We’ll award contracts, borrow till May 28 midnight – Fashola

The Federal government has replied critics over the unending award of contracts and external borrowing, a few days before the expiration of President Muhammadu Buhari’s administration.

Minister of Works and Housing, Babatunde Fashola, declared that the Muhammadu Buhari administration will award contracts by midnight of May 28.

Fashola said this in Akure, the Ondo state capital, while flagging off the N 90 billion dualisation of the 49km dilapidated Akure/Ado-Ekiti highway.

According to him, People are asking why we are still awarding contracts when we have just a few days to go. Should we stop this road now and wait for the next government?

” It is a juvenile conversation. They forgot, among other things, that the term of this administration ends at midnight on May 28.

Fashola who pointed out that infrastructural development can only be actualised through borrowing or taxation, said that the project, which will cost N90 billion, will be taken care of by NNPCL through the tax credit policy of the federal government.

According to him the project awarded to Samchase Nigeria Ltd. and Kopeck Construction Company is slated for completion within the next 24 months.

Speaking on the procurement act, the Minister asked the 10th National Assembly to amend it, noting that the law was slowing down the country’s development.