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Fashola Laments The Unavailability Of Funds For Road Construction In Nigeria   
Babatunde Fashola
Politics

Fashola Laments The Unavailability Of Funds For Road Construction In Nigeria   

Jayfred Ugo

Jayfred Ugo

Barrister Babatunde Fashola, the Minister of Works and Housing, has mentioned a lack of funds as the reason for the poor road network in the country.

The former Governor of Lagos State has proposed a multi-million dollar budget which he says if accepted will help reconstruct all bad roads in Nigeria.

He explained that there are over 500 major roads across the nation and they are in dire need of rehabilitation, but due to poor budgetary funding, they have grown into worse conditions.

Fashola made this assertion during the 2020 budget defence in Abuja before the joint interactive session of both House of Representatives and Senate.

The minister also accused the Federal Government of only attending to those critical roads with economic value.

It is Fashola’s hope that in the 2020 budget the government would allocate more funds to other roads.

Fashola did not fail to highlight the importance of private partnership on road construction so as to make prompt progress in the construction and reconstruction of roads in Nigeria.

Lastly, the 56-year-old politician advised the federal government to acquire 'Sukuk' and other external sources of investment, where the money for critical road construction in the country would be saved and used when needed.