{"id":87984,"date":"2021-11-03T09:58:37","date_gmt":"2021-11-03T08:58:37","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=87984"},"modified":"2021-11-03T09:58:37","modified_gmt":"2021-11-03T08:58:37","slug":"infrastructure-nigeria-needs-1-5trn-in-10-years-to-bridge-gap-buhari","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/infrastructure-nigeria-needs-1-5trn-in-10-years-to-bridge-gap-buhari\/","title":{"rendered":"Infrastructure: Nigeria Needs $1.5trn In 10 Years To Bridge Gap \u2013 Buhari"},"content":{"rendered":"
\n
President Muhammadu Buhari has said 1.5 trillion dollars is the cumulative estimated amount needed by Nigeria over a 10-year period, to achieve an appreciable level of the National Infrastructure Stock.<\/div>\n
\n
\nPresident Buhari gave the figure yesterday in Glasgow at a COP 26 high-level side event on improving global infrastructure hosted by President Joe Biden of the United States, EU Commission President, Von Der Leyen and the UK Prime Minister, Boris Johnson.<\/p>\n

\u2018\u2018Nigeria is ready for your investments in infrastructural development in the country.<\/p>\n

\u2018\u2018My administration has established a clear legal and regulatory framework for private financing of infrastructure to establish a standard process, especially on the monitoring and evaluation process.<\/p>\n

\u2018\u2018We look forward to working with you in this regard,\u2019\u2019 he told world leaders at the high-level meeting on the margins of the climate change conference.<\/p>\n

President Buhari in a statement by his media aide, Garba Shehu, also declared that his administration had taken infrastructure expansion in Nigeria seriously, conscious of the fact that new investments in critical sectors of the economy would aid lifting 100 million Nigerians from poverty by 2030.<\/p>\n

\u2018\u2018There is a nexus between infrastructural development and the overall economic development of a nation.<\/p>\n

” My administration identified this early enough as a major enabler of sustainable economic development and the realization of other continental and global development aspirations particularly the 2030 Agenda for Sustainable Development Goals.<\/p>\n

\u2018\u2018On my assumption of office in 2015, Nigeria faced a huge infrastructure deficit and the total National Infrastructure Stock was estimated at 35% of our Gross Domestic Product.<\/p>\n

\u2018\u2018In solving these problems, we embarked on a massive infrastructure expansion programme in the areas of Health care, Education, Transportation, Manufacturing, Energy, Housing, Agriculture, and Water Resources.<\/p>\n

<\/div>\n<\/div>\n<\/div>\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

President Muhammadu Buhari has said 1.5 trillion dollars is the cumulative estimated amount needed by Nigeria over a 10-year period, to achieve an appreciable level of the National Infrastructure Stock.…<\/p>\n","protected":false},"author":1,"featured_media":85938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-87984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nInfrastructure: Nigeria Needs $1.5trn In 10 Years To Bridge Gap \u2013 Buhari - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/infrastructure-nigeria-needs-1-5trn-in-10-years-to-bridge-gap-buhari\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Infrastructure: Nigeria Needs $1.5trn In 10 Years To Bridge Gap \u2013 Buhari - 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