By Chris Ochayi
ABUJA—The Federal Government, yesterday, reiterated its commitment to apply zero tolerance for corruption in the construction of vital infrastructure, so such projects could contribute to poverty reduction, job creation and equity in the society.
Minister of Budget and National Planning, Senator Udoma Udo Udoma, who stated this yesterday, while declaring open the 2016 National Project Cost Reduction summit organised by the Quantity Surveyors Registration Board of Nigeria, QSRBN, in Abuja, vowed that the present administration would adopt appropriate cost control tools in execution of the 2016 budget.
The theme of the two-day summit is “Good Governance, Value-for-Money and Sustainable National Development.”
Senator Udoma noted that the pertinent issue before the summit was how proper costing of projects for the budget and development plan could be done to ensure value for money and prudent management of available resources.
The minister, who was represented by the Minister of State, Budget and National Planning, Hajia Zainab Ahmed, said: “The need to move in this direction has become inevitable in view of current fiscal constraint arising from fall in the price of oil and government revenues.
“In the deliverance of good governance, proper project conception and implementation are germane.
‘’For instance, it is when the government provides essential facilities/ infrastructure, such as good roads, electricity, health care facilities, well equipped educational institutions e.t.c, that the desired improved living standard can be realized.”