-
Nigerians may have reservations on President Buhari administration, but the outgoing President is quite proud of his achievements.
-
According to the President, he brags about his improvement on the infrastructure of the country during his eight years of service.
-
He revealed this on his verified Twitter handle.
EKO HOT BLOG reports that with just 48 hours remaining until the inauguration of the incoming administration, President Muhammadu Buhari has asserted that his eight-year tenure has seen a significant doubling of Nigeria’s infrastructure, according to a statement shared on his verified Twitter handle.
President Buhari emphasized that Nigeria’s stock of infrastructure relative to the Gross Domestic Product (GDP) has grown substantially by 20% under his leadership.
EDITOR’S PICKS
-
FG Declares May 29 Work-Free Day For Tinubu, Shettima’s Inauguration
-
PHOTOS: Buhari Takes Tinubu On Tour Of Presidential Villa Ahead Of May 29 Inauguration
He highlighted the crucial role of investing in infrastructure, stating that without such investments, the path to poverty eradication becomes considerably more challenging.
Furthermore, President Buhari argued that Nigeria’s rising debt profile should be assessed in relation to the country’s increasing assets and investment portfolios. He pointed out that the impressive growth in infrastructure has occurred during a period characterized by plunging oil prices, recession, and global economic downturns.
“In eight years, I am proud to say that we have doubled Nigeria’s stock of infrastructure to GDP from about 20% to over 40%, and that is no small undertaking,” President Buhari stated.
The President acknowledged the immense challenges faced during his tenure, including the unprecedented decline in global oil prices, an unanticipated recession, the impact of the COVID-19 pandemic, and ongoing global conflicts. Despite these obstacles, the administration managed to achieve remarkable infrastructure growth.
The importance of investing in infrastructure development has been a key focus of President Buhari’s tenure. The administration recognizes that robust infrastructure is a vital foundation for economic growth, job creation, and improved quality of life for Nigerians. Over the past eight years, significant efforts have been made to address critical infrastructure needs across various sectors, including transportation, power, healthcare, and education.
President Buhari’s administration has undertaken numerous infrastructure projects aimed at enhancing connectivity, promoting regional integration, and fostering economic development. These initiatives include the construction and rehabilitation of roads, railways, airports, seaports, and power generation plants.
As President Buhari prepares to hand over the reins of leadership on May 29, 2023, to the incoming administration led by Bola Ahmed Tinubu, he expressed his satisfaction with the accomplishments in infrastructure development. The President’s assertion of doubling Nigeria’s infrastructure within his tenure highlights the government’s commitment to addressing the country’s infrastructure deficit and paving the way for sustainable development.
FURTHER READING
-
Lagos Island Residents Cheer As Sanwo-Olu Commissions Dualised Roads
-
Buhari Confers GCFR, GCON Titles On Tinubu, Shettima
-
Net-Zero Emissions: Lagos Convenes Strategic Meeting On Adoption Of Solar Renewables
The impact and legacy of President Buhari’s infrastructure initiatives will be closely observed by Nigerians and the international community, as they play a crucial role in shaping the nation’s future socio-economic landscape.
Click to watch our video of the week:
Discover more from EkoHotBlog
Subscribe to get the latest posts to your email.
Advertise or Publish a Story on EkoHot Blog:
Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.
Citizen journalists will receive a token as data incentive.
Call or Whatsapp: 0803 561 7233, 0703 414 5611