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    MarketForces Africa Β» MarketForces News Β» N800bn Allocated to Works Ministry for 2025 Inadequate-Minister

    N800bn Allocated to Works Ministry for 2025 Inadequate-Minister

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJanuary 18, 2025 News No Comments2 Mins Read
    N800bn Allocated to Works Ministry for 2025 Inadequate-Minister
    David Umahi, Works Minister
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    N800bn Allocated to Works Ministry for 2025 Inadequate-Minister

    The Minister of Works, Mr Dave Umahi, says the N800 billion allocated to the ministry in the 2025 budget is inadequate to address the country’s road infrastructure needs.

    Umahi stated this in Abuja during the 2025 budget defence session organised by the House Committee on Works.

    He appealed to the committee to use its legislative powers to consider increasing the ministry’s budgetary allocation for the 2025 fiscal year.

    The minister emphasised the need for adequate funding to enable the ministry to complete ongoing projects and initiate new ones across the country.

    He stated that the scope of road projects the ministry was planning to undertake would not be achieved with the allocation.

    Umahi said that borrowing funds to address Nigeria’s infrastructure deficit was crucial for the nation’s progress.

    β€œ We plead with you to help us; the N800 billion cannot do anything for us. It cannot address our road needs and so we plead with you to help us.

    β€œWhen the nation is in recession, you have to borrow money and invest in infrastructure.

    β€œThat is how you emerge from a recession.

    β€œInfrastructure is a catalyst for economic activities and this hunger we talk about will become a thing of the past.

    β€œFood sellers sand suppliers, gravel workers and others will benefit; support President Bola Tinubu and let’s borrow money to build infrastructure so that Nigeria can be great again,” he said.

    The Chairman of the committee, Mr Akin Alabi (APC-Oyo), promised to interface with the Minister of Finance and the Budget Office to unravel the rationale behind the ministry’s low budgetary allocation. #N800bn Allocated to Works Ministry for 2025 Inadequate-Minister  Ministry Seeks $2 billion Fibre Optics Funding

    David Umahi Housing Works
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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