From Babaginda’s SAP, to Obasanjo’s NEEDS, to Yar’Adua’s Seven-Point
Agenda, and now, Jonathan’s Transformation Agenda, the Nigerian
landscape is well filled with uncompleted and abandoned projects worth
trillions, and I mean trillions of Naira going down the drain.
It
is no longer news that according to the Presidential Projects
Assessment Committee (PPAC) set up by President Goodluck Jonathan to
look into cases of abandoned Federal Government projects on submitting
its report, identified 11,886 of such ongoing or abandoned Federal
Government projects all over the country. The committee also estimated
the abandoned projects to be worth over N7 trillion. If projects planned
and abandoned by State Governments were to be added to this list, the
figure would be considerably much higher. And given that there is an
alarming rate of abandoned projects in the country every year, the
recorded figures therefore represents an incomplete estimate.
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