FG Unveils Funding Model For Tinubu’s 4 Legacy Projects

The federal government has revealed funding model for the four legacy projects of President Bola Ahmed Tinubu.

The Minister of Works Engr. David Umahi disclosed that the four legacy infrastructure projects of President Tinubu are “being financed through a combination of Federal Government funding and foreign financing, with 30 percent funded in naira by the Federal Government and 70 percent through foreign financing,”.
The Minister in a statement by his Senior Special Assistant on Media Francis Nwaze after inspecting the Calabar -Abuja superhighway also rejected the suggestion that the administration had abandoned existing roads in favour of new projects, explaining that several of the legacy projects involve the expansion and reconstruction of existing road corridors.

He said “I’m very proud of what the President is doing,” he said. “I’m very proud that we continue to educate our people to support President Bola Ahmed Tinubu in Southeast and all over the country, so that he can anchor most of these projects he has started.”

Umahi responding to questions about his criticism of former Anambra State Governor Peter Obi said his concerns were based on policy, political messaging and what he described as the use of ethnic and tribal sentiments in political discourse.

The minister recalled his working relationship with Obi during their years as governors and said they had attended meetings of the Southeast Governors’ Forum, when Obi was chairman of the forum.

Umahi argued that political promises should be assessed against previous records and measurable achievements rather than solely on campaign declarations.

“If the past outing you cannot have something to verify, then you cannot be assured of the promises of the second time,” he said.

On the 2027 presidential election, Umahi said his support for President Tinubu was based on his belief in the President’s vision and reforms.

“What gave rise is because I believe in President Bola Tinubu. I believe that he’s the one called of God. I believe in his vision. I believe in his reforms. I believe he’s the best person that I have worked with and for, and I’m very proud of working for him and working with him,” he said.

He argued that continuity was important for major infrastructure projects because changes in administration could affect their implementation, particularly projects that require several years to complete.

“If, God forbid, another person says he’s President, all these projects will be stalled. And I don’t think Ebonyi wants their projects to be stalled,” Umahi said.

The minister also addressed questions concerning his son, who was nominated by Ebonyi State Governor Francis Nwifuru as Chairman of Ohaozara local government area.

Umahi clarified that the nomination was made by the governor, not by him, and said he had instructed his son to uphold transparency, honesty and prudent management of public funds.

He said his son had promised not to collect salary or allowances and urged him to ensure equitable development across all 11 council wards rather than favouring his home community.

“I’ve advised him, don’t do anything for the people of Uburu because you are from Uburu. It has to be equitably distributed among the eleven council wards in Ohaozara Local Government,” Umahi said.

He added that the governor’s decision to nominate his son was personally significant to him because, in his view, it demonstrated the governor’s appreciation of their relationship and the contributions of the past administration.

On the political situation in Ebonyi, Umahi said anybody seeking to campaign in the state was free to do so, but warned against attempts to foment crisis.

“Nobody can foment crisis in Ebonyi State,” he said.