Politics
Wike Highlights Key Challenges Encountered As Minister Of The FCT
Wike Highlights Key Challenges Encountered As Minister Of The FCTNyesom Wike, the Minister of the Federal Capital Territory, has expressed regret that the current procurement law is obstructing the timely implementation of projects. He made this statement during the kickoff event for the comprehensive development of Arterial Road N5 (Obafemi Awolowo Way) from the Life Camp Junction to Ring Road III in Abuja.....KINDLY READ THE FULL STORY HERE▶
Wike emphasized that amending the procurement law could eliminate bureaucratic hurdles that delay project execution in the nation’s capital.
He stated, “One of our significant challenges is the procurement law. While its purpose is to safeguard our funds, it ultimately holds us back.” He pointed out that some procurement processes can take nearly four months for approval.
Reflecting on his previous experience as governor, Wike mentioned, “We had to amend similar laws back then. We established a policy where we would pay 70 percent for every job completed with Julius Berger. This approach enabled us to construct 12 flyovers within four years.”
Wike also expressed gratitude to President Tinubu for his support in facilitating capital project execution as the FCT Minister.
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