Government lashed for ’empty promises’ on infrastructure investment

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 77%

Nigeria News News

Government lashed for ’empty promises’ on infrastructure investment
Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The government’s planned R96 billion infrastructure expenditure programme has again been criticised because of its slow to non-existent implementation. Moneyweb Economy

The government’s planned R96 billion infrastructure expenditure programme has again been criticised because of its slow to non-existent implementation, despite President Cyril Ramaphosa emphasising in his State of the Nation Address that infrastructure is central to South Africa’s economic reconstruction and recovery.

He said the first of the two-stage procurement process is scheduled to close later this month, with the preferred bidder likely to be announced in September. Promises Despite the details on infrastructure projects provided by Ramaphosa, Industry Insight said that with a focus on infrastructure development, it is looking for guidance on where the country is heading in terms of infrastructure rollout programmes “promised over the years”.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Moneyweb /  🏆 5. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

𝚃𝚑𝚊𝚗𝚔 𝚢𝚘𝚞 TarellaCampbel 𝚏𝚘𝚛 𝚎𝚟𝚎𝚛𝚢𝚝𝚑𝚒𝚗𝚐 𝚢𝚘𝚞’𝚟𝚎 𝚍𝚘𝚗𝚎 𝚏𝚘𝚛 𝚖𝚎 𝚒𝚗 𝚛𝚎𝚐𝚊𝚛𝚍 𝚝𝚘 𝙸𝚗𝚟𝚎𝚜𝚝𝚒𝚗𝚐. 𝙸’𝚟𝚎 𝚋𝚎𝚎𝚗 𝚊𝚋𝚕𝚎 𝚝𝚘 𝚊𝚌𝚌𝚎𝚜𝚜 𝚏𝚒𝚗𝚊𝚗𝚌𝚒𝚊𝚕 𝚜𝚝𝚊𝚋𝚒𝚕𝚒𝚝𝚢. 𝙸’𝚟𝚎 𝚌𝚕𝚎𝚊𝚛 𝚖𝚢 𝚍𝚎𝚋𝚝𝚜 𝚒𝚗 𝟼𝚖𝚘𝚗𝚝𝚑𝚜

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines