Thursday, September 21, 2023
HomeAbuja NewsAbandoned projects: FCT looks towards other funding options

Abandoned projects: FCT looks towards other funding options

The Federal Capital Territory Administration is currently mapping out strategies for effective funding of projects in the territory.

The FCT Minister, Nyesom Wike, at a recent meeting with contractors, said there was need to diversify funding options beyond the national budget so as to check the rate of abandoned projects in the territory.

Wike, while lamenting the pace of abandoned projects across the territory, insisted that there was no excuse for littering the space with uncompleted projects.

The minister, who pledged to mobilise contractors handling short term projects back to site, noted that diversifying funding sources was a strategy the administration would be adopting to avoid owing contractors, a situation which resulted to some abandoned projects.

“A lot residents have complained about abandonment of projects in terms of road infrastructure, and road network is one basic thing that makes the city.

“We are handling the issue of sanitation, street light, shanties and the rest of them, but roads are very key. So we are trying to see how we can map out strategies for structure of funding, so that we will not have problems of completing projects.

“So we are determined, seriously, to make sure that every contractor goes back to sites. Not just going back to sites, but with direct supervision from my office and that of the Minister of state.”

The minister also disclosed that some of the key projects to receive immediate intervention include the Abuja Metro Line as well as the resurfacing of road networks in Garki 1, Wuse 1 and some part of Maitama.

He said the FCTA has specific orders to ensure prompt completion of the rail project as, “Mr President said he wants to ride on the Metroline so that is a key project that must be completed.”

The minister who pointed that the lack of supervision has been a bane to achieving infrastructure development, warned that the administration under his leadership would not compromise on standard.

- Advertisment -