Tinubu Commissions N21 billion Shettima’s Residence
President Bola Tinubu on Friday commissioned the N21 billion official residence of the vice president, Kashim Shettima, amid economic hardship.
It was reported in November that the National Assembly approved an additional N15 billion to construct the building, bringing the total cost of the project to N21 billion.
The government faced backlash over the construction because of the economic situation in the country.
Workers in the country are currently negotiating a new national minimum wage with the government. However, there seems to be an impasse as the unions have rejected the N60,000 offered by the government, a 100 per cent increase from the current N30,000.
The two main unions in the country, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), on Monday shut down economic activities for 48 hours over the minimum wage.
Explaining the high cost of the project at the commissioning on Friday, the FCT Minister, Nyesom Wike, said it was awarded at an initial cost of N7 billion in 2010. He said the building was constructed to a level and later abandoned.
“This project was awarded in 2010, 14 years ago, and was abandoned in 2015. It was not until January of this year that we had a revised budget for the project. Now, President Bola Ahmed Tinubu has come and within a year, he has made this project a reality. This is the hope.
“It was in January this year (2024), that we had to review the project to N21 billion, from N7 billion, that means an additional N14 billion.
“For a vice president’s residence to take 14 good years and then Mr President, within a year, made it a reality; this is what is called, renewed hope.
“I, therefore, went to the president and told him criminals had taken over the place and the president directed that I should make sure that the project is completed,” he said.
Vice President, Kashim Shettima representing President Bola Tinubu during the commissioning alongside Minister of the FCT, the Senate President and other officials
Vice President, Kashim Shettima representing President Bola Tinubu during the commissioning alongside Minister of the FCT, the Senate President and other officials
We’re committed to completing all inherited projects — Tinubu
In his speech, Mr Tinubu, who was represented by the Vice President, Kashim Shettima, said the completion of the project is part of his administration’s commitment to complete all inherited projects.
“As we commission this state-of-the-art edifice as the official residence of the vice president, we are fulfilling a longstanding commitment and reaffirming our unwavering dedication to accountability, transparency and efficient utilisation of resources for the betterment of our nation.
Vice President, Kashim Shettima representing President Bola Tinubu during the commissioning alongside Minister of the FCT, the Senate President and other officials
Vice President, Kashim Shettima representing President Bola Tinubu during the commissioning alongside Minister of the FCT, the Senate President and other officials
“I hold a very strong opinion that abandoning projects after substantial expenditure have been incurred is inherently wasteful, and it is in the best interest of the government and the public to see them through to completion. I therefore, once again, want to express my gratitude to the FCT Administration for taking up the responsibility and feel duty-bound to complete this project to avoid wastage of taxpayers’ money,” he said.
Underscoring the importance of the project, President Tinubu explained that “the provision of a suitable residence for the vice president is not merely a matter of convenience,” but also “a symbol of respect for the office and the individual who occupies it.”
“However, rather than dwell on past shortcomings, you have chosen to seize this opportunity to demonstrate our resolve to confront obstacles head-on and deliver on the promises made to the Nigerian people in line with our Renewed Hope Agenda, which has the completion of inherited projects as one of its cardinal objectives,” the president added.
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