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    Home - MarketForces News - NSE Explains N10bn Ningi Dual Carriage Way Project
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    NSE Explains N10bn Ningi Dual Carriage Way Project

    Marketforces AfricaBy Marketforces AfricaNovember 14, 2023No Comments2 Mins Read
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    NSE Explains N10bn Ningi Dual Carriage Way Project
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    NSE Explains N10bn Ningi Dual Carriage Way Project

    The Nigerian Society of Engineers (NSE) in Bauchi State, has dismissed as misleading insinuation alleging hyperinflation of the 11-kilometre Ningi – Gudduba road project.

    It will be recalled that the state governor, Sen. Bala Mohammed on Nov. 5, inaugurated the construction of the Ningi dual carriageway at the coast of N10.3 billion. NSE Chairman in the state, Mr Muhammad Ibrahim gave the clarification at a news conference on Monday in Bauchi.

    According to Ibrahim, it is “erroneous and misleading” to speculate that the state government awarded the contract for the construction of each kilometre of the 11km road at the cost of N1 billion.

    “The project is not a single-lane road but a dual carriage one. It is essential to understand that infrastructure projects, especially road construction, involve various factors that contribute to the overall cost.

     “The cost estimation for such a project considers not only the length of the road but also the terrain, soil conditions, drainage requirements, environmental considerations, and the need for quality materials.

     “Therefore, any attempt to oversimplify the cost based solely on the length of the road may not capture the full picture. Notably, every Nigerian is aware of the rising cost of everything including construction materials.

    “It is important for the public to be aware that infrastructure development comes with a price, and investments in quality roads have long term benefits for the community,” he said.

    Ibrahim also commended the governor for executing viable infrastructure development projects, especially road construction in the state.

    The Chairman said the strides in the development of road infrastructure by the state government could not be overemphasised hence the commendation by the engineers.

    According to him, infrastructure is the backbone of any thriving society, and the construction and maintenance of roads play a pivotal role in the socio-economic development of any region.

    “As engineers, we understand the technical complexities involved in such projects, and we commend the government for its diligence and dedication towards ensuring that these projects are executed with precision and efficiency.

    “In light of this, we commend the Bauchi State Government for prioritising infrastructure development, which undoubtedly contributes to the overall well-being of the citizens and stimulates economic growth,” he said. #NSE Explains N10bn Ningi Dual Carriage Way Project Investors Stake N653bn on Nigerian Sukuk -DMO

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