The Federal Ministry of Transportation has signed a Memorandum of Understanding with Japan to promote quality infrastructure development and harmonious relationship between Nigeria and Japan.
The Minister of State II for Power, Works and Housing, Suleiman Zarma, made this known on Wednesday when he paid a courtesy visit on the Governor Yahaya Bello of Kogi.
The Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, stated this in an interview programme on Express Radio in Kano on Tuesday
According to the minister, similar intervention will be provided to polytechnics and colleges of education as soon as the analyses of their needs’ assessment are over
Apollos explained that UBA is however supporting the sector through funding of state-of-the-art technology for the aircraft and provision of payment solutions in the 19 African countries where the bank has presence
The minister said that the country needed to invest an average of $25 billion (N4 trillion) per annum from 2014 to 2018 on infrastructure, compared with $10 billion (N1.6 trillion) the government currently spent