Emma Ujah, Abuja Bureau Chief
The Managing Director (MD) of the Nigeria Sovereign Investment Authority ( NSIA), Mr. Uche orji, yesterday, raised a fresh hope of the completion of the multi-billion Naira Second Niger Bridge linking Asaba and Onitsha in Delta and Anambra States, respectively.
Briefing the press in Abuja, he admitted that some time was lost to transition in government but that the contractors had been mobilized to return to site, with assurances of accelerated work, especially with a new financing structure being worked out.
Mr, Orji said, “The Second Niger bridge, I would say, went through a phase where there was a pause, as we went through a kind of transition from one government to another.
“We have reconciled most of the issues and we are now working to get back on course with funding. I think the contractors have been mobilized once again and so they will get back to work.
“There is a new financing strategy which is being discussed, which we are driving along with the Federal Ministry of Works. Once that is agreed, you will see a significant progress on that bridge in the next couple of years.
“We did lose time, while we were trying to complete the transaction process and there are people who are working this in the ministry. There was a bit of period of time loss but we are back on track.
“But the financing structure is changing and once this is approved, we will move faster.
“Are we still looking at the completion date of 2020. I think so. I will be able to give you a definitive answer in the next three months when the financing plan is approved.”