20 March 2018

Nigeria: Under Me, Funding for Capital Projects Increased to 30% - Buhari

Abuja — President Muhammadu Buhari on Monday said his government had invested more money in upgrading Nigeria's national infrastructure by raising funding from the national budget for capital projects from 15 to 30 per cent since he took office in 2015.

Speaking at an event to enlighten stakeholders in Nigeria's road sector on government's activities in the sector, Buhari, who was represented by the Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha, in Abuja, stated that his government was also committed to using fiscal stimulus to upgrade the country's infrastructure.

His claims followed disclosure from the Minister of Power, Works and Housing, Mr. Babatunde Fashola, at the meeting that a new regulation to guide the use of federal highways and prevent its abuse by heavy-duty vehicles has been approved by the Federal Executive Council (FEC) and would now apply on maximum allowable weights and axle load on the roads.

"It is on record that this administration has raised our annual budgetary commitments for capital projects from 15 per cent to a minimum of 30 per cent, and committed to a fiscal stimulus targeted at infrastructure," Buhari said in his remarks.

He added: "The result is a revival of construction activities on highway nationwide. From 2015 to date, my administration has constructed and rehabilitated several hundred kilometres of inter-state, federal roads and bridges to ease the movement of persons and goods."

The president however called on road users in the country to embrace a new attitude to road use, adding that overload of vehicles contribute to fast wear and tear of the road networks.

"However, in order to take the full benefits of these projects when finally completed and get value for our investments, we must change our ways. As the head of this government, I have signed up to that change," he stated.

According to him, tanker drivers and owners must commit to stop packing their trucks on highways. He said the highways are thoroughfare and should remain that way.

Buhari also noted that he has approved the commencement of the weights and axle load regulation to ensure that maximum axel loads allowed on the roads are adhered to.

In his remarks as well. The Minister of Power, Works and Housing, Babatunde Fashola, explained that the new regulation on weights and axle loads was in sync with a recent treaty on same which member countries of the Economic Communities of West African States (ECOWAS) signed and which Nigeria ratified.

A copy of an official gazette of the regulation which the ministry provided indicated that a minimum of N1 million and maximum of N10 million have been provided as fines for breach of the standards, in addition to other fines.

Fashola stated that Nigeria's compliance with the new standards would create more opportunities for its heavy-truck transport businesses in the ECOWAS region.

He said: "For the benefit of those who may be unaware, there are now existing treaty obligations within the West African sub region and beyond that regulate the amount of load any goods vehicle can put on an axle and by extension on the road in order to do business within ECOWAS and beyond.

"Our compliance with these regulations will open a massive door of opportunity and prosperity of cross-border trade to Nigerians engaged in the transport business.

"All over the world, one common thread of prosperous societies is their level of compliance with laws and regulations. So in those societies, you will see trucks parked in proper parks which create jobs, and not on the highways, which impede access and opportunity.

"In those societies, you will see trucks carrying specified tonnage of cargo because it protects the road, and allows for it to be used again and again.

"Therefore, while the temptation to overload and carry more with one truck, against regulation and good practice may be appealing, it is ultimately a barrier to prosperity. Such practices may provide cheap and perhaps corrupt riches and income, but they do more damage to the roads from which the cheap income is made," he added.

The minister also informed that the government would concession weighing bridges on the highways to private operators to maintain. These operators, he added would also be required to build warehouses that can take in loads that could be taken down from overloaded vehicles.

Nigeria

Herdsmen-Farmers Conflicts Becoming Deadlier - UN Envoy

The Special Representative of UN Secretary-General for West Africa and the Sahel, Mohamed Ibn Chambas, says the… Read more »

See What Everyone is Watching

Copyright © 2018 This Day. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 800 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.