David Umahi, the Minister of Works, has stated that the Federal Government requires more than N16 trillion to finish road projects inherited from previous administrations across the nation.
During a press briefing on Thursday, Umahi highlighted the ministry’s accomplishments under President Bola Tinubu’s Renewed Hope Agenda. He noted that the current administration took over 18,932.50 kilometers of ongoing road projects, encompassing 2,064 contracts.
As of May 2023, the total estimated cost of these projects was N14.42 trillion. Umahi reported that N4.73 trillion had been certified, with N3.12 trillion disbursed, leaving N1.61 trillion owed to contractors for certified work.
