Gbetu TV (News They Are Not Talking About)
Business

Fashola: ObJ is the problem behind weak infrastructural projects

The Minister of Works and Housing, Babatunde Fashola, has blamed former President Olusegun Obasanjo(Obj) for the weak infrastructural facilities in the country.

Speaking during an interview on Channels Television, the former Lagos state governor said that the former President should have build roads, rails, bridges, and other capital projects across the country while he was in power, instead of paying off Nigeria’s external debts.

Fashola also accused Obasanjo of under-investing in the country’s infrastructure despite having access to a large sum of money such as the $12 billion Paris Club Fund, but rather was pursuing debt cancellation as state policy.

He said: “At one time in this country, in 2005, we had $12 billion. At that time, these roads were bad. At that time there was no rail. But what did we do as a matter of state policy, it was just to pay creditors to our own detriment.

“I can only imagine if I had the opportunity then with $12 billion in my hand, we would have built rails and roads. What this government is dealing with, which I am responsible for the roadside, is the infrastructure that will be enduring.

“Without the rails, we will not have roads that last. Trucks and heavy cargo is not meant for our roads. The jurisdictions we want to be like, don’t transport cargo, containers on their roads. That’s why I am so optimistic about tomorrow that if we advance this significantly, there will be a better tomorrow.

“We lost the opportunity to invest $12 billion and then we went back to borrow and the problems haven’t gone away and they will have to be dealt with.”

Fashola: ObJ is the problem behind weak infrastructural projects

The minister noted that the Buhari government was not in anyway mortgaging the future of the nation’s children by its external borrowing, saying that the government was only building for tomorrow’s children.

He added that the current administration would continue to do its best to ensure that the country’s infrastructure is developed.

He said: “Every generation that’s responsible enough like us must position for tomorrow’s children. We should not leave this for them to come and do because it will be more expensive.

“That said, I think the way to go is to say that at the appropriate time, a tolling policy will be developed because for you to toll you must ordinarily develop alternatives. The government must also understand that not all of its infrastructure is of a commercial kind.”

__________________________ Join us on WhatsApp ______________________________
Tags: Babatunde Fashola Olusegun Obasanjo
TEMI BADMUS

Temi Badmus is a Food scientist and an Art enthusiast. She is an health freelancer, and media Manager. She is a humorous and controversial writer, who believes all form of writing is audible if it's done well. Temi Badmus specializes on indigenous food nutrient research and values. She believes in reaching out to people with health decline through articles and giving advice on good eating habit.

Recent Posts

  • Education

JAMB set to release 2024 UTME results

The Joint Admissions and Matriculation Board (JAMB) has concluded plans to release the results of the 2024 Unified Tertiary Matriculation…

29 April 2024
  • Health

Why drinking cold water is dangerous, even in hot weather

Cardiologists and public health physicians have warned Nigerians against excessive consumption of cold water, stressing that it can lead to…

29 April 2024
  • Technology

China’s robotic spacecraft to be sent to the moon

The Chang’e 6, China’s next robotic spacecraft to the moon, has been scheduled to set out on its journey in…

29 April 2024
  • Education

Lagos Indian school where Nigerians are denied admission

Gbenga Oloniniran writes about the discrimination experienced by some Nigerians on the premises of foreign businesses where they are met…

29 April 2024
  • Technology

NASA is officially headed to Saturn moon

It's scientifically ambitious. It's aeronautically daring. And it's unflinchingly expensive. It's NASA's newly approved mission to Saturn's moon, Titan, where…

29 April 2024
  • Politics

Mali: Political parties call for presidential elections to end military transition

Since the coup d’état on May 24, 2021, a transition government has been in charge of Mali and shows no…

29 April 2024