Osinbajo says FG has Spent N8.9trn On Infrastructure In Six Years

25 Sep Osinbajo says FG has Spent N8.9trn On Infrastructure In Six Years

Vice President Yemi Osinbajo has said that at least N8.9trn has been expended on infrastructural development in Nigeria within the six years of Buhari’s administration.

He spoke in Uyo, Akwa Ibom state on Friday while inaugurating the 21 storey Smart Building constructed by Governor Udom Emmanuel’s administration in the state.

He said the building was complimentary to federal government plan on infrastructure and economic development.

“I acknowledge the achievements of Governor Udom Emmanuel in industrialization and infrastructure in the completion agenda of his administration.”

” The federal government on its own part has spent N8.9 trn in the past six years on infrastructure alone. What governor Udom Emmanuel is doing in Akwa Ibom state is complimenting the federal government’s effort on both infrastructure and economic development”

He declared Akwa Ibom state as the best in terms of infrastructure and economic development in both the South -South and South East regions of the country.

“I recall when governor Udom Emmanuel confided in me that he would build the tallest building in the South-South and South-East regions”

“The building will address the problem of accommodation complained by International oil companies. And without wasting time they should relocate their administrative headquarters to Uyo” he said

He said the building christened as “Dakkada Tower” would serve as a catalyst for the private sector to exploit various business opportunities in the state as it would also compliment government effort in improving the living standard of the people.

In his speech, Governor Emmanuel expressed excitement over completion of the project saying he was fulfilled on the project completion.

“The excuse by International Oil Companies ( IOC’s ) that there are no office accommodations in Akwa Ibom for them to relocate has come to an end today by the commissioning of this building”

He appreciated the contractor, VKS, a Turkish firm for cooperation in procurement of materials and technology transfer which helped in the speedy completion of the project.