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Home»Business»We’ll sustain massive investment on infrastructure – Buhari
Business

We’ll sustain massive investment on infrastructure – Buhari

The Eagle OnlineBy The Eagle OnlineNovember 5, 2018No Comments
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Muhammadu Buhari
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President Muhammadu Buhari on Monday reassured Nigerians that his administration would sustain massive investments to upgrade and develop the country’s transport and power infrastructure.
President Buhari gave this assurance when he received members of the Association of Retired Career Ambassadors of Nigeria led by Ambassador Oladapo Fafowora, at the State House, Abuja.
The President told the retired Ambassadors that Nigerians will never forget the ‘‘lost opportunity between 1999 and 2015,’’ when the nation had huge resources at its disposal.
He said: “There is no part of the country I haven’t been to, having attempted to be President four times.
“I know the condition of our roads. The rails were literally killed, there was no power despite the admittance of some previous leadership that they spent $16 billion on the sector.
“Today, we are getting our priorities right and we believe that of the three fundamental issues we campaigned on – security, the economy and fighting corruption – we have remained very relevant and Nigerians believe we have achieved something.”
He also used the occasion to appreciate the People’s Republic of China for financing some of the rail and power projects in the country through concessionary loans.
He said: “I will do my best to see that where there are possibilities of making a quick improvement on infrastructure, we will do it.”
Buhari also appealed to the organised labour to consider what this government inherited and the more it is doing with fewer resources in putting the economy right.
The President took note of some concerns raised by the retired Ambassadors.
The concerns include an appeal for the adjustment of their pension entitlements, retention of diplomatic passport for retired career ambassadors, allocation of land for ARCAN headquarters in Abuja and adequate funding of the Ministry of Foreign Affairs.

infrastructure investment Muhammadu Buhari Nigerians Oladapo Fafowora
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