The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has stated that ongoing road projects in Abuja would significantly enhance the city’s economy.
The announcement was made on Thursday during the flagging-off ceremony of the construction of Collector Road CN2 (Emmanuel I. Ogala Street) from Arterial N16 (Yemi Osinbajo Way) to N20 (Wole Soyinka Way).
The project also includes the development of Road ILS 5 within Katampe District.
Advertisement
Speaking at the event, Wike emphasised the importance of linking new projects to existing infrastructure to maximise benefits.
“Today, we also had to flag off another very important project that will lead to the opening up of the Gishiri area,” he said.
“Recall that sometimes in June this year, the President came and commissioned that interchange and dualization of road that leads to Girishi.”
He commended the construction company, CGC (China Gezhouba Group Company), for their dedication and confidence in the government.
He noted, “I want to commend CGC for what they are doing, for the confidence in the government of Mr President knowing fully well that it is for the interest of the people, residents, and for our economic interest as well in Abuja.”
The minister highlighted the anticipated economic impact of the road project on local properties, saying, “I can imagine when this road is completed and inaugurated in the third year of Mr President, look at the properties here and what will happen.
“I’m sure somebody’s property in the area will be like, something has to be done. If the property here was N200, N300 million, in the next one month, they will go to N700 million to N1 billion.
“That’s what good administration is, that’s the whole essence of making the economy thrive.”
