Friday 18th August, 2017
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House to probe N10trn ongoing, abandoned projects

House to probe N10trn ongoing, abandoned projects

The House of Repre­sentatives yesterday resolved to probe the over 11,886 ongoing projects that require over N10trillion and more than 10 years to complete.
The House is also to probe abandoned critical federal government proj­ects in the road, power, ed­ucation and transportation sectors of the economy.
The resolution of the House was sequel to a mo­tion moved at the plenary by Hon Babangida Ibra­him on ‘The Need to De­termine the Status of on­going/Abandoned Federal Government Projects’.
Leading debate on the motion, the lawmaker said, “As at May 2011, there were over 11,886 ongoing projects that required over N10 trillion and more than 10 years to complete even if an average sum of 1 tril­lion is provided annually to fund the projects.
“That of the total com­mitment of 7.8trillion for the 11,886 ongoing proj­ects, only 2.7 trillion was paid to contractors, imply­ing an outstanding com­mitment of 5.1 trillion as at May 2011.”
Hon Ibrahim, who pointed out that since 2000, capital budget im­plementation has never reached 50 per cent, la­mented the infrastructural deficit in the country has been characterised by di­lapidated road network, epileptic power supply, moribund railway system, dilapidated structures in the education, health sec­tors among others.
According to him, in the last 17 years, trillions of naira have been com­mitted to the provision of critical infrastructure in agriculture, transporta­tion, education, health, environment, security, science and technology, roads and power supply across Nigeria.
The House, has, how­ever, mandated its Com­mittees on Finance and National Planning and Economic Development to look into the development and to report back within eight weeks for further leg­islative action.
The mandate of the committees is to ascertain the number and location of ongoing or abandoned federal government capi­tal projects across the six geo-political zones in the country.

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