The immediate past Minister of Power, Works and Housing, Babatunde Fashola, has attributed the dragging pace in infrastructural development across the country to inadequate funding.
Fashola who is a ministerial nominee, disclosed this while highlighting his achievements in the ministry during his screening in plenary.
According to him, there is no state where Federal Government is not executing at least one project.
Responding to questions on why some key roads have not been rehabilitated, Fashola said the resources are not enough to take care of the expenditures.
He added that lack of enough funds forced the ministry to prioritize some roads/projects over others.
Answering questions on power, Fashola noted since states are empowered by the law to generate and distribute power, the ministry of power ceased to be a major player in the sector, saying, the ministry only deal with regulatory issues.
Speaking on procurement, Fashola said the nation’s procurement law is not compatible with the speed which Nigerians want projects to be executed, lamenting that the law needs urgent amendments.
He however advised lawmakers to collectively adopt priority projects to ensure swift delivery.