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Sep
09
2025

LATEST PRESS

FEDERAL MINISTRY OF WORKS ADOPTS FUNDING PRIORITIZATION FRAMEWORK ON NNPCL INHERITED TAX CREDIT PROJECTS NATIONWIDE.
-PROMOTES NIGERIA FIRST POLICY, SAYS CONTRACTS BELOW ₦20 BILLION TO BE DONE BY INDIGENOUS CONTRACTORS
.

As part of strategic plans towards sustainability in project funding and execution and in pursuance of the directive of the President of the Federal Republic of Nigeria, His Excellency, Bola Ahmed Tinubu, GCFR on strategic and systematic funding of inherited NNPCL funded projects, the Federal Ministry of Works has adopted funding prioritization framework to ensure the continued execution of road projects hitherto funded by Nigerian National Petroleum Company Ltd (NNPCL) under the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme. The Honourable Minister of Works, His Excellency, Sen. Engr. Nweze David Umahi, CON made this disclosure during his inspection visit to the ongoing dualization of the East-West Road (Section IIIA) from Eleme Junction, Port Harcourt to Onne Junction in Rivers State handled by Messrs RCC Nig Ltd dated 9th September 2025.

Speaking during his visit, the Honourable Minister stated that the Federal Ministry of Works had compiled all the NNPCL inherited Tax Credit projects for strategic priority funding, noting that the most critical projects within the national economic corridor would receive precedence in the hierarchy of prioritization. “We are inspecting projects of federal government in Rivers State, and this particular one is the dualization of Eleme Junction to Onne Port Junction by RCC. Recall that one carriageway was completed and commissioned, even though there are a few things we ordered afresh like the retaining wall and hanging drainage. For the second carriageway with some bridges and flyovers, work has started on it. Let me say that this is part of the NNPC Tax Credit that has been stopped in terms of funding by NNPC. But graciously, we have compiled all the NNPC inherited Tax Credit projects, and we presented as Ministry of Works to Mr. President. And Mr. President has graciously directed that none of such works should stop now. However, as Ministry, we are going to do prioritization of the projects and look at the most critical of these projects within the national economic corridor like this one. And we are going to put it forward for immediate funding because the President directed that none of such projects should stop now.”

He admonished contractors handling road projects under the Federal Ministry of Works to ensure speed, quality, compliance with specification and sustainability in project delivery and cautioned that the attention of the anti-graft agencies would be called to any case of violation of the regulations or terms and conditions set out under the contract of every project handled by the Federal Ministry of Works. He stated, “I have also noticed in some of the projects in Rivers State, and same with the Six Geo-Political zones, that contractors go ahead to put stone base and put binder course of asphalt, sometimes over 20 kilometres and leave the binder unprotected without putting wearing course. The binder is like a reinforcement to the road architecture. The wearing is the sealant that doesn't allow water to go beyond the surface. And so when you now put stone base, which has dust as designed, and you put binder, which is like a reinforcement, and you see that the composition of the binder asphalt has bigger stones, and it has holes, so the water penetrates. The moment it gets to the stone base, which has some dust, the road fails. It may technically look safe, but with time, it will definitely fail. And we've seen it in a number of roads we inspected. And what I've directed the Controller to do, and it's going to be nationwide, is that when you are putting binder and you have left it for more than two months, we are going to redo the certificate and remove all the binder and remove the stone base.” He directed that henceforth any project below the contract sum of ₦20 Billion would not be given to expatriate firms, and this he said is part of measures to promote the Nigeria First policy of Federal Government of Nigeria.

He commended the construction company handling the Eleme - Onne project, Reynolds Construction Company (RCC) for the quality of work so far done and for working on the project despite the fact that NNPCL has stopped funding the project, but frowned at the slow pace of work which they said was affected by the rainy season. He restated that 15th December 2025 remains the agreed deadline for the project’s completion with no extension or Variation of Price (VoP) allowed. “On this project of Eleme Junction, the quality of the work is excellent. The pace of the work is totally not acceptable. And let me make it very, very clear to the contractor that this project can never be reviewed by a kobo. Neither can there be any variation of price or any other claims.” He expressed dismay over the destructive habit of packing heavy duty vehicles on the road by drivers and warned that forthwith punitive measures would be taken against such perpetrators. “Our roads are not designed to carry these heavy trailers that are parking on the road. And the press should help us on that. When I was coming yesterday all the way from Aba to here, I saw that the trailers are taking over the entire roads, putting their waste, destroying the pavements, and so on and so forth. So I'm going to write to our dear Governors to see what they could help us to do about it, and will also complain to the Inspector General of Police. Let us see what we can do about it. Mr. President is doing everything possible to right the wrongs in terms of road construction. We are doing quality roads now that are going to last from 50 to 100 years. But it's being destroyed by ourselves.”

Earlier, the Federal Controller of Works in River State, Engr. Enwereama Tarilade (Mrs.) said the contractor handling Eleme- Onne road had completed the 15km Eket bound on the right carriageway and had moved to the left carriageway which is Port Harcourt bound for which 1km stretch had already been done on Continuously Reinforced Concrete Pavement (CRCP). 

Projects visited by the Honourable Minister include, the rehabilitation of Enugu – Port Harcourt, Abia/Rivers State, contract No: 6252 being handled by China Civil Engineering Construction Company Limited (CCECC), the upgrading of the 15km section of the East-West Road (Section 111A) from Port Harcourt (Eleme Junction) to Onne junction in Rivers State, contract No: 701 being handled by Messrs. RCC Nig. Ltd and multiple sections of the Enugu-Port Harcourt Expressway, including the sections handled by Arab Contractors and China Civil Engineering Construction Company Limited (CCECC).


Hon. Barr. Orji Uchenna Orji
Special Adviser (Media) to the Honourable Minister of Works Works

Jun
28
2024

HONOURABLE MINISTER OF WORKS, UMAHI COMMENCES NATIONWIDE STAKEHOLDERS' ENGAGEMENT FOR THE CONSTRUCTION OF RENEWED HOPE LEGACY ROAD INFRASTRUCTURE PROJECTS THAT WILL STIMULATE NATIONAL PROSPERITY Following  the approval  of the President of the Federal Republic of Nigeria, His Excellency President Asiwaju Bola Ahmed Tinubu GCFR for the commencement  of the national road infrastructure network  that will traverse the various trade and agricultural  corridors of Nigeria and in keeping  with the Renewed Hope strategic economic  recovery plans, the Honourable Minister of Works, His Excellency, Sen Engr Nweze David Umahi CON  has commenced nationwide stakeholders engagement for the construction of  sections of the three (3) Renewed Hope Legacy Road Infrastructure projects. The Honourable Minister will on Saturday, 29th, and Sunday 30th June 2024 hold this session of the stakeholders' engagement in Akwa Ibom and Cross-River States, respectively. In Akwa Ibom, he will present and discuss the proposed alignment for the construction of Sections 3B and 4 of Lagos-Calabar Coastal Highway project passing through the State and in Cross River State he will present and discuss section 3A of Lagos-Calabar Coastal Highway and 92 km segment of the Calabar-Sout East- North Central- Apo Abuja Superhighway passing through the State.  Stakeholders expected in the event include: Governors of concerned States, Senate and Federal House of Representatives Committees on Works, Honourable Ministers of line Ministries, Royal fathers and technocrats, Nigerian Communications Commission and major Telecommunication Service Providers, other relevant stakeholders and the Media.  The Senate President Federal Republic of Nigeria, His Excellency, Sen. Godswill Akpabio CON is expected to be the Special Guest of Honour in the event The three Renewed Hope  Legacy Road Infrastructure projects when completed  shall have historic national  interconnectivity that will crisscross the major transportation  routes of  Northern  and Southern States of Nigeria and that is the Sokoto - Badagry Superhighway (SBS): a 1,000-kilometer highway connecting Sokoto in Northern Nigeria to Badagry in Western Nigeria, passing  through  7 States and connecting to the Lagos-Calabar coastal (LCCH) highway at Ahmadu Bello way Lagos; Lagos-Calabar Coastal Highway: a 700-kilometer coastal highway connecting from Lagos State to Cross River State through  8 States; and  the Calabar- South East- North Central- Apo Abuja  477-kilometer Superhighway connecting   from Calabar to Ebonyi, Benue, Kogi, Nasarawa States and ending at Apo in Abuja This stakeholders' meeting will afford opportunities to communities along the routes and trade corridors to appreciate  the potentials of the project to the enhancement of industrialization, tourism, agricultural  commercialization and mechanization, trade and investment, and economic  competitiveness not only among the people of the area, but also the various  regions of Nigeria, and thus stimulate  national  prosperity.   ...

Jun
25
2024

CELEBRATING AN  ACHIEVER AND  ADMINISTRATOR AT 62 I feel delighted to convey the warmth of my felicitations to the Chief of Staff to the President of Federal Republic of Nigeria, Rt. Hon. Femi Gbajabiamila, CFR, on this auspicious moment of his 62nd birthday anniversary celebration this 25th June 2024 I thank God for the accomplishments of your age. A man with manifest leadership dexterity and proven track records of performance, you have traversed the tunnels of governance measuring high in public service delivery. You have made great marks as a lawyer, a legislator, and a technocrat. You demonstrated an outstanding sense of responsibility as the Speaker of the Federal House of Representatives in the 9th Assembly, and now as Chief of Staff to Mr. President, you are playing insightful roles in the Renewed Hope administration, igniting flames of inspiration in the hearts of many Nigerians. I pray for God to continue to bless and prosper your endeavours. Once again, congratulations, and please accept the assurances of the esteemed regards and best wishes of my family, the management, and staff of the Federal Ministry of Works. Sen. Engr. Nweze David Umahi, CON, FNSE, FNATE, GGCEHF Honourable Minister of Works ...

Jun
25
2024

WORKS MINISTER SEN. UMAHI COMMISERATES WITH THE NATIONAL CHAIRMAN OF APC, GANDUJE OVER THE DEATH OF HIS MOTHER-IN-LAW, HAJIYA ASIYA. I heartily commiserate with the National Chairman of All Progressives Congress APC, His Excellency, Dr. Abdullahi Umar Ganduje, OFR over the sad news of the passing of his mother-in-law, Hajiya Asiya Muhammad Gauyama which occurred on 24th July 2024. The death of a loved one no doubt creates irreplaceable vacuum in the hearts of the bereaved.  I urge you, therefore, to take solace in the knowledge that your late mother-in-law left good memories of great moral values of fairness and forgiveness in her interpersonal relations, sportsmanship and gratitude in her endeavours, patience and understanding in her aspirations, affection for unity and progress of her community as well as compassion for the cause of humanity. I pray God Almighty to give you and the bereaved family, the fortitude to bear the loss and grant her eternal repose. Please accept the assurances of the deepest compassions, esteemed regards and best wishes of my family, the management and Staff of the Federal Ministry of Works. Sen. Engr. Nweze David Umahi, CON, FNSE, FNATE, GGCEHF Honourable Minister of Works ...

First First First

PUBLIC ANNOUNCEMENT


Jul
16
2024

 


OTHER NEWS

Mar
09
2022

FCE Guzau Joins Beneficiaries Of FG’s Ongoing Road Intervention Scheme

· As Fashola commissions, hands over 1.5 km rehabilitated road to the all-female institution
 
The Federal College of Education (Technical) Guzau, Zamfara State, Tuesday, March 8, 2022, joined other beneficiaries of the on-going Federal Government Road Intervention Scheme in Federal tertiary institutions across the country as the Minister of Works and Housing, Mr. Babatunde Fashola, SAN, commissioned and handed over a 1.50-kilometre internal road rehabilitated by the Ministry.

The road, which, according to some students and staff of the all-girls institution, was in a very dilapidated condition before the intervention by the Federal Government, constituted a very big challenge to both residents and day students, especially in terms of access to lecture halls and hostels as it is a major link between the halls of residence and lectures as well as administrative blocks.

In his address at the event which attracted top administrators of the institution and other dignitaries, including the Emir of Guzau, Alhaji (Dr.) Ibrahim Bello, among others, Fashola reiterated the commitment of the President Muhammad Buhari administration to extend infrastructure provision to tertiary institutions saying the purpose was to improve the education environment of the institutions.

The Minister, who was represented by the Federal Controller of Works in the State, Alhaji Hassan Muhammad Isa, said in addition to improving the quality of education in the institutions, the objective was also in line with the progressive ideal of the Buhari administration to improve human condition, adding that the scheme represented “a critical intervention to support education”.

The Minister told the esteemed audience which also included the Chairman Governing Council of the Institution, Architect Ubokutom Nyah, “It is undebatable that the quality of education will be impacted by the quality of infrastructure and the learning environment.” He added that those in doubt of the assertion should “Simply listen to feedbacks from students in the various institutions that have already benefited from the scheme.”

Pointing out that the Ministry is currently intervening in internal roads in 30 Federal Institutions across the country, Fashola said the Ministry had already successfully intervened in 45 such institutions, 29 of which had been handed over since 2021 while the handing over of another set of 17 completed ones, including the FCE (Technical) Guzau, has commenced.

“Today, we converge at the Federal College of Education (Technical), Guzau, to hand over an important asset, 1.50-kilometre rehabilitated road by the Federal Ministry of Works and Housing on behalf of the Federal Government”, the Minister said, adding that while a lot of work still needed to be done in all sectors of the nation’s economy, including education, the Buhari government has stepped up to lead the process of getting that work done.

He declared with delight,” The gap of our infrastructure need is steadily being bridged by a gradual process of repairs, renewals and constructions on our major highways and it has now reached the schools,” pointing out that the interventions have enhanced the enthusiasm of students with regards to attending classes as some defective roads in the institutions had been restored to good condition.

Pointing out that although the interventions come as civil Works project, they represent an investment in education as well as means of job creation. The Minister added that during the construction of the road, 31 people were employed in the process “contributing to the job creation initiative of the government”, expressing the hope that the benefiting schools would take ownership of the assets and protect them from abuse.

In his address, the Deputy Governor of Zamfara State, Senator Hassan Muhammad Nashiha, commended, the Federal Government for the intervention in the institution describing it as unique in the history of governments in the country. He specially congratulated the Minister “for undertaking the project in a very special way”.

He also commended the Chairman Governing Council of the Institution, who, according to him, has brought so many projects to the institution during his tenure, including renovation of hostels and toilets as well as recreation centre. The Deputy Governor, however pleaded with the Federal Government to build a perimetre fence around the institution considering the state of insecurity in the state.

Also in his goodwill message, the Emir of Gusau, HRM Alhaji (Dr.) Ibrahim Bello, thanked President Buhari and the Minister of Works and Housing for carrying out the reconstruction and rehabilitation of the road in the institution saying it had constituted a grave challenge to students. He also pleaded with the government to help put a perimetre fence around the school especially as it is an all-female institution.

As for the students, the event was an occasion to express their joy and gratitude to the Federal Government and particularly the Minister of Works and Housing whom they praised for his consistency and dedication in carrying out the project to conclusion.

From the President of the Institution’s Students’ Union Government (SUG, Comrade Mariam Salisu, who studies Home Science to Nwada Oluchi Alago, who studies Home Economics and Fatima Abubakar, a Second Year Primary Education student; through Salihu Hamisu of ICT Department and Promise Julius and her two friends, Yemisi and Justina, who both study Biology and Integrated Science as well as Fatima Mohammad, a physically challenged student in Special Education Department, the intervention was both “God-sent and timely.”

Also present at the occasion were the Secretary to the Government of Zamfara State, The Chief of Staff to the Governor and some top officials of the State Government, deans of faculties and Directors of Departments as well a the executive officers of the Students Union Government and the students body who came in their large numbers to show their gratitude to the Federal Government for the intervention.

SPEECHES

Sep
30
2021

KEYNOTE SPEECH BY H.E BABATUNDE RAJI FASHOLA, SAN AT LAGOS BUSINESS SCHOOL EVENING WITH THE MINISTERS SERIES HELD ON SEPTEMBER 29, 2021

Distinguished Ladies and Gentlemen:

The compelling part of the LBS’ invitation letter to me dated August 31st 2021 signed by Dr. Franklin N. Ngwu is the part which talks about:

“…the need for more public/private sector dialogue and collaboration for Nigeria’s inclusive and sustainable economic growth and development.”

It is about those 3 (three) things: inclusiveness, sustainable growth and development that I wish to focus my intervention today.

But before I do so, let me push back against the part of the letter that says that:

“Some key constraints such as limited trust, lack of information on the opportunities available, impact of policies and business and operational frameworks of engagement limit their collaboration.”

The first question I wish to ask is “limited trust” on whose part?

My appeal to those who have a one-sided view of the public sector is to stand back and take a hard look at the antecedents of many of those who now occupy leadership positions in the public sector.

What you will see is that many of them, including me, spent a sizable part of their careers in the private sector.

Have we become unworthy of trust because we chose to serve?

And speaking of information or lack thereof about opportunities and policies, I recall that it was to this business school that we came for the launch of the Highway Development and Management Initiative (HDMI) to share information and opportunities regarding the planned concession of 12 highways spanning over 1,000 km of federal road network, and the opportunity for investment growth and job creation.

It is the largest highway concession ever undertaken on the African continent with the potential to create 5,000 direct jobs and 200,000 indirect jobs if successful.

We did not go to a foreign business school to launch the initiative; and there are many we could have gone to, if we so desired. We came to the Lagos Business School, because we wanted a homegrown success.

By way of updates, even though LBS has not come back to ask for one, I can report that out of 75 applicants, 18 have been prequalified, and will soon be requested to submit requests for proposals, environmental and social impact studies are concurrently being undertaken and the national tolling policy has been approved to guide the development of business plans.

Of course, as far as providing information about development and growth goes, many of us regularly brief the public about projects, I go on many project inspection tours to highlight what is going on.

Every quarter, the National Bureau of Statistics (NBS) releases reports about the growth situations in the economy.

What I have observed of course is that the negative results are readily acceptable and pleasing to some people, while they question the data when the same Bureau announces positive quarterly economic performances.

I will now return to the 3 (THREE) issues of:

a) inclusiveness;
b) sustainable growth and
c) development

But first, I must set the context.

Between the period 2012 to 2015 Nigeria‘s economy was reportedly growing at between 5% to 7%. But if we all take time to go back to the reviews and reports in the media at the time, the overwhelming response was that it was “jobless growth or “non-inclusive growth.”

This was the story then and it is not a new story. The other context before we proceed is to remind ourselves that at the peak of that growth, sometime in 2014, the then Minister of Finance issued a statement that Nigeria was heading towards a recession.

These were her words:

“There are some difficult moments out there in the international economy and we have noticed a downward slide in oil prices in recent weeks. Nigeria may not be so lucky to avoid recession this time as it did during the last economic meltdown.”

The question to ask is a recession under who’s watch?

My response is that it did not matter who was managing the economy, the recession was inevitable. We had consumed all the prolific and extraordinary income we earned from high prices of crude oil sales.

We did not invest them in infrastructure, new hospitals, universities, rail, bridges, broadband rollout, airports etc.

So the logical issue would be, what is the plan to get out of the recession?

Before I proceed let me quickly deal in broad strokes with some of the things that happen during a recession.

One of them is that it is the “services sector” that first feels the pinch, and when growth returns the services sector is the last to recover and that is when the feel-good factor returns. I will come back to this.

So in deciding what to do when the recession beckons or happens, the first thing to look at is who is managing the economy and what views do they espouse, because this is likely to shape the choices they will make.

Regrettably, many have again fallen into the error of believing the one-sided story that there is no ideology in Nigerian politics or in the political  parties.

Nothing could be further from the truth and any worthy scholar who goes through the various party manifestoes will find not only differences but also similarities and this is one thing I commend for further study and analysis by this business school.

Whilst I will do my best not to be overly partisan, I find it difficult to effectively discharge my task without linking policy to politics.

For example, my party professes a progressive ideology and what this simply means is a “commitment to improving the human condition” and this is one difference between us and the others.

Ask them what they profess?

The other difference is that in 6 (SIX) years we have ensured that the average Nigerian remembers what we committed to: anti-corruption; economic development and security. This is a major reason why we have been held accountable.

You have to go back to 1993, (28 years ago); or further back to 1978 (43years), to find a political era where the public remembers what the parties promised during the campaign.

In MKO Abiola’s SDP, the party manifesto hinged on Energy, Rural Development, Education and Defence. In UPN, Awolowo’s 4 (FOUR) cardinal points (Free Education, Free Health Services, Integrated rural development, Employment) were examples of political promises or ideology so clearly articulated and retained.

This is another difference between us and them, and I challenge many here to ask themselves if they can remember two or three things they were promised in the 16 years before us.

With this background I will now go back to the choices for getting out of recession; because we inherited the doomsday which was foretold.

As I have said earlier, in over five years when oil sold about $100 per barrel, we did not invest in infrastructure.

The 2015 Federal Government budget left by our predecessors for Nigeria’s road network was N18 billion, less than the 2015 budget for roads in Lagos State of N31 billion. (Office of Infrastructure budget)

The said budget had a 15% capital component and 85% of the recurrent component. A budget says a lot about what the Government wants to do. Consume 85% and invest 15%, at the time that oil prices were high.

This is another area of vast policy difference between us and them because from the first budget of 2016 we committed to a minimum of 30% capital investment in the annual budget and an expansive infrastructure investment to boost growth, facilitate development and create jobs.

With oil revenues averaging $43 per barrel in 2016, the works budget for roads was cast at N200 Billion naira, an increase of 1011%.

This pattern has continued to date, where we are spending even more on infrastructure with far less resources.

We must remember that with very high oil prices the total FGN budget in 2015 was N4.4 Trillion while the first budget passed under this administration was N6.06 Trillion.

The Economic Recovery and Growth Plan (ERGP) 2017 - 2020 which was developed as the pathway to recovery from recession was underpinned by infrastructure investment as it committed to:

a)    Achieving a stable microeconomic environment;

b)    Creating a globally competitive economy and

c)    Investing in the Nigerian people.

Apart from over 13,000 km of roads and bridges now under construction or rehabilitation nationwide, hitherto very difficult projects, like Bodo-Bonny Bridge, Lagos-Ibadan Expressway, Abuja-Kano Expressway and Second Niger Bridge now underway and heading towards completion before 2023, a generation of Nigerians can now travel by rail in their own country from Lagos to Ibadan and Abuja to Kano for the first time after a very long hiatus.

This did not happen in 16 years before us.

You may not like how we look or what we say, you may even disbelieve what we say but you cannot disbelieve what we have done with limited income on infrastructure.

This is another difference between us and them.

There is yet another difference and it relates to how we the progressives have chosen to deploy resources.

Between 1999 and 2015 all the infrastructure we are talking about today were crying out for attention.

In spite of prolific oil resources in between that period, I ask anyone to show one bridge, major highway, airport or a rail project that our country built.

I will remind you that in 2005 we choose to pay $12.09 billion to negotiate a Paris debt forgiveness when there was infrastructure crying out for attention.

However, by 2015 the debt stock we inherited was $10.3 Billion in spite of prolific oil resources.

That was a policy choice. No debt, no infrastructure while population grows.

On the contrary, with limited resources and commitment to expansionary fiscal investment and infrastructure to improve the living conditions of Nigeria, our budgets have been deficit budgets funded by debts to invest in infrastructure.

It is our belief that instead of increasing the tax burden of Nigerians, if we borrow to build infrastructure, small businesses who need broadband, rail, roads, bridges and other infrastructure will improve their efficiency and create opportunities.

This can only lead to the inclusiveness, sustainable Growth and development that my invitation letter speaks about.

The Economic Recovery and Growth Plan that we developed to address the recession that our predecessors predicted has worked.

By the second quarter of 2017 we were out of the recession that started in Quarter 2 of 2016 and we recorded 12 consecutive quarters of growth until COVID-19 struck.

By staying true to our core beliefs and by developing the Economic Sustainability Plan to deal with the COVID-19 impact, we came out of a second recession which was global and we now have a 5.1 GDP growth in Quarter 2 with services sector growing at 2.8%.

Remember I told you that the services sector is the last sector to recover after recession and this result is therefore clear evidence that the economy is on the mend and we must sustain it and expand it. In this regard I urge cautious optimism.

If you still think we are the same, let me share with you two different quotes from two sides of the divide to disabuse your minds.

The first is by the Vice-Presidential candidate of the main opposition party during the last elections in 2019.

This is what he said on August 8th 2021 about how to grow the economy.

“You cannot use infrastructure to drive economic growth…taking people out of poverty is not magic.”

But contrast President Buhari’s views expressed in Owerri on 9th September 2021 when he said:

“If we fix infrastructure, people will get on with their businesses.”

I am persuaded that President Buhari gets it.

His contemporary in the USA (a country held out as the example to follow) also gets it when he said:

“The American Jobs Plan will generate historic job growth, historic economic growth, help businesses to compete internationally, create more revenue as well.  They are among the highest-value investments we can make in the nation — investing in our infrastructure.”

What limits or enhances the capacity of business is the infrastructure in the environment they operate.

The better the infrastructure the more efficient business becomes and the more productive and prosperous they will be.

If they can move goods and services in quicker time, through ports, rail and road, if they can transact financial services through reliable broadband, move fuel through new pipelines like the Ajaokuta-Kaduna pipeline project, if they can traverse about 40 kilometres on the Bodo-Bonny Bridge on land rather on canoes through the creeks, businesses will prosper and the economy will grow.

This in part is what the enablement of this private sector by the public sector means; in addition to fiscal and monetary policy.

This is a clear road to sustainable growth; and it is growth that will need more people to manage it thereby achieving inclusiveness.

Thank you for listening.


Babatunde Raji Fashola, SAN
Honourable Minister of Works and Housing

 

 

PHOTO NEWS

Jun
02
2025

DRIVING NIGERIA’S FUTURE: CELEBRATING TWO YEARS OF TRANSFORMATIVE LEADERSHIP AND THE LAGOS-CALABAR COASTAL HIGHWAY MILESTONE

DRIVING NIGERIA’S FUTURE: CELEBRATING TWO YEARS OF TRANSFORMATIVE LEADERSHIP AND THE LAGOS-CALABAR COASTAL HIGHWAY MILESTONE

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PHOTO NEWS

Apr
28
2025

MID -TERM REVIEW MEETING ON THE IMPLIMENTATION OF THE DECISIONS REACHED AT THE 29TH NATIONAL COUNCIL ON WORKS (NCW) DAY 1

MID -TERM REVIEW MEETING ON THE IMPLIMENTATION OF THE DECISIONS REACHED AT THE 29TH NATIONAL COUNCIL ON WORKS (NCW) DAY 1

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