Nigeria needs $2.3 trillion to address infrastructure deficit – Federal Government.

Written by on July 30, 2021

The Federal Government has said that the country need $2.3tn to address for its national integrated infrastructure masterplan.

Secretary to the Government of the Federation, Boss Mustapha, said this in Abuja on Thursday at a town hall meeting themed: ‘Nigeria’s infrastructure revolution: Road to a new future’, organised by Business Hallmark.

According to him, the 23-year masterplan (2020-2043) is for the development of infrastructure including roads, railway network and maritime sector.

The event was chaired by a former national chairman of the All Progressives Congress and former governor of Edo State, Chief John Odigie-Oyegun.

Mustapha said, “Conscious of the economic disruption caused by 2016 recession and COVID-19 as well as challenges of previous reforms, the Federal Government revised the 23 year (2020-2043) national integrated infrastructure masterplan that identified critical enablers.

Credit: Punch


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