Buhari has invested N2.5trn in infrastructure since 2015 — Adeosun

MARCH 19, 2018

By Emma Ujah, Abuja Bureau Chief & Emmanuel Elebeke .

The President Muhammadu Buhari administration has invested N2.5 trillion in infrastructure since coming into power in 2015, Minister of Finance, Mrs. Kemi Adeosun, disclosed this in an interview, weekend. Kemi Adeosun Asked what has changed in the economy since Buhari administration came into power, the minister said: “Overall, 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.” Asked why the current administration was owing subsidy on petrol, after it had earlier promised to remove subsidy on petroleum products, Adeosun said the petroleum products subsidy for which oil marketers had been clamouring was part of the debt inherited from the last administration. Her words: “The subsidy they are demanding is actually the subsidy arrears we inherited from the previous administration. We are not paying subsidy in the old sense, the way subsidy was paid oil marketers. “So, the subsidy they are clamouring for is what they were owed before the present administration came in. “But, we are negotiating with them and 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.”


https://www.vanguardngr.com/2018/03/buhari-invested-n2-5trn-infrastructure-since-2015-adeosun/

2.5 Trillion Naira with nothing to show for it.

What a useless President!

Can't wait for 2019.

what a country

What a country

Okay

obi4eze:
2.5 Trillion Naira with nothing to show for it.

What a useless President!

Can't wait for 2019.

Really?

https://www.nairaland.com/4371855/list-going-federal-highway-projects

50 % of it is inflated.

Haha Buhari/Adeosun has Channel the sum through Alpha Beta to unknown destination just like they do in Lagos!
Buhari is now a kwaroption champion!

A thread for brain dead zombies..

Abeg is it really in Nigeria that this project is being carried out or is there smting I'm not understanding

Another propaganda from APC government. Only people like Lai and allied zombies can behold the so called infrastructures.

It's visible to the blind and audible to the deaf. The change is enticing.

The worst governmenr in the history of Nigeria

No, i think Buhari invested N500 million trillion in infrastructure.

Why are you under-counting how much he spent in making Nigeria first class country with excellent infrastructure..

Invested in constructing CONCRETE POCKETS

obi4eze:
2.5 Trillion Naira with nothing to show for it.

What a useless President!

Can't wait for 2019.

u can't see those projects because of thier sizes...（lia muhamed 2017）

Don't tell us amount spent, show us project completed.

70% of the funds has been looted by Cabals ruling buhari vegetables.

Where?

Stupid afonjess learn to lie with sense

Where are these intrastate located and how come this expense never stimulated the economy in any way ..There is no way 2.5trillion will be spent on capita project that it turn up a growth signature on the economic index curve ...Abi was it spent sponsoring Fulani and Boko Haram terrorism? Liars

Yes that money was really invested in infrastructure. Thing is the infrastructure is toooooo huge for the eyes to see it.....liar mohammed

deji17:


Really?

https://www.nairaland.com/4371855/list-going-federal-highway-projects

Please stop spreading this you fake excel sheet to hoodwink people and besides all the projects you have shown including the Oweto bridge which was initiated and built to that level you have shown by the Jonathan administration are not up to 100 billion Naira and they have all stalled for a while as no contractor is on sight ...At least I happened to pass through one of the roads recently and nothing is happening there
.Deji take these your unholy lies else where please

PSTEMMA1960:
u can't see those projects because of thier sizes...（lia muhamed 2017）

FarahAideed:


Please stop spreading this you fake excel sheet to hoodwink people and besides all the projects you have shown including the Oweto bridge which was initiated and built to that level you have shown by the Jonathan administration are not up to 100 billion Naira and they have all stalled for a while as no contractor is on sight ...At least I happened to pass through one of the roads recently and nothing is happening there
.Deji take these your unholy lies else where please

Even pictures of ongoing work were taken during your GEJ time? Payment to contractors owed for work done some since 2011 were also paid by GEJ? Warri _ Itakpe standard gauge that has been under construction for many years but now due to adequate funding is nearing completion . Second Niger bridge budget release and ongoing work is also within the amount mentioned not to talk of numerous other projects. Lagos _ Ibadan standard rail project is on course and will soon be completed. On and on it goes. If you like deny any of these is taking place, it does not matter much.

deji17:


Really?

https://www.nairaland.com/4371855/list-going-federal-highway-projects

bros no vex, honestly can you tell us the source of power u used to charge your phone?

OK