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Home Property & Road

Umahi engages private sectors on road infrastructure investment

Oluwaseun Sonde by Oluwaseun Sonde
1 year ago
in Property & Road
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The Minister of Works, Engr. Nweze David Umahi has engaged with concessionaires and other private sector organizations on the need for private sector investment on Nigeria road infrastructure as it was done in advanced economies of the world.

This is keeping with the road infrastructure initiatives of Renewed Hope administration of the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu as stated in statement released by the Special Adviser (Media) to the Minister of Works, Barr. Orji Uchenna Orji on Wednesday in Abuja.

Senator Umahi who had a closed door meeting with the Governor of Taraba State, Dr. Agbu Kefas, the founder and CEO of Dangote Group of Conglomerates, Aliko Dangote and Ndudi Godwin Elumelu, former Minority Leader, Federal House of Representatives.

Recalled that the Minister of Works in his zeal to change the ugly narrative of road infrastructure in Nigeria had set up three committees to work on contracts executed by some concessionaires with Ministry of Works with a view to reviewing the scope and cost implications of projects they undertook to execute under Highway Development and Management Initiative (HDMI).

It further stated that this private sector initiative will fastrack road infrastructure revolution and bring order, accountability, profitable entrepreneurship to operations, management, and maintenance of Federal Highways.

The aide said that the Governor of Taraba who retired as a military professional was a one-time chairman Governing Board of Directors Nigerian Maritime Administration and Safety Agency (NIMASA) before he became Governor.

Adding that the founder and CEO Dangote Group is one of Africa’s foremost captains of industry who’ve made ambitious investments in development of infrastructure in Nigeria.

And Dangote has shown manifest commitment in the transformation of Nigeria’s infrastructure through long- term investment in strategic sectors of Nigeria’s economy, including financial services, and infrastructure development.

He concluded that Ndudi G. Elumelu is a well-travelled politician and contemporary public administrator, and also a product of Harvard Business School, Boston.

Tags: Aliko DangoteDavid UmahiRoad Infrastructure
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Oluwaseun Sonde

Oluwaseun Sonde

Managing Editor, Nigeria, a renowned journalist with multitask functionality, member of the Association of Corporate Online Editor (ACOE). Email: admin@mediabypassnews.com

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