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Buhari Creating Wealth Through Infrastructural Renewal – Fashola

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The Minister of Power, Works and Housing, Babatunde Fashola
  • Buhari Creating Wealth Through Infrastructural Renewal – Fashola

The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said President Muhammadu Buhari is creating wealth and securing the future of Nigeria as well as building a solid foundation for employment and prosperity by investing in infrastructure renewal.

Fashola described infrastructure as the foundation for national prosperity and unity and the most dependable fortress against tomorrow’s bad weather.

A statement on Sunday quoted him as saying this at the Loko-Oweto Bridge and road project site while inspecting the project.

The minister, who had earlier inspected projects in Anambra and Benue states, said, “President Buhari has demonstrated a commitment to infrastructure renewal, building roads and bridges like the Loko-Oweto Bridge, the Loko-Oweto Road, Enugu-Otukpo Road, Township Road in Otukpo, Second Niger Bridge, and the Federal Secretariat in Awka.

“Infrastructure took the American nation out of the Great Depression and Recession; whether it is the Second World War or Marshal Plan in Europe, whether it is the ascent of the Chinese Empire today, the backbone is infrastructure – road, rail and airports.”

Fashola thanked the contractors, Messrs Reynolds Construction Company, and Federal Controller of Works for Benue, Mr Celestine Shausu, and his counterpart in Nasarawa State, Mr Wasiu Taiwo, as well as the Director, North Central, Mr Dayyabu Mamman, for their untiring work in helping to rebuild the country.

He said, “This road unites two traditional rulers – the Ada Agatu (of the Agatu Community of Oweto in Benue State) and the Mai Loko (of the Loko Community in Nasarawa State). It is uniting farmers; so, infrastructure is the basis for national unity. It brings people together, it brings prosperity, it is the foundation for jobs, it is the foundation for agriculture, it is the foundation for industry and this is what President Buhari is committed to. Very soon, this road and this bridge will connect and unite Nigerians forever irrevocably.

According to the statement, the contract for the construction of Loko-Oweto Bridge was awarded to R.C.C. Nigeria Limited on November 2, 2011, with an initial completion period of 48 months but take-off was delayed by issues bordering on change of project alignment, which affected the original design.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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