The Senior Special Assistant to President Muhammadu Buhari
on Niger Delta Affairs, Senator Ita Enang, has disclosed that the Federal
Government will source funds from the Niger Delta Development Commission
(NDDC), the Sukuk bond as well as other sources to finance substantial part of
the Calabar-Itu Road project next year.
He noted that the plan became necessary due to insufficient
funds for the project in the 2021 budget.
Enang disclosed this on Tuesday while inspecting a
four-kilometer portion of the Calabar-Itu Road already completed by Julius
Berger Plc.
He commended the company for the quality of road adding that
the standard was in accordance with the design by the Federal Ministry of Works
and Housing.
He said, “This is the portion which has been completed by
Julius Berger, it’s only about three to four kilometers of the 22 kilometers
that they have completed on both sides with the pavement. Not that nothing has
been done, just that they haven’t completed and gone far.
“We appreciate the quality of the road, if you see the width
and everything is as designed by the federal ministry of Works and Housing, and
they have completed it according to standard.
“We are trying to get funds from the Niger Delta Development
Commission, from other sources and of course from Sukuk bonds to be able to
complete these sides.
“I want the people of Akwa Ibom, Cross River and Abia States
to commend and appreciate the President, Muhammadu Buhari (retd.), and we want
to assure that the rest of the project will be funded more in the next budget.
“There is money in the 2021 budget, but it is not much to go
far for this, but the one we’re anxious to commence is the aspect of the road
that was awarded to CCECC which they are yet to commence because we are yet to
mobilise them.”
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