(By Chris K.Amadi)-President Muhammadu Buhari of Nigeria has announced plans by his administration to complete the east west road in 2021 in the Niger Delta zone of the country.
Speaking on Nigeria’s Democracy Day on Friday, June 12, 2020, President Buhari, who was pleased with the restoration of peace in the Niger Delta region, added that his administration has maintained oil production levels because of sustained engagement of youths, opinion leaders and other stakeholders in the region
The president also promised that the Head office of the Niger Delta Development Commission will be commissioned soon, while the funding of sections I-IV of the East-West Road shall be pursued with a view to completing the project by the end of 2021.
President Buhari also said that his administration authorized a Forensic Audit of the Niger Delta Development Commission, NDDC, to ensure that development meant for the people of the Niger Delta region get to the people.
Buhari further observed that Nigeria has risen by 25 places on the World Bank’s Ease of Doing Business ranking from 146th to 131 and is now rated as one of the ten top performing countries.
His words: “This development is due to the Visa on Arrival policy, consistent promotion of initiatives that expand facilities available to Micro Small and Medium Scale Enterprises, robust electronic registration and payment system, seamless processing of business registration and reduction of cost of registering business by 50%.
“We remain committed to expanding our mining sector. To this end I have directed the resuscitation of the Ajaokuta Steel Plant based on Government-to-Government financing and a Public-Private Sector financing.
“ With foreign and domestic investments and the participation of Small Scale Miners, we are harnessing the supply value chain in gold production.
“ We would also be launching a fully digitized mineral rights management platform for quick processing of mineral rights application digitization of records and plugging revenue leakages”, he emphasized, adding that Nigeria’s agreement with Siemens will enable the German company transmit and distribute a total of 11,000 Megawatts by 2023, to serve our electricity needs.
While hinting that the Federal Roads Maintenance Agency has completed routine maintenance on over four thousand kilometers of federal roads out of the five thousand kilometers targeted, the president said that Airport Terminals in Abuja, Lagos, Kano and Pot Harcourt are being expanded, while the rehabilitation of the Enugu Airport is almost completed.
“ For the first time in over ten years, Nigeria is conducting bidding process for 57 Marginal Oil Fields to increase revenue and increase the participation of Nigerian companies in oil and exploration and production business”, even as he declared that his government will continue to grow local content in other areas of the oil and gas sector with the disbursement of funds from the two hundred million US dollars Nigerian Content Intervention Fund to indigenous manufacturers and service providers