXFAM), an international non-government organisation, formed...
Super Eagles Pip Tunisia To Claim 8th AFCON Bronze
Super Eagles yesterday beat Tunisia 1-0 in the third place match of the Africa Cup of Nations (AFCON) to claim...
Abia Denies Allocating Land For Ruga
Abia state goverment has denied a media report that it has allocated land at Osisioma Ngwa, near Aba to the...
TUC Wants 35% Women Representation In PMB’s Cabinet
The Trade Union Congress of Nigeria (TUC) Women Commission has urged President Muhammadu Buhari to consider the implementation of the...
NEWS16 hours ago
BREAKING: Reps Direct IGP, DSS To Shutdown Edo Assembly
NEWS11 hours ago
PMB Approves New Official Portrait
EDUCATION17 hours ago
TRCN Says 22,454 Teachers Qualify For Licences
NEWS11 hours ago
Gov Makinde Flays SERAP, APC Over Comments On Assets Declaration
SPORTS23 hours ago
AFCON 2019: Super Eagles, Carthage Eagles Battle For Bronze
ENTERTAINMENT23 hours ago
Pharrell Hints Working On Rihanna’s Upcoming Album
NEWS18 hours ago
Gov. Okowa Appoints Abang SA On New Media
NEWS11 hours ago
2 In Police Net For Kidnapping 19-year-old Boy In Lagos