Osinbajo: FG Spent N8.9trn on Infrastructure Devt in Six Years

Lauds Udom’s industrialisation agenda

The federal government has for the past six years sunk over N8.9 trillion in the infrastructural development of the country, the Vice President, Professor Yemi Osanbajo has said.

The Vice President disclosed this in Uyo, Akwa Ibom State capital while inaugurating a 21 storey building, the Dakkada Tower built by the administration of Governor Udom Emmanuel.

He also said that housing projects were very critical in creating jobs aside from providing shelter when he flagged-off a 557 low density luxury estate in Akwa Ibom State which was part of the activities to mark the state’s 34th anniversary. The Vice President congratulated Governor Emmanuel for initiating the project.

He said despite the severe economic crisis the country experienced, the federal government had invested more than any administration on infrastructure.

“As of last year we have expended over N8.9 trillion on infrastructure. Just last month the Federal Executive Council approved the Lagos-Calabar rail station which will pass through Uyo.

“The council approved a full business scale for the Ibom Deep Seaport. It was a very active demand from the governor of the state,” he said.

The Vice President observed that the infrastructure revolution in Akwa Ibom was to establish the state as a major industrial hub not only for Nigeria but the West Africa sub-region.

He recalled that Governor Emmanuel had in 2015 informed of the vision to construct the tallest building in the South-south and South-east region in the state.

“Today (Friday) I feel with joy and pride to witness the realisation of that dream to celebrate a commitment to excellence and vision represented in this 21 storey building.