FG to complete ongoing, abandoned projects —Fashola

THE Minister of Works and Housing, Mr. Babatunde Fashola, has reiterated the Federal Government’s commitment to completion of all ongoing and abandoned projects across the country.

He gave the assurance when the management team of the Federal Mortgage Bank of Nigeria (FMBN) paid him a courtesy visit in his office in Abuja.

Fashola said the policy direction of the present administration is the completion of all ongoing and abandoned projects.

The minister, who was responding to the remarks of the board chairman of FMBN, Dr. Adewale Adeeyo, on the uncompleted re-capitalisation of the bank, said the ministry would ensure that the process was completed.

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He said: “It is one of those areas of urgent focus by the president as a way of creating prosperity and enhancing the dignity of Nigerians”.

Fashola said  a lot could be jointly done by the ministry and the bank in the actualisation of the Next Level Agenda of President Muhammadu Buhari, assuring the bank of the ministry’s readiness to look at its ongoing projects with a view to completing them.

He tasked the bank to do more on publicity, observing that most Nigerians were currently not informed that the bank grants construction loans with more competitive interest rates than those offered by commercial banks.

Fashola said: “You must find a strategy of getting information across on platforms that people get information from and this include not only conventional platforms like television, newspaper and radio, but also markets, places where people gather; sports clubs, social clubs and so on. You must reach out.

“You must also engage the appropriate skill sets in getting this message out. The bank must also seek to reach the people at the bottom of the pyramid who also save money in their small businesses, in their small cooperatives,” he said.

Earlier, Dr.Adeeyo, who led the team of the top Mmagement of the bank on the visit, had solicited for the completion of the re-capitalization process of the bank.