N6.2tn budget amendment: FG’s infrastructure investment not enough — Minister

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Atiku Bagudu News

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Minister of Budget and National Planning, Atiku Bagudu, on Friday, stated that Nigeria has not invested adequately in infrastructural development. He attributed several recent problems faced by Nigerians to this under-investment in multi-dimensional infrastructure.

While speaking at the National Assembly during an interactive session with the Senate Committee on Appropriation, chaired by Senator Olamilekan Adeola, Bagudu stated the need for more robust infrastructure investment. Bagudu was invited to provide insight into the N6.2 trillion supplementary appropriation approval for the 2024 budget, as requested by President Bola Tinubu. In response, Bagudu praised President Tinubu for his political will in addressing the infrastructure deficit by seeking ₦3.

Responding to concerns from committee members about the state of other deteriorating roads and uncompleted projects in their constituencies, Bagudu assured that the federal government has not abandoned any ongoing projects. He clarified that the government is not prioritizing new projects at the expense of existing ones and assured that the Federal Executive Council will continue to consider and approve funding for other roads as resources become available.

 

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