Infrastructural Development Fund Coming
The federal government is to establish a Presidential Infrastructural Development Fund (PIDF) to address the infrastructure deficit in Nigeria.
Secretary to the Government of the Federation (SGF) Boss Mustapha, disclosed this in Kaduna in a one-day seminar titled, “The Provision and Spread of Socio-Economic Services, Amenities and Facilities-Need to Stimulate Stakeholders in the Country”, organised by the Federal Character Commission. He said the fund would be managed by the National Sovereign Investment Authority.
He said the fund which would target infrastructure deficits like roads and power projects across the country will ensure prompt and timely execution of projects devoid of the bottlenecks that accompany such exercises as well as address cries for marginalization.
The SGF said some projects to be addressed by the Buhari administration included the second Niger Bridge, Lagos-Ibadan Express Way, Abuja-Kaduna-Kano Express Way, among others.
“As we are all aware, development of any kind can only thrive in a peaceful and secure society. Therefore, the government has been addressing cases of rural banditry and kidnapping both in cities and in rural areas. Additional security measures are being put in place to curb the violence in Zamfara and neighboring States” he said.
Acting Executive Chairman of Federal Character Commission (FCC), Dr. Shettima Bukar Abba, in his address, cautioned those in authority not to concentrate developmental projects in one area.
He said this was because one of the basic mandates of the Commission is “Ensuring fair and equitable distribution of posts in the public service throughout the federation among indigenes of the various States of the federation and the Federal Capital Territory”.
He said his commission is watching closely states and regions that may have been short-changed with the view to making amendments in subsequent budgets.
He commended the Kaduna State government for fairly distributing projects for the good of the people and urged other states in the North West emulate Kaduna. Daily Trust