Buhari Has Invested 260 Billion Naira In Road Infrastructure
Between 2015, when President Muhammadu Buhari came into office, and 2018, Nigeria’s federal government has committed the total sum of 260 billion naira in building roads across the country.
This is according to the Minister of Power, Works and Housing, Babatunde Fashola, who delivered a keynote address at the 4th Quadrennial Delegates’ Conference of the Petroleum Tanker Drivers branch of the National Union of Petroleum and Natural Gas Workers in Abuja.
The minister stated that under the Economic Recovery and Growth Plan of the Federal Government, about 300 billion naira had been committed to Nigerian roads, stressing that it was one thing to have a plan, and another to commit to the faithful implementation of the plan.
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“If you think this is not important, let me remind you that in 2015, only 18 billion naira was budgeted for all Nigerian roads in the Ministry of Works. Only 9 billion naira was funded at the time when Nigeria’s oil was selling at close to $100 per barrel.
“This was at the time of the Transformation Agenda, when commitment fell significantly behind stated objectives. But what has changed under the ERGP is that the Buhari government has committed close to 300 billion naira to roads and funded about 260 billion naira at a time when oil prices are manifestly below the 2015 figures,” Fashola said.
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