Buhari Reiterates FG’s Commitment to Infrastructure Revolution

Buhari Reiterates FG’s Commitment to Infrastructure Revolution

President Muhammad Buhari has reiterated the continuation of the federal government’s infrastructure revolution by approving the establishment of Infraco Plc, a world-class development vehicle wholly focused on Nigeria with a capital structure of N15 trillion.

Speaking in a national broadcast to commemorate the 2021 Democracy Day Saturday, the president said the establishment of the firm has culminated in the completion and commissioning of Itakpe-Warri standard gauge rail 33 years after construction began and the Lagos-Ibadan double track railway, which he commissioned Thursday, and has commenced operations.

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