Nigeria needs to spend $100 billion annually for infrastructure — Official

The Director General of the Budget Office, Ben Akabueze, says Nigeria needs a minimum of $100 billion annually to fix the infrastructural needs of the country.

Mr Akabueze said the funding must come from both government and private entities to meet the annual target of infrastructural investments.

He stated this on Wednesday during the induction of members-elect of the National Assembly in Abuja.

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