Tinubu inherits over N16tn uncompleted projects
The new President of Nigeria, Bola Tinubu, has officially inherited over N16.29tn uncompleted projects from his predecessor, Muhammadu Buhari, according to findings by The PUNCH. The projects were identified through the national monitoring and evaluation platform, EYEMARK, which was launched by Buhari in December last year. The former President noted that the Federal Government could no longer depend on its handful of monitoring and evaluation teams to oversee the vast number of infrastructure projects spread across the country. He said that given that his regime invested in infrastructure projects more than any other before, it was only fitting to create adequate avenues for close monitoring by citizens. He said this would close the existing gaps and promote citizens’ participation in governance. With EYEMARK, the former president said, “The status of projects, the total amount appropriated and dispensed so far are now available in the public space.” The national monitoring and evaluation platform, EYEMARK, showed that about 33 projects were yet to be completed. One such project is the Lagos-Ibadan Expressway, which reportedly costs about N315bn. This 126.6-kilometre road is said to be at 85 per cent completion.
Punch
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