HIGHWAY DEVELOPMENT AND MANAGEMENT INITIATIVE(HDMI)

 *HIGHWAY DEVELOPMENT AND MANAGEMENT  INITIATIVE(HDMI)* 

*WATCH  THIS VIDEO TO KNOW SOME OF THE STRATEGIC PLANS OF HIS EXCELLENCY,  PRESIDENT  ASIWAJU BOLA AHMED TINUBU GCFR ON*

*ROAD INFRASTRUCTURE  REVOLUTION IN NIGERIA*

You may also need to know  that the HDMI is a Public Private Partnership (PPP) arrangement of Federal  Government designed to amongst others, bring order, accountability and profitable entrepreneurship to the operations, management and maintenance of Federal Highways. The emergent Concessionaires will recoup their investments through Toll and Non-Toll revenues as may be negotiated.

The Nigerian Government had passed into law the Infrastructure Concession Regulatory Commission (ICRC) Act. The Act engenders renewed hope in the quest for holistic infrastructural development through the use of alternative sources of financing. It provides the much-needed regulator in the Nigerian PPP space that will attract and enable the private sector to effectively partner with the public sector in the provision of critical  infrastructure through  a clear framework.  

Note also that Nigeria is currently at the conceptual stage of developing two major highway projects, namely: 

the Lagos – Abuja Super Highway, which provides a direct link from Lagos  to Abuja; and

the Lagos – Calabar coastal Highway that would open up the coastal communities of Nigeria, and this Renewed  Hope conceptualization has the potential for enhancing vistas  of opportunities in agriculture, tourism, shipping, industrialization and oil and gas.

The Hon. Minister of Works, *His Excellency, Sen. Engr.Nweze David  Umahi,CON* in furtherance of the policy direction of the Federal  Ministry of Works on road infrastructure  development and innovation is working  day and night and even on weekends to ensure that Nigerians get value for the massive investments of our dear President on road infrastructure. He believes that the new policy on road  infrastructure development can geometrically boost our economy, encourage  local manufacturing and entrepreneurship, encourage  education, enhance  solid mineral development, and create  job opportunities for Nigerians.

This video is a clip of the outing  of the Works  Minister  last Sunday when Julius Berger Nigeria Plc  handed  over the completed  2nd  Nigeria  bridge  to Federal  Government.

Source: Chief Press  Secretary  to the Hon. Minister of Works