24 April, 2013 Business and Economy Citing a lean purse, and the pressure of time, the Federal Ministry of Works in Abuja, Wednesday, said they are shopping for N921.4 billion of the N1.39 trillion they need to complete 195 ongoing road projects across the country. The Minister of Works, Mike Onolememen, who briefed journalists after the weekly Federal Executive Council (FEC) meeting, said, if government were to depend solely on its annual budget, “it will take another eight years before the projects can be completed.” Mr. Onolememen, spoke alongside the Minister of Information, Labaran Maku, hinting at a plan of a loan to cover the shortfall. “To ensure timely completion of all the projects, a multilateral approach was under way as well as a Public Private Partnership (PPP) scheme that will add about 6,000 kilometers of road nationwide is being explored,” he said. The minister said in the past twelve...