{"id":23394,"date":"2014-02-25T19:11:17","date_gmt":"2014-02-25T18:11:17","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=23394"},"modified":"2014-02-25T19:11:17","modified_gmt":"2014-02-25T18:11:17","slug":"second-niger-bridge-to-gulp-n117-billion","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/second-niger-bridge-to-gulp-n117-billion\/","title":{"rendered":"Second Niger Bridge To Gulp N117 Billion"},"content":{"rendered":"<p>Abuja &#8211;\u00a0 The Minister of Works, Mr Mike Onolememen, said on Tuesday in<br \/>\nAbuja that N117 billion will be spent to construct the second Niger<br \/>\nBridge.<br \/>\nOnolememen made this known while defending the ministry\u2019s budget before<br \/>\nthe Sen. Abdul Ningi (PDP-Bauchi) led Senate Ad Hoc Committee on Subsidy<br \/>\nReinvestment and Empowerment Programme (SURE-P).<br \/>\nThe minister said that N30 billion of the amount would be sourced from the<br \/>\nSURE-P while the balance would come from the private sector partners.<br \/>\n\u201cWhat government set up to do from the beginning was that the N30 billion<br \/>\ncounterpart fund for the second Niger Bridge was going to be paid through<br \/>\nthe SURE-P.<br \/>\n\u201cIt was postulated that every year, the sum of N10 billion would be<br \/>\nprovided in the SURE-P for the second Niger Bridge and because it did not<br \/>\ntake off in 2012, we downgraded the allocation until the project takes<br \/>\noff.\u201d<br \/>\nAccording to him, there is massive mobilisation going on now at the<br \/>\nlocation and the ground breaking ceremony will be done before the middle<br \/>\nof March.<br \/>\n\u201cBefore mid-March, the ground breaking for the major work will be done,<br \/>\nand from then on full construction will commence.<br \/>\n\u201cI am sure that the project will be able to access all its funds at a<br \/>\ntime, N7 billion had earlier been used for the preparatory work on the<br \/>\nbridge.<br \/>\n\u201cThroughout last year what we were doing was the early work; phase one for<br \/>\nthe second Niger bridge.<br \/>\n\u201cWe went to the site, we did a lot of preparatory studies, morhpological<br \/>\nstudies and geotanical studies which led to the final design of the bridge<br \/>\nand preparation of the bill for engineering measurement and evaluation.\u201d<br \/>\nHe said that approval had been given for the early work on phase two which<br \/>\nwould cost about N15 billion.<br \/>\n\u201cThe money for this year, N10 billion that has been appropriated will<br \/>\nappropriately be devoted to that.<br \/>\n\u201cIt is part of the major work of the bridge, in other words, that N15<br \/>\nbillion is part of the total sum for the completion of that bridge.<br \/>\nThe minister, however, said that the completion of the project would<br \/>\ndepend on the availability of funds.<br \/>\nThe Director General of the Budget Office, Dr Bright Okogu, said what the<br \/>\nministry needed to do to access the N30 billion SURE-P funds was to go<br \/>\nthrough the SURE-P Secretariat Committee.<br \/>\n\u201cAll they have to do is to go through the SURE-P secretariat committee,<br \/>\nindicate evidence of work done, ask the chairman and his team to send<br \/>\npeople to go and witness and certify.<br \/>\n\u201cThen, they will make a claim based on that particular observation. This<br \/>\nis all they need to do to access the money,\u201d Okogwu said.<br \/>\nAt another budget defence session, the Chairman, Senate Committee on<br \/>\nCommunications, Sen. Gilbert Nnaji (PDP-Enugu) expressed worry that<br \/>\nNigeria was still lagging behind in terms of broadband and internet<br \/>\npenetration.<br \/>\nHe also wondered why budgetary allocation to the ministry had been on the<br \/>\ndecline since its inception.<br \/>\n\u201cIt is observed that the total proposal for the communications technology<br \/>\nsector for 2014 is N14.6 billion as against N15.6 billion in 2013.<br \/>\n\u201cWe have noticed a gradual decline in the total amount allocated to the<br \/>\nsector since its inception. From N19.6 billion in 2012 to N15.6 billion in<br \/>\n2013.<br \/>\n\u201cWe further observe that the total Capital Expenditure proposal of N4<br \/>\nbillion for 2014 is about 23 per cent reduced from N5.2 billion approved<br \/>\nin 2013,\u201d Nnaji said.<br \/>\nNnaji urged the ministry to enlighten the committee on how it would<br \/>\nutilise this fund to properly execute its programmes and policies.<br \/>\nHe gave the assurance that the committee would assist the ministry in<br \/>\nwhatever way it could.(NAN)<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Abuja &#8211;\u00a0 The Minister of Works, Mr Mike Onolememen, said on Tuesday in Abuja that N117 billion will be spent to construct the second Niger Bridge. Onolememen made this known&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":23395,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-23394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Second Niger Bridge To Gulp N117 Billion  - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/second-niger-bridge-to-gulp-n117-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Second Niger Bridge To Gulp N117 Billion  - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Abuja &#8211;\u00a0 The Minister of Works, Mr Mike Onolememen, said on Tuesday in Abuja that N117 billion will be spent to construct the second Niger Bridge. 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