Fashola Hands Over Ministry to DOOPS. Engr. Esan ...... launches 10-year National Housing Strategy Blueprint ...... signs Value-Added Concession under HDMI The outgoing Minister of Works and Housing, Babatunde Raji Fashola and the Minister of State, Hon. Umar Ibrahim El-Yakub, has handed over the mantle of leadership of the Ministry to the Director Overseeing the Office of the Permanent Secretary, Engr. Folorunsho Esan. The event took place at the conference room of the Ministry's headquarters, Mabushi, Abuja, Friday, May 27, 2023. Fashola stated that the eight years of the Buhari's Administration did its best in making sure that the promises made to the citizens are kept, saying that though some may not like them, but they will like the work they did “There is an argument going on out there. I think it is a conversation we must have because some people don’t like the party in government but they will like the work we do" he Said. The Minister thanked the Head of the Civil Service of the Federation, Dr. Folashade Yemi Esan who was present at the ceremony, the Directors, Heads of Parastatals, Heads of Units of the Ministry and all staff in attendance. He expressed gratitude to the contractors whom he said stood in the gap and encouraged them to continue doing the best for the nation. The Minister of State, Hon. Umar Ibrahim El-Yakub expressed his appreciation to President Muhammadu Buhari for giving him the opportunity to serve in his cabinet. El-Yakub thanked the Minister and other Management staff for their kind gesture and team work which has helped him in carrying out his functions. In her good will message, the Head of the Civil Service of the Federation, Dr. Folashade Yemi Esan congratulated the Ministers for their successes and thanked them for their support and encouragement to the Civil Service programmes and activities. In his response the Director Overseeing the Office of the Permanent Secretary, Engr. Folorunsho Esan, thanked the Ministers for their purposeful guidance and high level of cooperation, pledging to continue to move with their vision, concept and dedication to duties. Meanwhile, before the handover, ceremony, a Ten- year Blueprint for the National Housing Strategy Plan (NHS) was launched by the Minister. The NHS Strategy document is a project in collaboration with Messes FMDQ Holding Plc, which will unleash the power of private capital in the sector. Fashola said government alone cannot provide the totality of housing needs for Nigerians, hence the need to create an enabling environment for the private sectors to thrive According to the Minister, the ten-year strategic blueprint has been designed to harmonize all extant housing initiatives by various stakeholders into a single National Housing Strategy. He explained that despite the numerous housing programmes initiated by the current administration for affordable housing, it still did not provide more homes than private enterprises, stating that the private sector remains the real driver of housing solutions in the country “There is nothing the government does in the housing sector that can compete and provide more than what the private sector can do whether it is a state government building or the Federal Government, the real drivers at the end of the day are the capacity of private capital for providing more houses" he said Explaining further, he stated that the scope of land holding, are from the state governments that owns the bulk of land, the Federal Government doesn’t have as much land as the collective land holding that is in the hands of the private sector. Accordingly. the Minister reiterated the need for reliable data on housing deficit that can put one on track, assuring that the scheduled population census will reveal the real size of housing problems in the country. “I am launching this document with mixed feelings and I say that because, as an initiative of the private sector, the document is an alternative solution to the housing problem. One of the data that will be collected will be; who lives in a rented house; who owns his house; those who have other houses, and what type of house people live in. So, let’s hold our breath; and when the figure comes, it will be very reliable upon which we can see the real size of the problem.” He added Earlier, the Director Overseeing the office of the Permanent Secretary, Engr. Esan stated that, the Blueprint is an outcome of the collaborative effort among the Office of the Vice President of Nigeria, Federal Ministry of Works and Housing, PricewaterhouseCoopers and FMDQ Holding PLC. He explained that the project working group had worked tirelessly to produce the strategic compendium being launched today which is an announcement of the completion of Nigeria’s 10-year National Housing Strategy Blueprint and the commitment to the execution of the initiative therein. In his response, the Senior Vice President, FMDQ Group PLC, Mr. Emmanuel Etaderhi acknowledged the support and commitment of the Vice President Prof. Yemi Osinbajo and the Minister, Babatunde Fashola for his guidance along every stage of the drafting of the strategy, while commending the members of PricewaterhouseCoopers team for their work, research and dedication. In another development, the signing of the Value-Added Concession under Highway Development and Management Initiative (HDMI) has been performed by the Minister. During the signing ceremony, Fashola noted that it is another demonstration of the Ministry’s innovative commitment to fixing the Nations’ Federal Road network through a multi-pronged approach. He said the Highways development Initiative (HDMI) was created to develop and manage the Federal Road Network with the objective to attract sustainable investment and funding in the development of road infrastructure across the Nation. The Managing Director of Infrastructure Concession Regulatory Commission (ICRC), Micheal Ohiani, in his address, stated that the primary objective of (HDMI) pilot scheme is to leverage private sector investment to improve facilities and operations on selected routes; infrastructure development by applying a commercial approach that bridges the funding gaps in annual capital budget expenditure, thereby reducing the  dependency on budgetary allocations On his part, Director Overseeing the office of the Permanent Secretary, Engr. Folorunsho Esan, stated that as the ministry attains its commercial height, it is the expectation that in no distant time, and in line with the agreed timelines, the financial close time will be reached to enable the execution of the project accordingly. The six successful concessionaires for the execution of the concession contract include: African Plus Partner Nigeria Limited Consortium (Benin Asaba Express Way and Lagos Otta Abeokuta Road);  Avia Infrastructure Services Ltd Consortium (Abuja – Lokoja Road);  Enyimba Economic City Development Company Consortium      (Onitsha Owerri Road and Enugu Port Harcourt Highway); Africa Finance Corporation Consortium (Shagamu Benin Road and Lagos-Badagry -Seme Border Road); Dafac Consortium (Kano -Shuari Road);, and China Harbour Engineering Company Limited  (CHEC) for  (Keffi-Akwanga-lafia-makurdi Road) respectively. ...

For The Records - Re: Allegation on “N130BN 2022 SUKUK Fund, Road Contractors Petition EFCC Over Non-Payment of Approved Funds Allocated to Them by Ministry of Works Staff” The attention of the Federal Ministry of Works & Housing has been drawn to the above allegation carried by Opera News an online publication which was sourced from The Street Journal of May, 16th 2023 wrongly accusing staff of the Federal Ministry of Works and Housing of refusing to disburse funds allocated for projects in the 2022 Sukuk Fund to Contracts. The writer further states that the funds have been placed into accounts to generate interest “for the sole purpose of creaming off accrued interest…. 2.     This is a blatant misrepresentation of facts and a calculated attempt to smear the name of the Ministry. It is pertinent to mention that the Ministry adopted the Sukuk model of project financing since 2017 and at no time has the funds for payment for any project been domiciled in the Ministry. SUKUK Funds are domiciled in the Central Bank of Nigeria (CBN) and are only released to the Ministry for payment after the necessary processes and approvals are obtained. According to the operational guidelines for Sukuk projects, payments are made to contractors within twenty-four hours of the funds hitting the accounts of the Federal Ministry of Works and Housing. It is therefore, unfounded to imagine that any portion of the 2022 SUKUK Fund is warehoused in any bank with the expectation of yielding interest for any pecuniary benefits to officials of the Federal Ministry of Works and Housing. 3.    You may wish to note that the Debt Management Office (DMO) approved the 2022 Sovereign SUKUK Funding of N110.00 billion for execution of sixty-three (63No.) projects across the country. The symbolic presentation to the Ministry of the cheque of N110.00 billion was performed on 6th February, 2023 in the Main Auditorium of the Federal Ministry of Finance, Abuja. 4.    Prior to the presentation of the 2022 SUKUK cheque, the Ministry was executing the 2021 SUKUK Funding in the sum of N210.565 billion for the construction of seventy-one (71No.) projects in the Federal Ministry of Works & Housing and N10.435 billion for execution of five (5No.) highway projects by the Federal Ministry of Niger Delta Affairs which were transferred to the Works and Housing Ministry. The disbursement for payment of executed works in the 2021 SUKUK Funding in the total sum of N220.00 billion was completed in April, 2023. It is important to note that the disbursement of the 2022 Sukuk could not be run concurrently with that of the 2021 Sukuk as a matter of principle. 5.    Upon completion of the payments from the 2021 SUKUK Funding, the Ministry commenced the collation and submission of Milestones to be achieved by Contractors under the 2022 Funding. The provision of Milestones by the Contractors, evaluation and approval by the Ministry and final no objection by the DMO is a necessary condition for the disbursement of Sukuk Funds. These processes take time and must be completed before any disbursement can be carried out. 6.    On completion of this process early May 2023 and in line with the commitment of the Ministry for payment of works executed according to the approved Milestones, the first (1st) Tranche Drawdown from the 2022 in the sum of N19.605 billion was forwarded to DMO. This will undergo a process of verification by consultants engaged by the Debt Management Office before payments can be approved and the CBN, through the Office of the Accountant General of the Federation, requested to release the funds for payment to the contractors. Subsequent Tranches would be forwarded to the DMO as the Contractors execute works in line with the approved Milestones and the works are verified, certified approved accordingly until the N130bn is fully accessed. 7.     It is important to advise the general public to always cross-check their facts before going to the media in order to avoid unsubstantiated allegations and avoidable waste of tax-payers money for energies that should be channeled into more productive ventures.   ENGR. FOLORUNSO ESAN DIRECTOR, OVERSEEING THE OFFICE OF THE PERMANENT SECRETARY. FMWH* ...

President Buhari Commissions Seven Legacy Projects Under Works and Housing Sector. ...the Second Niger, Ikom and Loko-Oweto bridges; Kaduna-Kano Road section and Federal Secretariat Projects commissioned President Muhammadu Buhari has today virtually commissioned seven laudable legacy projects under the Federal Ministry of Works and Housing across some states of the federation. These projects are: the Second Niger bridge linking Asaba and Onitsha in Delta and Anambra states, Ikom bridge in Cross River state and Loko-Oweto bridge linking Nasarawa and Benue states. Other projects include: Kaduna-Kano Road section dual carriageway and Federal Secretariat building complex in Anambra, Bayelsa and Zamfara states. Mr. Babatunde Raji Fashola, has been the Minister superintending over the Works and Housing sector under the Administration of President Muhammadu Buhari since inception in 2015. The Presidential commissioning was conducted virtually and simultaneously across the seven project locations in the respective states. President Buhari described the projects as symbols of his administration's efforts and commitment to renew the Nigerian stock of Infrastructure, pointing out that it was a deliberate choice and not an accident. Which today has greatly enhanced the Nigerian GDP from 20% to 40% there by delivering on the prosperity of citizenry. The President further explained that government's debts were tied to Infrastructure, pointing out the assets and investments of the government is in place. Accordingly, President Buhari stated that the projects were an example of the change promise of his administration as well as a practical effort to confront the multi-dimensional poverty instead of lamentation. Earlier, the Minister of Works and Housing, Babatunde Fashola stated that the projects these projects have massively impacted on Nigerians of various geo-political zones, saying that with these projects, President Buhari had met people at their door steps even when they never saw him in person. Accordingly, Fashola explained that the economic activities that took place during the construction work had resulted in pushing back the multi- dimensional poverty from the society. He listed the benefits to include; job creation for the people; reduced travel time with additional comfort during travels, business efficiency and value appreciation of properties. Fashola commended the cooperation and support of all the stakeholders, such as Ministers, State Governors, National Assembly Members, Contractors, Traditional and Community Leaders in the project locations for the success achieved in delivering the projects. Governors of Anambra and Imo states, Professor Charles Soludo and Hope Uzodinma respectively, the Governor of Delta State represented by the Chief of Staff, Rt Hon. Festus Ovie Agas as well as the Minister of Labour and Productivity, Dr (Sen.) Chris Ngige, who all delivered goodwill messages. They all expressed joy and commended President Buhari for delivering on the projects which they described as having huge economic impact on the Nation. The three Federal Secretariats were named after some dignitaries such as, Dr. Good luck Ebele Johnathan for Baylelsa, Ebele Okeke for Awka and Mallam Yahaya Gusau for Zamfara Federal Secretariat complex in Gusau. It was a very colourful and eventful legacy project commissioning ceremony across the Nation. ...