Nigeria needs $2.3 trillion to address infrastructure deficit – Federal Government.
Written by crest887fm 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.