Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN, on Saturday, disclosed what the President Muhammadu Buhari-led Federal Government needs to address the country’s infrastructural deficit.


Emefiele disclosed that the Buhari-led Federal Government needs US$100 billion annually to address the nation’s infrastructure deficit.

The CBN governor disclosed this at the 30th Anniversary Conference and Awards of the Finance Correspondents Association of Nigeria (FICAN) in Lagos, NAN reports.

The News Agency of Nigeria (NAN) reports that the two-day conference has “Financing Infrastructure and SMEs for Inclusive Growth in Post-COVID-19 Economy”, as theme.

Represented by the Director of Corporate Communications Department of CBN, Mr Osita Nwanisobi, Emefiele said: ”In Nigeria, the current level of infrastructure deficit is a major constraint to economic development and attainment of growth average rate of at least five to seven per cent required to boost productivity and sustainable growth for businesses.

”According to the World Development Indicators (2019), 56.20 per cent of Nigerians have access to electricity, while electric power consumption stood at 144.52 kWh per capita as of 2018.

”While infrastructure deficit in Nigeria is estimated to be about 1.2 per cent of GDP, it is projected that the Federal Government needs to commit about US$100 billion annually to address the nation’s infrastructural deficit.”

https://dailypost.ng/2021/09/25/what-buhari-govt-needs-to-address-nigerias-infrastructure-deficit-emefiele/?

That's after almost 6 years as a president, people are still telling this government what to do.

O ma se oo

The should not forget to address the senselessness in their zombie supporters especially local Yoruba Muslims

Failure advising his boss Failure Pro max

Yobabad:
The should not forget to address the senselessness in their zombie supporters especially local Yoruba Muslims

when will you have sense Stoopidd boi

helinues:
That's after almost 6 years as a president, people are still telling this government what to do.

O ma se oo

wait!! is this helinues D zomBIE or..........

helinues:
That's after almost 6 years as a president, people are still telling this government what to do.

O ma se oo

Are you sure you wrote it yourself or someone compromised your phone. Too late to wail. The mark from a knife cut remain indelible!

Human government is a failure.

Lalasticlala.

Cook and bull story .

Meffy is a Bubu asslicker. Sanusi and Soludo beat this clown hands down.

The Nigerian problem is currently not solvable!

Problem no dey finish!

More of us are cursing themselves rather do otherwise!

Dis ones still dey do campaign after election

/
Why is he telling us?

They should kukuma give Bubu $100b/ year make all man rest.

/

People that supports the government is it that there's another Nigeria where 1$ = 1naira

This man called emefi-ole has destroyed the naira patapata, kai! the stooge should be removed asap! This is the worst performing cbn gov in the history of this contraption

What is this man saying exactly, keep deceiving gullible Nigerians.

I hear say na Holland Una wan go borrow from now. Buhari is a curse to Nigeria.

So Nija no get money to spare, yet the dullard is taking our money to Nigeria Republic?

All I can say is,

Funny

Okay

Yobabad:
The should not forget to address the senselessness in their zombie supporters especially local Yoruba Muslims

Never mind. Buhari will soon finish up ipob criminals and other undesirable elements in the south. Nnamdi Kanu is under lock and key, effectively decapitating ipob, while coward igboho is in the cooler.
God bless our dear native land of Nigeria and decimate her detractors.

Fail country

Emefiele dey para...

Sadly he knows this regime has dragged him down in terms of professionalism and career..

He is now battling a lost cause to redeem himself


.

This Buhari government is the only government that has done enough to meet up with our infrastructure deficit since independence.

This Government is the best thing that can ever happen to us in this country. It's a start of a new good things to come.

We shall get there

So you are not part of the FG officials?

You that have been grossly inefficient and cLueLess Buhari for reason best known to him have failed to sack you

In other words, Buhari needs to borrow more to balance the equation? Oya clap for yasef

iwaeda:


https://dailypost.ng/2021/09/25/what-buhari-govt-needs-to-address-nigerias-infrastructure-deficit-emefiele/?

Did PDP have this $100 billion annually? I ask because APC blame PDP for everything including even mosquito bites and headaches.

longetivity:
when will you have sense Stoopidd boi

o ti booo...he cant av it again

And to think mannabbgrills and NGpatriot were deceiving themselves yesterday about buhari's non existent infrastructure. If you ask them to provide the infrastructure, they start showing you train coaches.

May God not make us fools for the rest of our lives.

Failure of a CBN Governor.

Sanusi beats this flattie hands down.

The same 'Aboki' the ipob terrorist Eastern lot so love to hate, was the best CBN Governor till date.

This Biafran is the biggest failure in the bank's history