Ministers collaborate to transform road infrastructure

The Minister of Works, David Umahi, and the Minister of State for Steel Development, Shuaib Audu, are determined to maximize the opportunities of the Ajaokuta Steel Plant for the development of Nigeria’s road infrastructure.

The resolution was contained in a statement issued by Umahi Chief Press Secretary, Orji Uchenna Orji, after an inter-ministerial meeting in Abuja.

Umahi said the Ministry of Steel Development would play a key role in President Bola Tinubu’s road infrastructure revolution plan by providing over 16 per cent of concrete pavement materials for the construction of highways across the country. I was told.

He argued that harnessing the opportunities in the steel industry would not only create jobs and wealth for the country’s people, but also create global markets and boost industrialization.

Here are his words: “How do we revitalize Ajaokuta Steel? We are going to build a concrete road that will be about 16 percent steel and 30 percent cement. We need a lot of money to start. We decided to go for it and God gave us an idea. We need about $35 billion to start. If we start waiting for the federal government, it might get difficult.

“We have achieved a return on investment (ROI). Some of the profits we would have made will go towards bank interest. We are looking at commercial banks, but the Federal Executive Committee It needs to be approved. If it’s possible, it means the president is actually true to his word, and it will be possible.”

Mr Audu emphasized the implementation of the current administration’s “New Hope” agenda.

He hinted that the partnership would boost the economy through income generation and employment.


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