NIGERIA’s President, MUHAMMADU BUHARI on Tuesday said 1.5 trillion dollars is the cumulative estimated amount needed by Nigeria over a ten-year period, to achieve an appreciable level of the National Infrastructure Stock.
According to a statement signed by presidential spokesperson GARBA SHEHU, President BUHARI gave the figure 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.
He added that Nigeria is ready for investments in infrastructural development across the country.
President BUHARI 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.