Construction of coastal routes can strengthen naira — Nigerian Govt

The Minister of Works, Dave Umahi, has said that the operation of coastal routes successful Nigeria has the imaginable to pull overseas concern and lend to a stronger naira.

Umahi gave the hint astatine the unveiling of the caller plan routes for the Lagos-Calabar Coastal Highway task connected Wednesday successful Lagos.

He said the government’s program to amended infrastructure is yet to purpose for an economical gyration successful Nigeria.

“We talked astir our economy, that it needs overseas investments.

“These roads are going to beryllium constructed with factual pavements, and it’s CPC+F, which means that determination is overseas concern that volition travel in, and this overseas concern volition fortify and stabilize the naira.

“I’m precise blessed that the President has directed maine to statesman the plan of 1 of the spurs linking this coastal route, and that is the Sokoto-Badagry, which was conceived by the President Shagari administration.

The curate besides addressed disapproval surrounding who gets recognition for processing the coastal routes successful Nigeria.

According to him, immoderate radical were upset that President Bola Tinubu was associated with the project, saying the disapproval is misplaced choler and a mode to onslaught Tinubu without knowing the bigger picture.

He argued that the project’s semipermanent benefits outweighed governmental squabbles, which, according to him, volition permission a affirmative interaction connected aboriginal generations.