The Minister of Transport, Rotimi Amaechi, has revealed that in the bid to achieve Nigeria’s goal of maintaining public infrastructure, there is a need to adopt strict codes against violating compliance.
The Minister disclosed this in a social media statement at the virtual World Facilities Management Day 2021 Policy Dialogue, with some members of the private sector.
“I stated that in Nigeria and all of Africa, we must learn to maintain public infrastructure, and there must be consequences for violations,” he said.
“You can’t separate maintenance from organisation, law and order. There must be consequences when things fail,” he added.
In case you missed it
The Federal Government announced plans to set up a $39 billion infrastructure fund last year and the CBN has reportedly appointed KPMG LLP as transaction adviser for its newly set up infrastructure fund.
What you should know
The Debt Management Office also urged that infrastructure projects funded with debts raised by the Federal Government must generate enough revenue to service the debts.