…As Ministry awaits Tinubu’s approval for project take off
FOR 28 BRIDGES
By Dele Ogbodo
The Federal Government is excited through the Minister of Works, Engr. David Umahi, on the €25 million Euros grant that is being attracted into the country from JANSON International investor, a reputable Netherland bridge construction company for 28 priority bridges across the country.
The Minister’s Special Adviser on Media, Barr. Orji Orji, quoted the Minister as saying that this is keeping with the initiative to think outside the box in rejiging the nation’s economy through President Bola Tinubu’s Renewed Hope Agenda.
The disclosure came to the fore on Thursday when the Minister met with the team of investors from Netherland led by the Nigerian Ambassador to Netherland, Ambassador Oluremi Oliyide.
Umahi, went further to assure the team of the positive disposition of the Federal Government towards accessing international interventions from donor agencies and other development partners to address the infrastructural deficits inhibiting economic development in Nigeria.
According to Umahi, an increase in partnerships and collaborations was necessary to support the funding of the critical sector of the economy for the promotion of robust and equitable economic growth.
He assured the investors that once due diligence was carried out, he would present the proposal to the President for approval.
He said: “We have a number of projects that we can do together. But I think the best thing to do is to conclude this one, which is a grant, then get the process started, and at the point of agreement and project selection, we shall refer to President Tinubu, for his approval.”
In his remarks, the Nigerian Ambassador to Netherland, said the team was in his office to discuss the offer of a grant of €25 million Euros by Janson Bridging International for investment in road infrastructure in Nigeria.
According to him, “Janson Bridging is the largest modular bridge manufacturing and bridging company in continental Europe and the largest bridge rental company in the world.
“He promised to assist in fastracking the agreement implementation process on the side of the company as soon as all formalizations were concluded.
On his own part, a member of the team and International Business Consultant, Mr. Eric Okunde, said the investors were ready with the proposal and that they were technically prepared to work with the Federal Ministry of Works in the mapping and design of the projects as well as the formulation of the template for the execution of the project.
