Budget: ₦800 Billion Not Enough To Fix Our Bad Roads

Budget: ₦800 Billion Not Enough To Fix Our Bad Roads – Umahi

By - LCR 18 January 2025 Comments (0) 2 Mins Read

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The Minister of Works, Dave Umahi, has stated that the ₦800 billion allocated to the Ministry is not enough to meet the road infrastructural needs of the country.

Umahi stated this at a 2025 budget defence session hosted by the House Committee on Works.

He urged the Committee to consider reviewing the ministry’s budgetary allocation in the 2025 fiscal year upward.

The Minister pleaded with the Committee to support President Bola Tinubu and borrow funds so the infrastructural needs of the country can be met.

“We plead with you to help us. N800bn cannot do anything for us. It cannot address our road needs and so we plead with you to help us,” Umahi said.

Umahi added that the number of road projects the ministry intended to fix couldn’t be funded from the ‘meagre budget envelope,’ stressing that borrowing money to fix the country’s infrastructural needs for the greatness of the nation was a step in the right direction.

“When the nation is in recession, you have to borrow money and do infrastructure. That is how you come out of a recession. It is the infrastructure that is going to be a catalyst for economic activities and then this hunger we are talking about will be a thing of the past. The food sellers will be there, those doing sharp sand, those doing gravel and so on. Support Mr President and let’s borrow money and do this infrastructure so that Nigeria will be great again,” Umahi said.

The chairman of the Committee, Akin Alabi, promised to summon the Minister of Finance, and the Head of the Budget Office to explain the rationale behind the low budget of the ministry.