News
FG Can No Longer Fund All Ongoing Road Projects – Umahi
The Minister of Works, Sen. David Umahi has stated that the federal government can no longer fund all on going projects in the country at the same time.
Speaking during a press conference on Friday, Umahi said he had been directed by President Bola Ahmed to review all projects in the country to decide those that would be given priority.
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The minister, while stating the government was not considering dumping projects it inherited, clarified that projects that will be considered for funding would have reached 80 per cent completion.
On the issue of new projects, if we have appropriation that has not completed, at least, one kilometer, we are not going to carry out such appropriation. That is what FEC is concerned about. We can’t have N500m on budget but procurement is supposed to be N50bn or N100bn and you go ahead to award such a project. We have been directed not to do so.”
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