{"id":110976,"date":"2024-04-22T13:08:22","date_gmt":"2024-04-22T17:08:22","guid":{"rendered":"https:\/\/africatodaynewsnewyork.com\/?p=110976"},"modified":"2024-04-22T13:08:22","modified_gmt":"2024-04-22T17:08:22","slug":"obi-queries-fgs-timetable-for-lagos-calabar-road-completion","status":"publish","type":"post","link":"https:\/\/africatodaynewsnewyork.com\/2024\/04\/22\/obi-queries-fgs-timetable-for-lagos-calabar-road-completion\/","title":{"rendered":"Obi Queries FG’s Timetable For Lagos-Calabar Road Completion"},"content":{"rendered":"

The Labour Party’s presidential candidate, Peter Obi<\/a>, has expressed doubts about the Federal Government’s dedication to completing the Lagos-Calabar coastal highway project.<\/strong><\/p>\n

Peter Obi, the Labour Party’s presidential candidate, expressed his concern in a statement via his verified X handle on Monday.<\/p>\n

Peter Obi draws attention to the deplorable state of the country’s road network, characterized by numerous uncompleted projects, which have become dangerous and insecure.<\/p>\n

Peter Obi cautions against launching a massive new project that may not be completed for decades, which would only exacerbate the issue of abandoned, uncompleted projects that fail to drive economic growth and development.<\/p>\n

Given the nation’s economic state, Peter Obi advocates for prioritization and fiscal discipline, warning that the project will exacerbate the already crippling debt burden.<\/p>\n

The former Anambra State governor said most of those uncompleted roads have been under construction for several years and are unlikely to be completed any time soon due to poor and unplanned funding.<\/p>\n

He said,\u201cI have closely followed the comments and developments arising from the coastal (Lagos-Calabar) Super highway Project.<\/p>\n

\u201cWhile I\u2019m hesitant to engage in contentious debates about its benefits, which I acknowledge, and the pricing, which I have serious concerns about, and believe should be thoroughly reviewed, I am compelled to raise essential questions about the timing and prioritization of such a monumental venture.<\/p>\n

\u201cAt the forefront of my concerns is the pressing issue of numerous uncompleted roads scattered across the country, many of which have become hazardous death traps and security risks.<\/p>\n

\u201cIt is disheartening to witness the plight of innocent Nigerians who traverse these dilapidated roads under perilous conditions, vulnerable to kidnappers and other dangers.<\/p>\n

Read also: New Nigeria Only Possible With Right Leaders In Govt \u2013 Obi<\/a><\/strong><\/p><\/blockquote>\n

\u201cMost of these roads, vital for economic growth, regional connectivity, and overall development, have been under construction for several years if not decades now and are unlikely to be completed any time soon due to poor and unplanned funding.<\/p>\n

\u201cThe Federal Ministry of Works 2024 capital budget of N892,461,262,656.00, additional funding from multilateral loan projects of N94,828,535,243.00, alongside other expected contributions from sources like the China-Exim Bank and the World Bank, will not be enough for serious work on all the critical roads, some of which I enumerated above, let alone their completion.<\/p>\n

\u201cSo, why embark on another huge project that will not be completed in the next 20 or 30 years? To do so will only exacerbate the problem of abandoned, uncompleted projects that are not contributing to economic growth and overall development.<\/p>\n

\u201cIt will merely worsen our already sagging debt burden. Given the state of our economy now, prioritization and fiscal discipline should be our critical guiding principles now.<\/p>\n

\u201cTherefore, while acknowledging the potential benefits of coastal superhighway infrastructure, I urge prioritization of our existing uncompleted projects.<\/p>\n

\u201cWe must allocate resources towards repairing and completing existing infrastructure, crucial for the well-being and safety of our society, before embarking on new projects, no matter their perceived benefits.<\/p>\n

\u201cLet\u2019s prioritize the urgent needs of our people and ensure that our investments serve the collective good of the nation.<\/p>\n

It has been suggested that development strategies should prioritize the completion and renovation of existing infrastructure over launching massive new projects that may not be finished for decades.<\/p>\n

Africa Today News, New York\u00a0<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The Labour Party’s presidential candidate, Peter Obi, has expressed doubts about the Federal Government’s dedication to completing the Lagos-Calabar coastal highway project. Peter Obi, the Labour Party’s presidential candidate, expressed his concern in a statement via his verified X handle on Monday. Peter Obi draws attention to the deplorable state of the country’s road network, […]<\/p>\n","protected":false},"author":9,"featured_media":110978,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[6928],"tags":[21572,13381],"class_list":["post-110976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feature","tag-labour-party","tag-peter-obi","pmpro-has-access"],"yoast_head":"\nObi Queries FG's Timetable For Lagos-Calabar Road Completion<\/title>\n<meta name=\"description\" content=\"The Labour Party's presidential candidate, Peter Obi, has expressed doubts about the Federal Government's dedication to completing the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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