Mr. Babatunde Fashola, the Minister of Works, Power and Housing, while responding to question from State House Correspondents after a meeting of the Federal Executive Council, yesterday, said that his ministry will not award any new road contract until the existing ones are completed.
The Ex-Lagos State Governor stated that the past administrations awarded contracts of N2trillion for 206 roads, which were mostly unpaid for.
“What we have done was first to say that we would not award any new road contract,” he said.
“We would deal with the over 206 roads that have been awarded but not funded for over three years.”
Fashola noted that road projects have to be prioritized because of limitation of resources. According to him, the Lagos-Ibadan expressway is the most important project because it carries the heaviest traffic.
He said that attention would be given to road that have economic significance for Nigeria, like roads majorly used for the evacuation of fuel, food and other items across the nation.
“Now the budget that we have for the three ministries that I superintend is in the region of N400 plus billion and over 200 billion is dedicated to roads across the country.
“So that is the deficit that we have to deal with and in making those choices we then have to deal not with roads that necessarily border us but roads that carry the heaviest traffic,” he said.
The Minister also stated that the purchase of three transformers of 150 MVA to be installed in Shiroro, Niger; Osogbo, Osun; and Kumbotso, Kano; sub-stations as requested by the Transmission Company of Nigeria (TCN) have been approved.
“To continue to reinforce, expand and maintain the existing transmission capacity so that as the progress of our incremental power initiative expands and achieves its purpose, Transmission Company is able to competently deliver the power.”