ACTING President, Professor Yemi Osinbajo, SAN, has called for more private sector investment in development of infrastructure in Nigeria, saying government alone could not address the huge infrastructure needs of the country.
Osinbajo, who spoke today in Abuja at the Africa Finance Corporation (AFC) conference on infrastructure noted that the major obstacle to accelerated development of the African continent, was the huge infrastructure deficit because inadequate investment in the critical sector.
He also said the current administration of President Muhammadu Buhari, has taken bold steps to address this challenge but insisted that the private sector remained key to the actualisation of this objective.
Minister of Finance, Mrs Kemi Adeosun, who also spoke at the occasion, said the current administration has released about N1.2 trillion in the last 12 months for capital projects in line with the commitment of the government to infrastructure developmen
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