FG Affirms PPP as Feasible Option for Projects Execution

• We won’t mortgage future of Nigeria in favour of concessionaires- Minister

The Federal Government has declared that it won’t mortgage the country by signing agreements that tend to favour concessionaires, notwithstanding its resolve to adopt Public Private Partnership, (PPP), mode as a feasible option for projects execution.

Minister of State for Works, Barrister Bello Mohammed Goronyo made declaration at the Nigeria Public-Private Partnership, (PPP), Summit 2025, with theme: “Role of Public-Private Partnerships in Delivering the Renewed Hope Agenda”, hosted by the Infrastructure Concession Regulatory Commission, (CRC) at the State House Banquet Hall and Congress Hall, Transcorp Hilton in Abuja.

The summit aim was to assemble policymakers, investors, and industry leaders to engage in insightful discussions about the evolving landscape of infrastructure in Nigeria and its global implications.

Goronyo, who represented the Federal Ministry of Works, which is a major stakeholder in the initiative at the Summit, emphasized on the perspective of his ministry on Highway Development and Management Initiative, (HDMI), and various concessions under PPP arrangements like the 227.2km Akwanga-Lafiya -keffi and the recently signed 127km Benin-Asaba

The Minister highlighted the commitment of the administration of President Ahmed Bola Tinubu to fix Nigeria’s infrastructural deficit, noting that Nigeria has over 200,000km of roads 35,000, km of which are of Federal.

He informed the participants at the Summit that the current government inherited over 2,600 projects, with a total worth of about 19 trillion, stressing that since the nation’s budget cannot fund these projects, there is a necessity for PPP as a feasible option.

Goronyo harped on the need for concessionaires to be open and transparent in their agreement, adding “we cannot in the name of PPP, mortgage our country by signing agreements that tend to favour concessionaires.”

The Minister expressed appreciation for President Tinubu for recognising infrastructure as key driver of economic growth and development.

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