DAILY TRUST
Minister of Works, Dave Umahi, says the country needed N18 trillion to fix its roads infrastructure.
The minister however, said the annual provisions in the National Assembly Appropriation Bills would not be able to address it.
Umahi spoke with newsmen after he appeared before the Senate Committee on Works to defend his ministry’s 2025 budget estimates.
He said, “Remember the President inherited 2,064 projects, totaling N13 trillion in 2023. If you review that project in line with the market realities now, it should be close to N18 trillion.
“So, when the President, who is an economist, who has gone through all the segments of what we are passing through, by reason of his experiences, and is making efforts to borrow money to do these projects, the public will be challenging his actions.
“That’s what I have been telling the National Assembly, and we are on the same page now. We have to borrow money to fix the roads.
“The roads, when fixed, would be catalyst to economic growth. It will also eliminate hunger. This is because road infrastructure create a lot of economic activities.
2025 budget: N800bn not enough for road infrastructure needs – Umahi tells Reps
The Minister of Works, Dave Umahi, says the N800 billion captured in the 2025 budget proposal of his ministry for road infrastructure needs cannot do anything meaningful.
To this end, he has appealed to the House of Representatives Committee on Works to help by raising it so he can address the nation’s road infrastructure needs.
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