How We Are Mitigating the Impact of Covid 19 - Fashola
The Minister of Works and Housing, Mr. Babatunde Fashola, SAN has revealed the contribution of his Ministry to the efforts of the Federal Government to overcome the economic downturn occasioned by the impact of Covid 19.
Fashola made this disclosure in his address at the 26th National Council on Works in Port-Harcourt, Rivers State which took place from December 7- 11,2020.
Fashola said the impact of the disease on livelihood and the global economy led countries across the globe to design and implement measures and policies to keep their economies going and reflate them.
The Minister said the Federal Government under President Muhammadu Buhari developed the Economic Sustainability Plan in order to provide work, increase opportunities and sustain productivity with the Ministry of Works and Housing as one of the focal MDAS for the implementation of the policy.
Fashola said by May, 2020 11 of the biggest contractors of government returned to work in 26 states in addition to maintenance work by the Federal Road Maintenence Agency in 92 locations across 24 states of the Federation.
All these according to Fashola contributed greatly to economic recovery with an increase of 41.81% in7 quarrying and other mineral deposits, 11.96% in cement manufacturing and 2.64% in construction.
He added that there is an increase in wealth distribution as a result of increased economic activities and job creation in communities where construction works are going on.
In his speech, the Rivers State Governor, Barrister Nyesom Wike who expressed happiness over the opportunity given to his state to host the event said, "Because most developed countries understand the critical link between transport infrastructure and economic advancement, they have successfully built their economic prosperity on the back of investing in adequate and modern transport infrastructure."
Governor Wike said Nigeria cannot be an exception if it must realise basic developmental goals and make life more meaningful for the people.
The Chairman Senate Committee on Works, Senator Adamu Aliero in his remarks commended the Federal Government under the leadership of President Buhari for initiating various financial mechanisms such as the SUKUK Fund, the Presidential Initiative on Infrastructure Development Fund for road construction and rehabilitation to complement budgetary provisions which was grossly inadequate.
He expressed the determination of the National Assembly to continue to support the developmental initiatives of the government.
DUALIZATION OF LOKOJA - BENIN ROAD: OBAJANA JUNCTION - BENIN SECTION II: OKENE – AUCHI, IN KOGI & EDO STATES
DUALIZATION OF LOKOJA - BENIN ROAD: OBAJANA JUNCTION - BENIN SECTION II: OKENE – AUCHI, IN KOGI & EDO STATES - CONTRACT No. 6136. Contractor: Mothercat Ltd.
FASHOLA DELIVERS THE 10TH CONVOCATION LECTURE OF AL -HIKMAH UNIVERSITY, ILORIN, KWARA STATE
Hon. Minister of Works & Housing and Guest Lecturer, Mr Babatunde Fashola,SAN(right) and the Kwara State Federal Controller of Works, Engr. Wasiu Atitebi shortly after the Hon.Minister delivered the 10th Convocation Lecture of Al- Hikmah University on, " University Education, Entrepreneurship and Employment Prospects: Survival Imperatives in Post COVID-19," at the University Auditorium, Ilorin,Kwara State on Friday, 4th December 2020