The Minister of the Federal Capital Territory, Nyesom Wike, has stated that President Bola Tinubu approaches public administration as a serious corporate enterprise that must achieve measurable results. This operational philosophy is credited with driving the current infrastructure expansion observed across the nation’s capital. Speaking during a comprehensive media interaction in Abuja, the Minister explained that the accelerated execution of multi-billion Naira engineering contracts was made possible through major financial structural reforms approved directly by the Presidency.
A central factor in this developmental phase was the decision to remove the Federal Capital Territory Administration from the Treasury Single Account framework. According to the leadership, the previous centralized accounting setup created bureaucratic bottlenecks that consistently delayed capital releases and project execution. Under the modified fiscal arrangement, the administration can now leverage its internally generated revenue as viable collateral to secure flexible commercial bank financing. This strategy has successfully restored the confidence of major construction firms, ensuring steady workflow on projects like the long-delayed Apo-Karshi road, which is now on track for completion by December.
Addressing urban management challenges resulting from these extensive expansions, the Minister maintained an uncompromising stance against illegal roadside trading, street markets, and unauthorized settlements. The administration emphasized that unlawful commercial activities will not be tolerated under the pretext of economic survival, as they deface public investments and disrupt urban master plans. To complement these physical clean-up campaigns, a specialized security task force has been deployed to clear street hoodlums from major traffic junctions, guaranteeing a structured, secure, and equitable environment across all regional area councils.
