Nigeria Requires Construction Of 14,000 Km Roads Annually – Onolememen

Started by Shola Sholaz, Sep 09, 2013, 10:41 PM

Shola Sholaz

Minister of Works, Mr. Mike Onolememen has identified investment in physical infrastructure, such as roads, houses, power and water as essential for the growth of the economic growth of Africa. Onolememen, an architect, said that infrastructure development and economic growth are mutually reinforcing, as infrastructure development plays a vital role in wealth creation.
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The Minister who spoke in Abuja on "Funding Infrastructure Development in Africa: Nigeria As a Case Study" also identified good infrastructure as "critical to the overall development of the Nigerian economy, which in turn impacts the standard of living of Nigerians".
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The Minister said the infrastructure deficit is large and affects every sector and investment in the road sector alone requires at least construction of 14,000 kilometres of new roads annually for the next seven years, apart from maintaining and rehabilitating the existing network as a matter of routine.These, according to him, will require the average annual expenditure on roads to increase seven fold to nearly N750billion.

Folami David

Construction of roads is very much important in times like this in Nigeria so I'm in no way surprised. It will definately reduce accidents!