Home Politics Buhari has authority to borrow and award contracts till last minute, says Fashola

Buhari has authority to borrow and award contracts till last minute, says Fashola

4 min read
0
0
63

President Buhari has the authority to borrow funds and allocate contracts up until the final moments of his tenure, the Minister of Works and Housing, Mr Babatunde Raji Fashola said on Thursday at the flagging off of the construction and dualisation of the Akure-Ado Ekiti Expressway in Akure, the Ondo State capital.

The road is about 49 kilometre long and has been in a deplorable condition for many years, and consequently been abandoned by many motorists.

Fashola said: “Buhari can award contracts till the last minute. So, we will work till the last minute. Those criticising us are an ignoramus. Some people are asking why we are still awarding contracts with few days to go, but they have forgotten that the tenure of this present administration ends at midnight of 28 May 2023, at 11.59 pm and when it is 12 am, Bola Tinubu takes over the government and that is why we are still working.

“They forget that you, the people of Nigeria, through your representatives, have passed a budget for us to implement. Some people are still saying why are they borrowing a few days to their expiration, it’s because we don’t have enough money and people want infrastructure. If you don’t want to borrow, that means the government will increase your taxes because that is another way to pay the deficits and that is how it is done in any part of the world”.

At the flag-off ceremony, Fashola said the road would gulp over N90 billion and would be completed in 24 months.

The minister attributed the delay in the construction of the expressway to the bureaucratic and technical processes which road construction must pass through before the work could start.

He noted that the project was being financed by the NNPC Limited through the Tax Credit Policy of the Federal Government.

Fashola said: “We are going to dualise and reconstruct this road. In the road construction, the design of the road would come first and that caused the delay. It has to follow the process. The contractor has to sign an agreement and until all that is done,  the project can’t start. The road has to be excavated because it is starting afresh”.

Ondo  State Governor,  Arakunrin Rotimi Akeredolu, who was represented by the Commissioner for Lands and Infrastructure, Mr Raimi Aminu, lauded the minister for the flag-off of the project and appealed to the people of the two states to cooperate with the contractor.

Similarly,  his Ekiti State counterpart,  Mr Biodun Oyebanji, represented by Mr Dele Agbede,  said the road, when completed, would improve the economy of the two states.

Load More Related Articles
Load More By Breezynews
Load More In Politics

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Nigeria’s inflation may drop to 34.5% this month – Report

Nigeria’s headline inflation rate may drop by 25 basis points to 34.5 per cent in December…