{"id":102246,"date":"2021-11-03T18:19:23","date_gmt":"2021-11-03T17:19:23","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=102246"},"modified":"2021-11-03T18:19:23","modified_gmt":"2021-11-03T17:19:23","slug":"nigeria-does-not-need-new-road-projects-says-fashola","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/03\/nigeria-does-not-need-new-road-projects-says-fashola\/","title":{"rendered":"Nigeria does not need new road projects, says Fashola"},"content":{"rendered":"<p>Minister of works and housing, Babatunde Fashola has stated that the country does not need new road projects.<\/p>\n<p>This was stated on Wednesday by the minister when he appeared before a house of representatives committee on works to defend the ministry\u2019s budget.<\/p>\n<p>Fashola said instead of awarding new road projects, the \u201climited resources\u201d should be applied to completing abandoned and uncompleted <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/10\/29\/fg-to-contractors-we-will-not-tolerate-delay-in-power-projects\/\">projects<\/a>.<\/p>\n<p>\u201cThe number of projects is increasing and all of us must find a way to come to a consensus because our revenue is not increasing at the same exponential rate,\u201d he said.<\/p>\n<p>\u201cWhat we are seeing every year is that we appropriate for a very token amount for a project of certain quantum. Now, once the award is done, the question of financing becomes a challenge.<\/p>\n<p>\u201cWith the inflation and everything, there must come a time and I think that time is now; Mr chairman and honourable members, enough of new roads and new projects.<\/p>\n<p>\u201cLet us concentrate our limited resources to complete or progress some of what we have started. In finding the solution, I will be happy. There are a couple of roads in Osun and we cannot finish all of them in one <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/10\/29\/ayade-presents-n276bn-budget-to-cross-river-assembly\/\">budget<\/a> cycle.<\/p>\n<p>\u201cIf the parliamentarians from each state can come together and say, this is on priority project for us and decide that let us move our zonal intervention project \u2014 and say this is what we want to achieve \u2014 this is an honest conversation we must have.\u201d<\/p>\n<p>The minister also said the government must increase its revenue generation to reduce borrowing, adding that such loans have become a matter of concern in the public space.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister of works and housing, Babatunde Fashola has stated that the country does not need new road projects. This was stated on Wednesday by the minister when he appeared before a house of representatives committee on works to defend the ministry\u2019s budget. Fashola said instead of awarding new road projects, the \u201climited resources\u201d should be [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":48818,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[1091,21512,2882,1361],"class_list":["post-102246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-babatunde-fashola","tag-ministry-of-works-and-housing","tag-revenue-generation","tag-road-projects"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria does not need new road projects, says Fashola<\/title>\n<meta name=\"description\" content=\"Minister of works and housing, Babatunde Fashola has stated that the country does not need new road projects.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2021\/11\/03\/nigeria-does-not-need-new-road-projects-says-fashola\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria does not need new road projects, says Fashola\" \/>\n<meta property=\"og:description\" content=\"Minister of works and housing, Babatunde Fashola has stated that the country does not need new road projects. 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