We've spent over N157 billion on 2nd Niger Bridge so far — Finance Minister

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“For me, I can report to Mr President and say I have seen where all the N157 billion has gone to.”

Nigeria’s Minister of Finance, Zainab Ahmed, said the Federal Government has spent over N157 billion on the construction of the 2nd Niger Bridge out of the initial cost of N206 billion.

The minister was received by the Anambra State Governor, Charles Soludo, represented by the Deputy Governor, Onyeka Ibezim., Uche Orji, and the representatives of the construction firm, Julius Berger Nigeria Plc, were also on ground to welcome the minister.Mrs Ahmed said her visit was to gain an insight into how the funds released for the construction of the bridge are being utilised.

The minister expressed delight that two ends of the bridge had been linked. She lauded the construction firm for “introducing some unique innovations” in the construction.The minister said the project is being funded through the Presidential Infrastructure Development Fund created by President Muhammadu Buhari and managed by the NSIA.

It sped up the execution of certain strategic infrastructure projects essential to the growth of Nigeria’s economy.The Managing Director of NSIA, Uche Orji, said the Federal Government and the NSIA fund the project. He said other investors might still come in later.

 

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Talking with proof, such a lie!!?

Telling lies with confidence

On a serious note when I read the amount spend on this said bridge I wonder if the bridge is connecting Nigeria to America. Imaging 150 billion so far and they are still spending, this country tire me

worth every penny

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South Africa South Africa Latest News, South Africa South Africa Headlines