The Presidency on Tuesday, said a total of $35bn is needed yearly, to cover the country’s infrastructure expenditure for the next 16 years. This was revealed on Tuesday in a statement titled ‘WHAT THE RENEWED HOPE INFRASTRUCTURE FUND MEANS’ by the Special Adviser to the President on Information & Strategy, Bayo Onanuga. According to the statement, the funds, $35bn yearly, will cover infrastructure expenditure from 2024 up till 2040. The statement also explained the nitty-gritty behind President Bola Tinubu’s Renewed Hope Infrastructure Funds. See Full Statement Below: STATE HOUSE EXPLAINER:…
Read MoreNigeria’s Infrastructure Gap Needs $35bn Yearly Budget To Fix – Onanuga
