Minister of Power, Works and Housing, Babatunde Fashola
The Minister of Works, Power and Housing, Babatunde Fashola, has stated that the federal authorities has put in place workable funding mechanism to make sure completion of the Second Niger Bridge.
Fashola gave the peace of mind on Saturday when he visited the positioning of the challenge at Oko close to Asaba in Delta state.
He stated the modified tax credit score coverage, the Sukuk Intervention Fund and the Presidential Infrastructural Fund, amongst others, had been geared toward funding infrastructure initiatives that will make the nation globally aggressive.
The minister stated the contract for the development of the already designed hyperlink roads from Asaba and Onitsha to the Second Niger Bridge can be awarded earlier than the tip of the 12 months.
Fashola stated the federal authorities was additionally endeavor upkeep work on the present Niger Bridge to make sure that it continued to serve the residents.
He stated the ministry had obtained compensation claims within the realm of N3.44 billion to homeowners of land affected by the second Niger Bridge challenge.