FG has invested N2.5trn in infrastructure since 2015 - Adeosun
- The sum of N2.5 trillion has been invested in infrastructure by the Buhari-led government since coming into power in 2015
- The minister of finance, Kemi Adeosun said work is on-going on roads, power, bridges and other areas around the country
The federal government has invested N2.5 trillion in infrastructure since coming into power in 2015. This was disclosed by the minister of finance, Kemi Adeosun, in an interview this past weekend, Vanguard reports.
Her words: “Focus has been to invest massively in infrastructure to make sure we get the economy growing. So far, we have pumped in over N2.5 trillion in infrastructure, especially on capital projects, between 2015 and 2017.
“If you move round the country, you will see work is on-going on roads, power, bridges and other areas. These are really important building blocks for the Nigerian economy.
“For us to really become competitive, we have to have good transportation links. It is very important for the movement of goods across the country efficiently and readily. Look at the road sector, when we came in, it was N90 billion that was invested in the sector in 2015. And in 2016, we invested N304 billion on roads.
“So, there has been a new step, which is changing our capital projects. This is the foundation we have identified with more opportunities. All this opportunities are not limited to oil, but spread across the nation. That is why you see projects spread across the nation. For me, that has been one of the biggest changes.
“We have to also make sure the focus remains on our capital projects. That is really our priority. But then, they are clamouring for government to give them attention and pay them subsidy arrears owed them before we came on board."
Meanwhile, the federal government says it has generated about 64,000 jobs across the nation through the 2016 National Housing Programme.
This was disclosed by the minister of works, power and housing, Babatunde Fashola, during an inspection tour of the site of Federal Housing Programme for Osun state on Wednesday, February 28.
According to the minister, the present administration has succeeded in reducing unemployment across the nation by injecting over 2,000 housing units in the country.
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Source: Legit.ng