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Why FG Abandoned PPP on Major Infrastructure Projects ~ Fashola

NewsBuka by NewsBuka
October 26, 2021
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Why FG Abandoned PPP on Major Infrastructure Projects ~ Fashola
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The Minister of Works and Housing, Babatunde Fashola, says the current administration abandoned the Public Private Partnership (PPP) on major infrastructure projects, including the Second Niger Bridge, and the Lagos-Ibadan expressway because investors could not secure needed funding from banks.

Fashola, ex-Lagos State governor, called for the audit of the existing concession agreements between the federal government and investors.

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