Adesina says Buhari will complete projects in southeast region before 2023

Adesina says Buhari will complete projects in southeast region before 2023

- A presidential aide, Femi Adesina, expresses the confidence that President Muhammadu Buhari would complete ongoing projects in the southeast region before the expiration of his tenure in 2023

- Adesina says several ongoing federal projects in the five south-eastern states are at different stages of completion

- The presidential aide discloses that the ongoing projects in the southeast are being funded from budgetary allocations and the presidential infrastructure development fund

A presidential aide, Femi Adesina, has assured the people of the southeast that President Muhammadu Buhari would complete the ongoing legacy projects in the region before the expiration of his tenure in 2023.

Adesina gave the assurance on Thursday, March 5, when some journalists paid him a visit at the statehouse in Abuja, The Nation reports.

Buhari’ll deliver S’East legacy projects before 2023 – Adesina
Adesina says several ongoing federal projects in the five south-eastern states are at different stages of completion
Source: UGC

The presidential spokesperson said several ongoing federal projects in the five south-eastern states of Abia, Anambra, Ebonyi, Enugu and Imo were at different stages of completion.

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He said the ongoing projects in the southeast were being funded from budgetary allocations, the Sukuk Bond and the presidential infrastructure development fund.

Meanwhile, following Nigeria's re-emergence as Africa’s biggest economy, the All Progressives Congress (APC) on Wednesday, March 4, said the nation’s new rank was not a fluke but a product of President Muhammadu Buhari's administration's deliberate practices and policies.

Mallam Lanre Issa-Onilu, the national publicity secretary of the party in a statement said Nigeria's new economic status was a rewarding and fitting economic scorecard of President Buhari’s administration.

Nonetheless, the ruling party, bemoaned that despite the efforts of President Buhari's administration to recondition Nigeria's economy, the opposition Peoples Democratic Party (PDP) has made efforts to slow down the country's progress.

He said: “Since the Nigerian economy exited recession in 2017, the country’s economic growth has not been a fluke but a result of deliberate practices and policies of the President Buhari administration that has increased transparency in governance, diversification of the economy away from oil, improved fiscal management, and a healthy protectionist approach which has aided the growth and increased the capacity of domestic producers and in turn created jobs.

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In another report, in a bid to resolve economic problems that some analysts believe has impeded the growth of the country, the Nigerian government has secured a loan of N805,649,243,216 ($2.2 billion) from the World Bank.

According to Bloomberg, the loan was approved for six projects to support human capital and economic development in Nigeria this year.

Shubham Chaudhuri, World Bank’s country director for Nigeria in a statement said: “World Bank is ramping up its support to Nigeria in its efforts to lift 100 million Nigerians out of poverty.”

The statement further went on to note that the money would be spent on the following; immunization, expansion of the digital economy, job creation, and public and private sector governance.

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Meanwhile, a disagreement broke out at the floor of the Nigerian Senate on Thursday, March 5, after deliberations on the $22 billion external borrowing request by President Muhammadu Buhari commenced, Premium Times reports. Clifford Ordia, the chairman of the committee who read out the report, suggested that the lawmakers approve the foreign loan request.

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However, the decision to deliberate behind closed doors sparked a back and forth argument for over half an hour between lawmakers and the Senate president, Ahmed Lawan.

100 days after, what has President Buhari achieved? | Legit TV

Source: Legit.ng

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