Nigeria govt reveals number of projects going on in South-East
The Federal Government has said it has 58 ongoing road and bridge projects in the South-East.
He said that the Second Niger Bridge, Enugu-Port Harcourt road, Onitsha-Enugu expressway, Onitsha-Owerri road, Ninth mile-Orokam road, Nnewi-Enugu road and Onitsha Eastern Bypass were among the ongoing projects. “As I speak to you now, we need nothing less than N3 trillion to fix road infrastructure in the country and as at 2015 when we came in, budgetary allocation for road was just N18 billion.
He said that the Federal Government had come up with several initiatives, including the Sukuk fund, Presidential Infrastructure Development Fund and Tax Credit Policy to addressing funding challenges in the execution of road projects.
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