WE INHERITED N1.5TRN DEBT ON ROAD CONTRACTS – FASHOLA

0
605

The Minister of Power, Works and Housing, Baba­tunde Fashola, has dis­closed that the present administration of Presi­dent Muhammadu Bu­hari inherited road con­tractual liabilities worth N1.5trillion from previ­ous administrations.

Fashola in a statement by his Special Adviser on Communications, Hakeem Bello, said the ministry inherited 206 roads that were not bud­geted for or poorly fund­ed, adding that it had now designed a blueprint con­sisting of identifying and prioritising heavy traffic bearing roads for convey­ing essential goods and services across the coun­try.

In a statement, he said, “We have to build roads that evacuate our sea and airports; roads that drive our energy for now; roads that go to the tank farms to evacuate fuel from the South to the North and roads that sustain us and bring in our feed stock, cattle, vegetables and livestock from the North down to the South.

“And that is why you see us building from La­gos to Ibadan, to Ilorin, to Jebba to link all the way to Kaduna and Kano and go on up North. And we are doing the same thing trying to connect River Benue through the Loko-Oweto Bridge and the Second Niger Bridge; Kano-Kaduna and Kano-Maiduguri. Those are the choices we have made because this is a period of hard choices, trying to do more with less.”

Fashola added, “Those are the choices that we have made; they are not esoteric choices, they are simple and rational choices. All the roads we are working on had been awarded before I got into office by the previous ad­ministration – over 206 roads.

The minister also said Nigeria lost more than 3,000 megawatts of elec­tricity to the activities of vandals in the last six months.

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.