The Federal Government has set aside $1.3bn (about N468bn) from the National Sovereign Investment Fund to finance five critical infrastructure projects.

The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this on Sunday when he appeared as guest on a Nigerian Television Authority programme, “Stepping Up”.

The minister said the five ongoing projects to benefit from the funds included the Lagos-Ibadan Expressway construction, the second Niger bridge and the East-West road construction.

The other two are the Abuja-Kano Expressway construction and the Mambilla power project.

Source and more:
FG to Spend $1.3bn for Lagos-Ibadan Expressway and four other projects http://www.sanwomi.com/2018/09/fg-to-spend-13bn-for-lagos-ibadan.html