President Tinubu Assures Continued Investment in Critical Infrastructure

President Bola Tinubu has reaffirmed his administration's commitment to investing in crucial infrastructure, including roads, bridges, housing, transportation, education, and healthcare, arguing that infrastructure development is a valuable investment for the nation's citizens. Addressing the commissioning of the newly constructed Collected Road CN2 (Zakari A. Kyari Street) in Mabushi, Tinubu emphasized the importance of delivering infrastructure projects that would improve the quality of life for Nigerians. He acknowledged the contributions of the FCT minister, Nyesom Wike, and the team for prioritizing infrastructure delivery. The president urged residents to protect and preserve the road, dedicating it to the youth, workers, and families who would benefit from it.

Key Takeaways:

• President Tinubu emphasized the significance of infrastructure development for national growth and development, affirming his administration's commitment to investing in critical infrastructure such as roads, bridges, housing, transportation, education, and healthcare.
• The newly constructed Collected Road CN2 (Zakari A. Kyari Street) in Mabushi is part of the administration's efforts to improve the quality of life for Nigerians, reflecting the president's commitment to urban development.
• Dependant on the federal government's allocation, the FCT minister stated that only one percent of N800 billion (N8 billion) is available to the FCT, highlighting the financial constraints faced by the territory and the need for residents to contribute to the maintenance and development of infrastructure.
• The minister estimated the value of the land around the project to grow by N200-N300 million, reflecting the economic benefits of the newly constructed infrastructure.
• The president urged residents of Mabushi, Katampe, and surrounding areas to protect and preserve the newly constructed road, acknowledging its dedication to the youth, workers, and families who will benefit from it.
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Statistics:

• The federal government allocates N8 billion to the FCT per month, which is only one percent of its total allocation (Source: FCT Minister, Nyesom Wike).
• The FCT salary is N13 billion due to the minimum wage increase (Source: FCT Minister, Nyesom Wike).
• The land around the newly constructed project is valued to grow by N200-N300 million (Source: FCT Minister, Nyesom Wike).

Sources:

• "President Bola Tinubu has assured that his administration will continue to invest in critical infrastructure..."

- Source: Official Commissioning of the Collected Road CN2 (Zakari A. Kyari Street) in Mabushi.

• "So, if we only depend on one percent of what the federal government gets every month, it means that we can only increase salaries, not to talk about carrying out infrastructure. And that's why we're very aggressive in saying you cannot enjoy this free of charge. You have to pay."

- Source: FCT Minister, Nyesom Wike.