• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, October 4, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Nigeria Needs PPP To Tackle N19trn Infrastructure Deficit — Minister

by Jonathan Nda-Isaiah
4 months ago
in News
Nigeria Needs PPP To Tackle N19trn Infrastructure Deficit
Share on WhatsAppShare on FacebookShare on XTelegram

Minister of State for Works, Barrister Bello Mohammed Goronyo has said that Nigeria cannot address its staggering infrastructure deficit, estimated at over N19 trillion, without embracing Public-Private Partnerships (PPP).

Advertisement

Speaking at the 2025 Nigeria PPP Summit held on June 17 and 18 in Abuja, the Minister emphasised that PPPs remain the only sustainable path toward bridging the country’s massive infrastructure gap, particularly in road development.

The summit with the themed: “Role of Public-Private Partnerships in Delivering the Renewed Hope Agenda,” was convened by the Infrastructure Concession Regulatory Commission (ICRC) to bring together policymakers, investors, and development partners.

Advertisement

Goronyo, who represented the Federal Ministry of Works, said the current administration inherited more than 2,600 road projects across the country, valued at over N19 trillion.

With limited fiscal space and competing priorities, he noted, the federal budget alone cannot fund the completion of these critical projects.

“Nigeria has over 200,000km of roads, with about 35,000km under the purview of the Federal Government,” he said. “The sheer scale of work required cannot be shouldered by government funding alone. We must leverage partnerships with the private sector.”

RELATED NEWS

Borno Community Decries Boko Haram Attacks, Counts Losses

‘Nigerians Must Support Government To Reduce Illiteracy’, Says Humanitarian Onyeaji

‘Release Civilian Hostages Now Without Conditions’, Sheikh Gumi Tells Hamas

Troops Arrest 450 Suspected Terrorists, Rescue 180 Hostages In September — DHQ

The Minister highlighted ongoing PPP-driven road initiatives such as the 227.2km Akwanga-Lafia-Keffi corridor and the recently signed 127km Benin-Asaba highway concession, describing them as models of innovation and collaboration under the Highway Development and Management Initiative (HDMI).

He also stressed the need for transparency and fairness in PPP agreements, warning that poorly negotiated concessions could amount to economic sabotage.

“We cannot, in the name of PPP, mortgage our country by signing agreements that tend to favour concessionaires at the expense of national interest,” he cautioned.

Barrister Goronyo praised President Bola Tinubu for identifying infrastructure as a key driver of economic growth, noting that the Renewed Hope Agenda offers a robust platform for transformational change in the sector.

The Summit featured panel sessions and technical discussions with stakeholders from across the public and private sectors, exploring strategies for infrastructure delivery, legal frameworks, investment incentives, and global best practices.

Industry leaders, investors, and development experts at the Summit agreed that, if Nigeria is to unlock its full economic potential, PPPs must be deepened, streamlined, and supported by strong regulatory frameworks.

Join Our WhatsApp Channel

SendShare10171Tweet6357Share
Jonathan Nda-Isaiah

Jonathan Nda-Isaiah

OTHER NEWS UPDATES

Borno Community Decries Boko Haram Attacks, Counts Losses
News

Borno Community Decries Boko Haram Attacks, Counts Losses

1 hour ago
‘Nigerians Must Support Government To Reduce Illiteracy’, Says Humanitarian Onyeaji
News

‘Nigerians Must Support Government To Reduce Illiteracy’, Says Humanitarian Onyeaji

3 hours ago
BANDITRY…Sheikh Gumi Has Questions To Answer, FG Declares
News

‘Release Civilian Hostages Now Without Conditions’, Sheikh Gumi Tells Hamas

3 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Borno Community Decries Boko Haram Attacks, Counts Losses

1 hour ago

‘Nigerians Must Support Government To Reduce Illiteracy’, Says Humanitarian Onyeaji

3 hours ago

Super Falcons Striker Onumonu Retires From Football At 31

3 hours ago

‘Release Civilian Hostages Now Without Conditions’, Sheikh Gumi Tells Hamas

3 hours ago

Troops Arrest 450 Suspected Terrorists, Rescue 180 Hostages In September — DHQ

3 hours ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.