HomeEconomyThe money we borrowed...

The money we borrowed is driving growth in all parts of Nigeria — Fashola

The Minister of Works and Housing Babatunde Fashola says the money borrowed by the President Muhammadu Buhari administration “is being invested in all parts of Nigeria and it is driving growth”.

The minister said this on Tuesday in Abuja at the 21st edition of Town Hall Meeting focusing on the achievements of the Federal Government in Infrastructure Development.

He also boasted the administration has delivered three critical infrastructure projects that defy solutions for decades.

The town hall meeting was organised by the Ministry of Information and Culture and the National Orientation Agency (NOA).

In a presentation, Fashola said that Apapa-Oworonshoki road in Lagos state which was notorious for gridlock and in bad shape for decades was one of the difficult projects.

He said the road built in 1970 had failed intermittently and seemed to have defied solution in the history of the country.

Fashola said Buhari found solution to the critical infrastructure with the construction of a new 37 km road from Apapa Port to the Toll Gate which would last for at least 50 years after completion.

The minister also identified Bodo-Bonny Bridge in Rivers which was the only access to the site of Nigeria Liquefied Natural Gas.

ALSO READ: Corpses of little children discovered in Bayelsa refuse weekly — Waste Mgt MD

“For decades, this place is only accessible by air and when there is bad weather which are a usual occurrence people cannot get there for days.

“Three attempts had been made by the previous administrations to construct the bridge but all failed,’’ he said.

Fashola said the Buhari administration succeeded in constructing the first road and bridge linking Bonny Island in highly challenging environment and soil condition

The third project according to Fashola is the Second Niger Bridge which he said would be delivered and inaugurated before the end of the year.

The minister said the second Niger Bridge had always come up as an election statement by past administrations and nothing happened until Buhari broke the jinx.

The minister said the administration awarded 1,019 infrastructure contracts covering 859 projects across the country and no state was left out without benefitting from the projects.

He said the administration also took an initiative to fix roads inside federal tertiary institutions and the impact had really worth the efforts.

“We are in 76 federal tertiary institutions we have completed and commission 29 and starting a round of 22 last year before the ASUU strike.

“Our promise of change as a party and government is manifesting in the area of road transport infrastructure”.

Always visit NewsWireNGR for latest naija news and updated naija breaking news.

NewsWireNGR Latest News in Nigeria

Send Us A Press Statement/News Tips on 9ja Happenings: [email protected]

Advertise With Us: [email protected]

Contact Us

LISTEN to NewsWireNGR PODCASTS

- A word from our sponsors -

spot_img

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical...

- A word from our sponsors -

spot_img

Read Now

“No Victor, No Vanquished” — Angbazo calls for unity after Nasarawa ADC Governorship Primary win

LAFIA — Retired General Nuhu Angbazo has emerged victorious from the Africa Democratic Congress, ADC, governorship primaries in Nasarawa State, calling on all party faithful to sheathe their swords and rally behind a common vision for the state's development. In a press statement issued shortly after his victory...

Lazarus Angbazo: The Countries that will lead the AI Economy are being decided right Now — By Their PowerGrids

Nigeria has enough installed generation to power a mid-sized country. The grid delivers less than half of it. Around the world, the race to build AI-ready power infrastructure is already underway — and the decisions African governments and investors make in the next eighteen months will determine...

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent story: a French immigrant and an American woman enter a marriage of convenience so he can stay in the US. They barely know each other. They hope never to see each other again after the deal...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical malpractice attorneys are finding themselves overshadowed by competitors who dominate online visibility. The root of this issue lies in the digital presence that many firms lack. While traditional word-of-mouth referrals still hold value, the digital age...

Lazarus Angbazo: The global power industry is leaving Africa behind

 Dr. Lazarus AngbazoThe nascent AI revolution is not just driving electricity consumption and massive demand for additional capacity—it is reshaping how power is built, maintained, and delivered. For Africa, the real risk is no longer just insufficient capacity—it is also losing control and ability to manage the capacity it...

Bunmi Onabanjo-Kuku: The first thing you feel when you land in Nigeria

By Bunmi Onabanjo-Kuku The first thing you feel when you land in a country is not its culture, not its cuisine, not its people. It is its airport. That threshold, the space between the jet bridge and the city beyond, tells you everything a nation believes about itself...

Dr. Lazarus Angbazo: Why a fractured world strengthens the case for African Infrastructure

How inflation, energy insecurity, power scarcity, and geopolitical fragmentation are reshaping the risk-return case for African infrastructure By Dr. Lazarus Angbazo At a recent global infrastructure summit, the prevailing mood among institutional investors was unmistakable. Faced with surging capital requirements for energy transition, grid expansion, and digital infrastructure in Europe and...

Aliko Dangote to launch what could become Africa’s largest initial public offering to raise $5 billion from investors

Nigeria’s biggest local investor, Aliko Dangote, is moving ahead with plans to launch what could become Africa’s largest initial public offering, as Dangote Petroleum Refinery & Petrochemicals prepares to raise up to $5 billion from investors. The share sale is expected to open as early as May, with...

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting 656 critical power assets across 14 states in 2025 alone and keeping up the pace in early 2026. The Nigerian Communications Commission (NCC) data showed the haul included 152 generators and 504 batteries stolen from...

Paul Yirenkyi: A call for Caution Needed, President Tinubu and the INEC-ADC Crisis

I have seen enough cycles of tension and resolution to recognise when restraint must prevail over confrontation. The current standoff between the Independent National Electoral Commission (INEC) and the African Democratic Congress (ADC) is one such moment. In early April 2026, INEC withdrew recognition of the Senator...

Nigeria’s opposition landscape appears increasingly fractured, disorganised and strategically weakened

10 months until the 2027 general elections, Nigeria’s opposition landscape appears increasingly fractured, disorganised and strategically weakened. Although no fewer than 21 political parties have been registered by the Independent National Electoral Commission (INEC) to participate in the polls, developments within the parties, including internal crises, litigations and other destabilising factors, may...

Power shortages weaken Nigeria’s business activity 

Nigeria’s business environment continued to expand in March 2026 but slowed as rising input costs and power supply deficits weighed on performance, according to the latest Business Confidence Monitor (BCM) report by the Nigerian Economic Summit Group (NESG). The report indicates that the Current Business Performance Index declined...