M a r k e t N e w s

Nigeria: Govt to Start Work On 31 Major Roads Soon

Posted on : Saturday, 9th April 2016

Lagos — Vice President Yemi Osinbajo says the Federal Government will soon commence work on 31 major roads across the country in its drive to develop infrastructure and grow the economy.

 
The vice president stressed the need for collaboration among states of the federation in order to stimulate the economy, just as he attributed the country's economic woes to over-dependence on oil.
 
Osinbajo who spoke at the Economic Summit organised by Vintage Press, publishers of The Nation newspapers, said the Federal Government would prioritise infrastructural development to give a boost to the diversification drive of the federal government as over-dependence on oil had been the nation's undoing.
 
He said corruption had equally crippled the nation's economy but promised that the Muhammadu Buhari-led administration was poised to change the situation.
 
The summit had in attendance Governors Akinwunmi Ambode of Lagos State and Rochas Okorocha of Imo State, among others.

Source : allafrica.com
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