Wike Defends FCT Borrowing for Infrastructure Projects

Nyesom Wike, the Minister of the Federal Capital Territory (FCT), defended the administration's borrowing for infrastructure projects, stating that the critical issue is whether the funds improve residents' lives. His comments followed criticism from Senator Ireti Kingibe (Fct Fct) regarding alleged borrowings without National Assembly approval.

Kingibe questioned the legality of these borrowings, noting Wike had not sought Senate approval for a loan. In response, Deputy Spokesperson of the House of Representatives, Philip Agbese, stated that Wike had not violated any laws and had subjected the FCT Administration to legislative scrutiny.

During an inspection of ongoing road projects, Wike asserted that loans require legislative approval and emphasized the importance of deploying borrowed funds effectively. He expressed satisfaction with the contractors' progress on projects along the Wuye-Mbora road, Tungan Madaki to Zuba road, and Kagini, off the Old Keffi Road, and projected completion by December, describing it as a "Christmas gift" for residents.