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Wednesday, June 18, 2025

Tinubu reiterates commitment to fast-track approval for viable projects

Mr Tinubu made this known at the 2025 Nigeria Public-Private Partnership Summit on Tuesday in  Abuja.

• June 18, 2025
Image used to illustrate the story
Image used to illustrate the story

President Bola Tinubu reiterated on Tuesday the determination of his administration to expedite the approval of viable infrastructure projects in the country.

Mr Tinubu made this known at the 2025 Nigeria Public-Private Partnership Summit on Tuesday in  Abuja.

The president, therefore, urged private sector partners to be focused and more committed.

According to him, what matters to the average Nigerian is the availability of basic infrastructure such as power, roads, health facilities and quality schools.

He called for a strengthened public-private sector partnership that emphasises innovation, efficiency, commitment and integrity above mere capital and investments.

“We need more than investment. We need innovation, we need efficiency, and, above all, we need integrity. I urge you to look beyond the risks and recognise the immense opportunity to shape a nation that is not just rising but ready.

“The projects that emerge from this summit must not gather dust on paper or linger in bureaucratic limbo. We will fast-track approvals for viable projects. We will ensure coordination across ministries, departments, and agencies to enable swift implementation,” said Mr Tinubu.

The president added, “We do this because we know that what matters to the average Nigerian is not promises, but power in their homes, roads to their farms, access to clean water, modern hospitals, and quality schools. We must build. We must deliver. And we must do it together.”

He observed that a 21st-century economy cannot be built on 20th-century infrastructure, pointing out that the “old model of public-only infrastructure funding is no longer sustainable.

He reaffirmed that the administration was still fully committed to that very public-private partnership that is passionate about delivering sustainable and inclusive infrastructure.

The president urged participants to ensure the event is “remembered not for fine speeches, but for bankable projects, signed deals, and enduring progress.”

Interior minister Tunji Ojo commended the ICRC for championing game-changing projects across diverse sectors. He noted that with Mr Tinubu and Vice-President Kashim Shettima in the saddle, Nigeria is taking its rightful place in the comity of nations.

(NAN)

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