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News

Wike Frowns At Over Eighty Billion Naira Wasa Housing Infrastructure, Says Project Poorly Negotiated

written by olarotimi September 5, 2023
Wike Frowns At Over Eighty Billion Naira Wasa Housing Infrastructure, Says Project Poorly Negotiated

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has expressed dissatisfaction with the eighty-give billion naira contract for the provision of infrastructure for the Wasa Affordable Housing project in Wasa District, Abuja.

Wike expressed the displeasure when he led the Minister of State for FCT, Dr Mariya Mahmoud and other government officials to the road construction site for the housing estate on Monday.

The Guardian reported that Mr Olusegun Olusan, acting Coordinator, Satellite Town Development Department, explained that the contract for the provision of the infrastructure was awarded in 2014 at twenty-six billion naira but revised to eighty-five billion naira in 2018.

He further explained that government’s role was to provide the land and infrastructure, while private developers will build houses and sell to the masses at affordable rates.

But the minister was not impressed with the arrangement made by the FCT, stressing that government should not spend eighty-five billion naira to provide infrastructure, land and benefit nothing.

 

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