A file photograph of Vice President Yemi Osinbajo.
The Muhammadu Buhari administration has an ongoing main street undertaking in all states throughout the nation.
The Vice President, Professor Yemi Osinbajo, acknowledged this whereas delivering a keynote tackle at a Christian gathering on Saturday in Lagos.
Outlining the contributions of the current administration in numerous sectors, he famous that the Federal Government’s interventions via the assorted reforms would yield better outcomes.
“Our focus in the last few years has been on investing in roads, rail, and power; we have a major road project going on in every state of the federation,” the vice chairman was quoted as saying in an announcement by his spokesperson, Laolu Akande.
He added, “Some of the road projects scheduled for substantial completion in 2020/2021 include the dualisation of Suleja-Minna Road, Ilorin-Jebba-Mokwa/Bokani Road, Nnewi-Oduma-Mpu (in Enugu)-Uburu (Ebonyi), Yenagoa-Okaki-Kolo-Nembe-Brass Road, Bodo-Bonny Road – with a bridge across the Opobo channel, the rehabilitation and expansion of Lagos-Badagry expressway and, of course, the Lagos-Ibadan expressway.”
Professor Osinbajo revealed that 19 different street initiatives measuring about 800 kilometres have been prioritised in 11 states throughout every of the six geo-political zones.
These initiatives, in line with him, might be achieved by 10 native corporations who’ve utilized to affix Dangote and NLNG within the Investment Tax Credit Scheme of the federal government which inspires personal sector investments in infrastructure.
The vice chairman additionally spoke in regards to the new Finance Act, saying it was the federal government’s fiscal response to the problems of restricted income sources and the necessity to enhance the enterprise atmosphere, particularly for small and medium companies.
“The Act has two main purposes with extremely beneficial effects on the Nigerian economy. It addresses the issue of domestic revenue mobilisation on which Nigeria has often paraded quite a low record.
“However, even while achieving this objective for the public sector, the Finance Act is calibrated to improve the ease of doing business in Nigeria and actively foster private sector growth,” he acknowledged.
The occasion had in attendance the President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, and the National Overseer of the Redeemed Christian Church of God (RCCG) in Nigeria, Pastor Joseph Obayemi, amongst others.
Pastor Obayemi delivered a welcome message whereas Dr Adesina counseled the current administration for the achievements recorded within the agricultural sector.
The AfDB president additionally famous that the efforts of the Federal Government have revolutionised agriculture within the nation.