Dr. Tajudeen Abbas, the Speaker of the House of Representatives, revealed that Nigeria requires an investment of $3 trillion over the next 30 years to address its significant infrastructural deficits.
The Speaker made the statement during the flag-off ceremony for the construction of an access road from Ring Road 1 to Judges’ Quarters in Abuja.
Abbas, represented by his Deputy, Benjamin Okezie Kalu, stressed the urgent need for improvement in key areas such as road networks, power supply, housing, healthcare, and education.
He noted that the infrastructure deficit is particularly pronounced in the Federal Capital Territory (FCT), where the population is growing at an annual rate of 5%, putting additional pressure on existing facilities.
He, however, commended the administration of President Bola Ahmed Tinubu for prioritising infrastructure development.
Abbas also assured that the House…
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