The Deputy Minister of Roads and Highways-designate, Alhassan Sayibu Suhuyini, has initiated discussions with his proposal for pension funds to be utilised in the construction and financing of road infrastructure projects.
During his appearance before the Appointments Committee of Parliament on Wednesday, February 26, 2025, Suhuyini suggested that funds, specifically referring to SSNIT, could be redirected towards infrastructure projects.
According to him, pursuing such initiatives would be more beneficial to the state than investing in unprofitable endeavors that impose a burden on it. "Personally, I think we have to also begin to look at the investment portfolios of some of our pension fund management institutions.
For example, the report of SSNIT shows that they invest in luxurious hotels and other assets. "I wonder if moving forward, some of these funds can now be used to support this very critical infrastructure roads of the country and, just like we are talking about tolling, toll those roads over the years," he stated.
