In any given clime across the global community, capital projects are invariably what well meaning citizens clamour for whenever a call to usher in good governance is raised in the public sphere.
This is so, because, it is only by establishment of such projects as good road network, creation of portable water, sound health and education systems, that the governed could feel the impact of the government.
This is the sole reason the ratio between the capital and recurrent expenditures of the annual budget of a particular nation for a certain fiscal year often tends to favour the former to the detriment of the latter. It suffices to enthuse that it has become unarguable that capital expenditures usually benefit virtually the entire occupants of the concerned clime compared to recurrent expenditures.
In view of these facts, successive governments all over the world that truly mean well for the governed have overtime made frantic and genuine efforts to initiate capital projects that would stand the test of time. Those who actualize this quest invariably succeed in writing their names in bold and gold.
In this part of the world, particularly Nigeria, issues pertaining to governance seem to be given a different attention and interpretation by the relevant authorities. We have hitherto observed a prevalent situation whereby a certain prospective government would rigorously embark on election campaigns with the mantra to treat capital projects as priority, but would abruptly sound differently the moment it assumed duty.
This uncalled nonchalant attitude of governments at all levels has continued unabated under our nose as if the people are a set of imbeciles. Sometimes when asked for clarification by the affected citizens, the enquiry would be regarded as unimportant by the failing government.
The President Muhammadu Buhari administration is perhaps poised to address these anomalies. This assertion is not unconnected with the gesture made by the government penultimate month, precisely Thursday, 10th January 2019.
The Federal Government (FG), on the aforesaid date, approved the sum of N100 billion for the Federal Ministry of Works, out of the proceeds of the Sovereign Sukuk fund, to finance critical road infrastructure across the country. The fund would reportedly be for the construction and rehabilitation of twenty-eight (28) key economic road networks as earlier captured in the 2018 budget.
The FG disclosed that the road projects are located in the six geo-political zones of the country with each zone having a total allocation of N16.67bn. This signifies that the capital projects are evenly distributed among the entire regions.
Speaking at the presentation of symbolic cheque to the concerned ministry, the Minister of Finance, Mrs. Zainab Ahmed noted that “the funds will be released to the Federal Ministry of Power, Works and Housing based on the framework agreed with the Trustees in order to ensure transparency and accountability in the use of proceeds.”
She added that “the Sukuk funding option is part of the initiatives of the government to diversify government funding sources, while also deepening the Nigerian capital market, mobilizing more savings and promoting financial inclusion.” The roads to be funded “will ease commuting, spur economic activities across the country and further close our infrastructural gap.”
In his response, the Minister of Power, Works and Housing, Mr. Babatunde Fashola stated thus, “roads are coming, those are assets that would enable business that would enable transport, movement of goods and services and assets that will last 25, 30 to 40 years. “This is a good investment to make. So, for those who asked why are we borrowing, we are borrowing to build at today’s prices assets that will last us for another 30 years.”
He further stated “it will be more expensive to build but more importantly where is the money going. As soon as I collect this cheque, I am going to give it to the contractors. But even, they can’t keep it; they have to give it to their suppliers because they need aggregates, they need materials and labourers but they first need suppliers.”
This administration he said “is committed to follow the part of greatness, build the foundation for tomorrow by investing in infrastructure. It means that for example, we have to raise money and I am very happy to learn that over 1,876 investors are already doing business because Buhari government decides to build. That is how to build an economy.”
As Nigerians rejoice over this development, it’s imperative to bring some pertinent factors to the knowledge of the Works Ministry. Considering that initiating a certain project is quite different from completing it, the said authority needs to take into cognizance the key steps needed to be followed towards arriving at the anticipated destination.
The contracts are required to be awarded to corporate bodies of proven background and antecedents. Hence, no compromise should be reached for whatever reason. The contracts ought to be implemented in line with the country’s Public Procurement Act, thus a levelling playing ground should be provided among the prospective construction companies. The memo for the proposed contracts should be made public to enable any interested firm apply for the job.
When eventually awarded, the benefitting residents or communities should be properly made to comprehend the profile of the firms handling the respective projects with a view to making them able to alert/contact the relevant agencies whenever they observe any prank or foul play. The beneficiaries must be a stakeholder in the overall implementation of the projects.
As regards adequate monitoring, viable mobile teams comprising reliable personnel ought to be constituted by the concerned authority. This would enable a regular supervision as the work progresses. Similarly, the contractors must be mandated to complete the projects within a given time frame, else, should be made to face sanctions.
Inter alia, the ministry should endeavour to award virtually all the contracts to indigenous firms towards boosting our local content. So, they are expected to be awarded in accordance with the Executive Order 5 recently signed by President Buhari. This measure would equally enable us to ascertain the actual history of each of the companies involved.
We are meant to acknowledge that initiating a capital project by the government is the wish of the governed, but ensuring their completion remains their greatest desire. Think about it!
Comrade Nwaozor, Tech Expert, Policy Analyst & Rights Activist
and National Coordinator of Right Thinkers Movement, writes via
frednwaozor@gmail.com
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