Categories: Business

FG secures China loan for 221km Keffi-Lafia-Makurdi road project

The Federal Government has secured a loan from the China EXIM Bank to fund the ongoing dualization of the 221km Keffi – Akwanga-Lafia – Makurdi highway project.

Minister of Works and Housing, Mr Babatunde Fashola, disclosed this during the inspection tour of the project, adding that the decision to borrow the funds for the project was taken before the administration of President Muhammadu Buhari.

He however called on the people affected by the ongoing road construction project in Nasarawa and Benue States to embrace dialogue and peaceful engagements towards resolving issues related to compensation rather than seeking recourse to agitations.

He said, “Agitations don’t solve problems; it is engagements and collaborations.”

Fashola, who was responding to a question from a journalist on the efforts of the Federal Government to compensate those affected by the project along the road said that the Federal government was closely working with the Benue and Nasarawa States to resolve the issues.

He said the Federal Government was making a deliberate effort to ensure that the real beneficiaries get the compensation and not middlemen.

Fashola said that the 221km road project being undertaken included a 10-lane expansion over five kilometres where Abuja joins Nasarawa State around Mararaba area.

He disclosed that work had yet to begin on the areas that still had issues of resettlement, relocation and compensation until such issues are resolved.

“The decision to borrow this money was taken before our administration. So we just completed the process that has been started, a process that we own because this is money borrowed for investment to improve people’s lives”, he said.

The minister who was later joined by the Governor of Nasarawa State, Abdullahi Sule, also inspected the National Housing Programme and Federal Secretariat Complex in the state capital, Lafia.

On the economic benefits of the projects, Fashola said, the projects will drive the economy and create jobs for the people, as so many people have been employed directly or indirectly through the infrastructure developments.

“If you see the economy beginning to head towards growth it’s clear that the President’s strategy on Infrastructure as a driver of growth is working “, he said.

Earlier during a courtesy visit to Governor Abdullahi Sule, the Minister appealed to the Governor to establish a park for the trailers in order to protect the roads from being damaged, pointing out that the parking of trailers and the pouring of lubricants; diesel and oil on the roads by the drivers negatively affect the life span of the roads .

Trends Admin

Recent Posts

Osun man on death row for fowl theft shares how police subjected 17-year-old self to torture

Osun man on death row for fowl theft shares how police subjected 17-year-old self to…

34 minutes ago

Oil cabal sponsoring blackmails against Tompolo, Otuaro, Kyari, say Ijaw youths

Oil cabal sponsoring blackmails against Tompolo, Otuaro, Kyari, say Ijaw youths Stakeholders under the Ijaw…

34 minutes ago

NURTW scribe felicitates Nigerians on Xmas, urges caution

NURTW scribe felicitates Nigerians on Xmas, urges caution    The General Secretary of the National…

7 hours ago

Why we displayed ‘Jesus Christ is not God’ banner at Lekki mosque -Imam

  Why we displayed 'Jesus Christ is not God' banner at Lekki mosque -Imam  …

7 hours ago

CBN fines bank found hoarding cash N150m

CBN fines bank found hoarding cash N150m The Central Bank of Nigeria (CBN) has imposed…

10 hours ago

Lagos-Calabar coastal road: Train track work begins 2025, says minister

Lagos-Calabar coastal road: Train track work begins 2025, says minister The Federal Government plans to…

10 hours ago