Nigeria needs $3trn to bridge infrastructure gap – Speaker Abbas
Speaker of the House of Representatives, Tajudeen Abbas, has said Nigeria will require an investment of $3 trillion over the next 30 years to close the country’s infrastructure gap, particularly in road networks, power supply, housing, healthcare, and education. Speaking at the flag-off ceremony for the construction of an access road from Ring Road 1 […]
tajudddeen abbas
Speaker of the House of Representatives, Tajudeen Abbas, has said Nigeria will require an investment of $3 trillion over the next 30 years to close the country’s infrastructure gap, particularly in road networks, power supply, housing, healthcare, and education.
Speaking at the flag-off ceremony for the construction of an access road from Ring Road 1 to Judges’ Quarters in Katampe District of Abuja, the speaker, represented by his deputy, Benjamin Okezie Kalu, noted the growing infrastructure needs of the country.
He said the Federal Capital Territory (FCT) faces even greater challenges as its population grows by 5% annually, placing additional pressure on existing facilities.
Abbas commended President Bola Ahmed Tinubu’s administration for prioritising infrastructure development.
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He also assured that the National Assembly is committed to passing laws that would strengthen the governance of the FCT and approving appropriations that will enable meaningful infrastructure projects, such as the road construction underway, to become a reality.
The FCT minister, Barrister Nyesom Wike, expressed his gratitude to the National Assembly for its consistent support of the FCT Administration and its swift approval of FCT appropriation acts.
Wike further assured that the access road to the Judges’ Quarters, along with other internal roads, would be completed by May next year to mark President Tinubu’s second anniversary in office.
He also promised the contractor adequate funding to ensure timely completion of work.