FCT: I’m Afraid Of Variations In Costs Of Long Term Projects – Wike

Posted by Samuel on Thu 25th Sep, 2025 - tori.ng

He spoke during the flag-off of the construction of Arterial Road N20 (Solomon Lar way) from Road N5 (Obafemi Awolowo way) to the Airport Expressway (AEW).

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Thursday expressed concern over fluctuations in project costs, noting that long-term contract awards often lead to significant variations in expenses.

‎He spoke during the flag-off of the construction of Arterial Road N20 (Solomon Lar way) from Road N5 (Obafemi Awolowo way) to the Airport Expressway (AEW).

Wike said: “We require your cooperation and with your cooperation the company may finish this road before the time they were given.

“‎I’m always afraid when projects are awarded for two years, three years, I’m always afraid because I don’t like variation.

“‎We will sit down again to reconsider and make sure that the available funds are released so that you don’t give excuses. By the time this road is completed, this N20- starting from N5, of course, everybody will know.”

Wike also disclosed that the 16 days earmarked for the commissioning of projects has shown the level of jobs created for youths of the capital city.

“‎If we are using 16 days to flag off projects of different categories, guess the number of persons that are engaged in these projects. 16 days means 16 companies involved with these projects.

“‎I want to thank Mr. President and also want to thank the Area Council Chairman for their support, for their support to Mr. President and this administration, I urge you to continue,”
he added.

Popular Stories
Check Out Wierd Traditions Across Africa (Photos)
Meet the 37-year-old Woman Who Has Given Birth to 38 Children After Starting at Age 13 (Photos)
The Thrilling Story About Safinatu, President Buhari's First Wife (Photo)
How Ex-gov Akpabio Built N30b Hospital But Sought Medical Attention Abroad After Car Crash
Don Jazzy Reveals the Secret to Success and How He Built His Music Empire


Copyright © 2025 Tori.ng - All rights reserved
Tori.ng is owned and managed by Cyclofoss Technologies Ltd.