Categories: News

Lagos-Ibadan Express: We Need 18bn To Complete Project – Works Minister

The Minister of Works, Dave Umahi, on Friday, said the completion of the Lagos-Ibadan Express was marred by lack of funds, adding that the project would be completed in November.

Umahi, while appearing on the Channels Television programme, Politics Today, said a balance of N18bn had yet to be paid for the project, which he said he would discuss with President Bola Tinubu.

The minister added that the Federal Government couldn’t allot funds meant for one project to another.

He said, “Let’s give it November. We may have a little bit of challenges on funding but it is something that I intend to discuss with Mr President.

“The funding is coming from the Presidential Infrastructure Development Fund programme. Right now, we have a balance of N18bn on that axis to pay. The stringent condition is that you cannot take funds that are meant for one project to do the other one.”

Recent Posts

Adeleke Warns Famodun To Desist From Fomenting Trouble In Igbajo

Osun State Governor, Ademola Adeleke has warned a former chairman of the All Progressives Congress…

10 hours ago

Customs Appoints Five DCGs, Eight ACGs

The Nigeria Customs Service (NCS), announced the appointment of five Deputy Controllers-General and eight Assistant…

13 hours ago

NMA Decries Exodus Of Pharmaceutical, Multi-National Companies, Says Nigeria’s Healthcare Future At Blink

The Nigerian Medical Association, NMA, has raised concerns over exit of pharmaceutical and multi-national companies…

13 hours ago

Electricity Tariff Hike: 95% Of Those Protesting Are Not Affected – Power Minister

  Minister of Power, Adebayo Adelabu has disclosed that 95% of Nigerians who took to…

13 hours ago

Labour Withdraws From Minimum Wage Talks Over Alleged N48,000 Proposal By Govt

The Organised Labour has withdrawn from the ongoing minimum wage negotiations after the government and…

14 hours ago

Kano Hisbah Arrests Journalist For Condemning Its Actions On Social Media

Jamil Mabai, a journalist working with Trust TV, the television broadcasting arm of Media Trust…

14 hours ago

This website uses cookies.