The Federal Government has set aside 1.3 billion dollars (about N468 billion) from the National Sovereign Investment Fund to finance five critical infrastructure projects.

The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this on Sunday when he appeared as guest on a Nigeria Television Authority programme, “Stepping Up”.

The minister said the five ongoing projects to benefit from the fund included the Lagos-Ibadan Expressway construction, the second Niger bridge and the East-West road construction.

The other two are the Abuja – Kano expressway construction and the Mambilla power project.

He said President Muhammadu Buhari’s administration was committed to infrastructure development across Nigeria and would continue to revive and complete all abandoned projects inherited from previous administration.

“We believed that rather than starting new projects, it will benefit Nigerians to complete all inherited abandoned projects.

“To appreciate the commitment of the administration to infrastructure: In 2014 Nigeria spent N14 billion on transportation, N34 bilion on water resources and agriculture and N106 billion on power works and housing.

“In 2017, this administration spent N107 billion on transportation, N130 billion on agriculture and water resources and N325 billion on Power, Works and Housing.

“The administration, in a manner unprecedented in the history of the country, spent a total of N2.7 trillion on capital projects in 2016 and 2017 alone,” he said.

The minister listed the Oyo-Ogbomosho expressway [/b]being funded by Sukuk bond, [b]the 240km Enugu Port Harcourt roads [/b]among the numerous ongoing projects of the government.

He said the administration had completed the reconstruction of the failed Ilorin-Jebba-Mokwa road which had been abandoned for over 10 years.

The minister identified the 69 Federal Government ongoing projects in the South-East region, adding that the administration was miffed by the false allegation that the region was abandoned in infrastructure development.

On rail projects, Mohammed said the [b]156km Lagos -Ibadan standard gauge was ongoing.

He said the government in April signed an agreement with a consortium led by General Electric to revamp the 3,500 km narrow gauge between Lagos and Kano.

The minister said the 49.2 km Abuja light rail project was recently commissioned by the President.

“When we came in the light rail project was 53.8 per cent completed. Within 18 months we are able to complete it 100 per cent.

“This is the first integrated rail transportation mode in Africa that allows transportation by rail from the city to the airport to go by air.

“It is being run by two coaches now and the government has placed order for 48 more coaches to cover the entire Abuja.

Mohammed said the Abuja-Kaduna standard gauge was working and the government had in the pipeline, rail projects for all parts of the country.

The minister said the Buhari government was on track and would continue to develop critical infrastructure for national development. (NAN)

http://thenationonlineng.net/fg-okays-1-3bn-for-5-critical-projects-lai-mohammed/

Lainus Mohammed...na dem dey rush lie

...Buhari is a blesson to this country..When you are a “JUST" leader,majority of good hearted ppl will Love you,but you will be hated by the majority of corrupt minded ppl(ipob pigs included)...Nothing good comes easy,that was why things were “tough" at the beginning of pmb's tenure..But now we are seeing the good results with our own eyes.

Buhari is building a better nigeria in which we and our future chidren will benefit from,unlike pdp who will loot and share our resources without caring for our future..

God bless Nigeria
God bless Buhari

I know buhari can do it,
Buhari till 2023.

Linus Mohammed

at the end of Buhari administration, some PDP fans will never want to hear that abbreviation, PDP again. argue with one former PDP governorship aspirant from Lagos.

[img]https://2.bp..com/-aTcFvMGfvu4/Wm9XyYfkS_I/AAAAAAAAO8M/9Q86cWrAgagNTxnuek9XBgNJeAGPHkbWwCLcBGAs/s1600/Buhari%2B1.jpg[/img]


#SAIBABA2019

[s]

Splashme:
Talk, talk, talk, talk uptil date nothing tangible.

They abandoned the Lagos - Ibadan expressway for nearly two years when the money GEJ released to contractors go finished. They just rushed back to site last month so they would have something to campaign. Till date the good portions of that road are the ones GEJ did before leaving office

[/s]




We have strong immunity against ipob bad-beleism, hatred, bitterness, frustration and anti Nigerian mentality.

g

Splashme:
Talk, talk, talk, talk uptil date nothing tangible.

They abandoned the Lagos - Ibadan expressway for nearly two years when the money GEJ released to contractors go finished. They just rushed back to site last month so they would have something to campaign. Till date the good portions of that road are the ones GEJ did before leaving office

Haba...this ur lie strong gan ni...


I ply that road at least 2 times weekly... And i can say that the road has never had it this good in d last 15 years or there about...sincere RCCG, Mountain of Fire, NASFAT, TREM worshipers can testify to it...Even d blind that plies corridor sabi d difference.

The amount of cash they're committing is also lot considering Nigerias sovereign wealth stands at a little over 2 billion. Im aware they aren't spending it all in a flash. I guess they plan on borrowing against fund to finace these projects. Its different from what I know most sovereign wealth fund to do. They usually go after stocks, bonds real estate etc that earn bigger returns.

The five projects are good choices. The administration will be legendary if they build 2nd Niger bridge and the east-west road thats been talked about to death. The GE rail concession of west narrow gauge line is great. They should attend to eastern narrow lines (PH-Maidugari) asap.

Splashme:
Talk, talk, talk, talk uptil date nothing tangible.

They abandoned the Lagos - Ibadan expressway for nearly two years when the money GEJ released to contractors go finished. They just rushed back to site last month so they would have something to campaign. Till date the good portions of that road are the ones GEJ did before leaving office

If GEJ did a quarter of the things you people always attribute to him, he'd still be calling the shot in Aso Rock now.

360degreess:
...Buhari is a disaster to this country..When you are a “JUST" leader,majority of good hearted ppl will hate you,but you will be hated by the majority of well minded ppl(Except fulani pigs )...Nothing good comes easy,that was why things were “tough" at the beginning of pmb's tenure..But now we are not seeing any good results with our own eyes.

Buhari is building a distructive nigeria in which we and our future chidren will ruin from,unlike apc and pdp who will loot and share our resources without caring for our future..

God break this "shithole"Nigeria
God bless Buhari

That money is part of BMC monthly allowance like you to spread propaganda,and to fund buhari's re-election,campaign,sponsor thugs and security personnel to disrupt voting process in states where buhari and APC are unpopular

Na election money una dey accumulate... Critical projects indeed.. So afta including those same projects in d budgets U are setting aside anoda budget abi

360degreess:
...Buhari is a blesson to this country..When you are a “JUST" leader,majority of good hearted ppl will Love you,but you will be hated by the majority of corrupt minded ppl(ipob pigs included)...Nothing good comes easy,that was why things were “tough" at the beginning of pmb's tenure..But now we are seeing the good results with our own eyes.

Buhari is building a better nigeria in which we and our future chidren will benefit from,unlike pdp who will loot and share our resources without caring for our future..

God bless Nigeria
God bless Buhari

God bless our PRESIDENT.
God bless Nigeria.
God bless us.
God bless you too.

Sai Baba

deomelo:
[s][/s]

We have strong immunity against ipob bad-beleism, hatred, bitterness, frustration and anti Nigerian mentality.

Correct man.
BLESS YOU!

RichDad1:
Sai Baba

Sai Buhari

,

360degreess:
...Buhari is a blesson to this country..When you are a “JUST" leader,majority of good hearted ppl will Love you,but you will be hated by the majority of corrupt minded ppl(ipob pigs included)...Nothing good comes easy,that was why things were “tough" at the beginning of pmb's tenure..But now we are seeing the good results with our own eyes.

Buhari is building a better nigeria in which we and our future chidren will benefit from,unlike pdp who will loot and share our resources without caring for our future..

God bless Nigeria
God bless Buhari

Buhari has nothing to offer except propaganda and traveling around the World with tax payers money

He is a disease to the country and a lifeless president

post=70853145:

Sai Buhari

This is a man whose bald head costs the country millions to cut annually...

A little who has no integrity to let Nigerians know what's wrong with him or the amount of tax payers money wasted on his medical tourism...

Here is a minister of petroleum and under his watch.. NNPC failed to remit a whopping sum of 4trillion naira into the nation's coffers.

Nigeria becomes the poverty capital of the world because a certificateless cow rearer occupy aso rock.. Killing the nation's economy with ill thought out economic policies...

Buhari is a punishment to the nation

nor be today I know say lai mohammed dey lie.

Splashme:
Talk, talk, talk, talk uptil date nothing tangible.

They abandoned the Lagos - Ibadan expressway for nearly two years when the money GEJ released to contractors go finished. They just rushed back to site last month so they would have something to campaign. Till date the good portions of that road are the ones GEJ did before leaving office

Bros, Lai mohammed is known for lies, agreed! but I don't know whose gravity of lie is more between you and him.

I gave up when you said the good portions of that road were constructed by GEJ. Haba nau! Take it easy when spewing nonsense na! No be by force to talk.

Splashme:
Talk, talk, talk, talk uptil date nothing tangible.

They abandoned the Lagos - Ibadan expressway for nearly two years when the money GEJ released to contractors go finished. They just rushed back to site last month so they would have something to campaign. Till date the good portions of that road are the ones GEJ did before leaving office

It’s now Lagos-Ibadan express way, not the east that’s being neglected again ?
You lots are irredeemable Child of hate.

Sharpshooota:
6

7

Critical projects at critical time,and critical and smarter sense to show Baba exit from Aso Rock come 2019 election.

wristbangle:


Bros, I know lai mohammed is a huge liar but I don't know whose gravity of lie is more between you and him.

I gave up when you said the good portion of that road were done by GEJ. Haba nau! Take it easy when spewing nonsense na! No be by force to talk.

They get paid by post. So don’t be surprised.
Majority of these dimwits are refugees in Cambodia