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The Minister of Works and Housing, Babatunde Fashola, has announced the completion of the Second Niger Bridge. Fashola disclosed this on Wednesday in Abuja at the unveiling of President Muhammadu Buhari’s scorecard series (2015-2023).
He, however, said connecting roads to the bridge are still under construction.
The minister explained reason why the Federal Government opted for SUKUK bond.
He said SUKUK helped to fund road construction across the country.
According to Fashola: “Second Niger Bridge is completed. What is remaining is a 4km interchange road at the Asaba end and 2km out of a 7km link road at the Onitsha end.
“The first thing we did when we came into power was we expanded our budget on road infrastructure, sought alternative sources of funding through SUKUK, Infrastructure Tax Credit Scheme.”
Fashola also listed the achievements of his ministry under Buhari’s government.
The minister said 12 road projects covering about 896km have been completed, commissioned and handed over to their communities.
Fashola said the government is executing 83 road rehabilitation projects in federal tertiary institutions across the country with 66 projects completed and 46 commissioned.
Ondomind