{"id":77740,"date":"2021-09-02T09:05:06","date_gmt":"2021-09-02T08:05:06","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=77740"},"modified":"2021-09-02T09:23:57","modified_gmt":"2021-09-02T08:23:57","slug":"fashola-calls-for-contingency-fund-as-section-of-lokoja-kabba-highway-collapses","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/09\/02\/fashola-calls-for-contingency-fund-as-section-of-lokoja-kabba-highway-collapses\/","title":{"rendered":"Fashola calls for contingency fund as section of Lokoja-Kabba highway collapses"},"content":{"rendered":"<p>Minister of works and housing, Babatunde Fashola has asked for the provision of a contingency fund in the budget to cater for emergency situations such as road collapses.<\/p>\n<p>This request was made by the minister while<span data-preserver-spaces=\"true\">\u00a0speaking with reporters at the end of the federal executive council (FEC) meeting presided over by President Muhammadu Buhari on Wednesday.<\/span><\/p>\n<p>The Federal Roads Safety Corps (FRSC) had announced that a section of the Lokoja-Kabba federal highway had collapsed.<\/p>\n<p><span data-preserver-spaces=\"true\">The agency asked motorists travelling from or to the southwest via the road to take alternative routes.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Speaking on the Lokoja-Kabba road cave-in, Fashola lamented that his ministry was often unable to respond to such failures due to lack of \u201cresources\u201d.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">He proposed that a sizable amount of money be set aside as a contingency fund.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cSo we\u2019ve been proposing that Nigeria should have an emergency provision in the works budget, but we haven\u2019t been successful enough,\u201d Fashola said<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThere must be a contingency, a sizable sum, because when we see failures, last year, we had a problem like that in <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/08\/24\/speaker-of-kebbi-assembly-deputy-impeached\/\">Kebbi<\/a>, where roads were washed away.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWe couldn\u2019t respond because we didn\u2019t have the resources. But we will lean on the Federal Roads Maintenance Agency (FERMA).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWe\u2019re already talking to FERMA, we are seeing resources that we can deploy. We\u2019re also talking to contractors in the area who we have contracts with, what stabilisation and remedial efforts we will make there because we\u2019re diverting traffic to alternate roads.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWell, traditionally back in Lagos when I was governor, I think we used to provide about five 5% of our capital expenditure as a contingency fund for emergencies.\u00a0<\/span><span data-preserver-spaces=\"true\">Something between three and five percent varies across the world.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister of works and housing, Babatunde Fashola has asked for the provision of a contingency fund in the budget to cater for emergency situations such as road collapses. This request was made by the minister while\u00a0speaking with reporters at the end of the federal executive council (FEC) meeting presided over by President Muhammadu Buhari on [&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":[1091,17072,17071,16938],"class_list":["post-77740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-babatunde-fashola","tag-contingency-fund","tag-ferma","tag-lokoja-kabba-highway"],"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>Fashola calls for contingency fund as 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