Fashola: We’ll complete all ongoing, abandoned federal projects

The Minister of Works and Housing, Babatunde Fashola, has reiterated the federal government’s commitment to the completion of all on-going and abandoned projects across the country.

Speaking on Thursday when the management team of Federal Mortgage Bank of Nigeria, (FMBN), paid him a courtesy visit in his office, Mr Fashola said the policy direction of the present administration was on completing all on-going and abandoned projects.

In response to the remarks of the Board Chairman of FMBN, Adewale Adeeyo, on the uncompleted re-capitalisation of the bank, the minister said the ministry would see that the process was completed as the government of the day placed importance on Housing and Consumers Credit.

According to him, ”It is one of those areas of urgent focus by the president as a way of creating prosperity and as a way of enhancing the dignity of Nigerians”.

Mr Fashola said there was a lot that could be jointly done by the ministry and the bank in the actualisation of the Next Level Agenda of the Buhari-led administration assuring the bank of the ministry’s readiness to look at its projects that are on-going and fashion out ways of completing them.

He however charged the bank to do more on publicity as most Nigerians were currently not well informed that the bank grants construction loans with more competitive interest rate than those offered by commercial banks.

Earlier, Mr Adeeyo, who led the team of the top management of the bank on the visit, had solicited for the completion of the re-capitalization process of the bank

 172 total views,  1 views today

LEAVE A REPLY

Please enter your comment!
Please enter your name here