FASHOLA EARMARKS N100B FOR ROADS

Governor Babatunde Fashola of Lagos State has earmarked N100 billion for road construction, rehabilitation and other infrastructure this year.
At least, 70 percent of the fund would be used in completing ongoing road projects across the state, a source disclosed to P.M.NEWS, while the remaining 30 percent of the budgeted sum would be used for other infrastructural projects, construction of new roads and rehabilitation of other dilapidated roads.

With this amount budgeted for works as capital expenditure in the budget, it shows that the Lagos State Government is laying more emphasis on completion of already awarded road contracts and awarding of few other road projects as buttressed by the Commissioner for Works and Infrastructure, Dr. Kadri Hamzat three weeks ago.

Source: PMNews