• July 24, 2021

VP Osinbajo: Public-Private Partnership Is The Panacea To Nigeria’s Infrastructural Deficit

By Nkoli Opara (AGENDAWATCHDOG) – Vice President ,Yemi Osibanjo says that the country’s infrastructural deficits could only be solved through Public-Private Partnership arrangements.

Osibanjo disclosed this on Thursday at the virtual opening of a two-day retreat of the National Council on Privatisation & Commercialisation Act of 1999.

“The only way to effectively address the massive infrastructural deficit that the country faces is by Public-Private Partnership (PPP) arrangement in one form or the other,” Osinbajo said.

READ ALSO: Nigeria’s Future Is Very Bright, Despite Challenges, Says Osinbajo

The Vice-President also gave statistics from Nigerian Integrated Infrastructure Masterplan (NIIMP) and the Economic Recovery and Growth Plan (ERGP) 2017-2020 noting that “Nigeria will require at least $2.3 trillion over the next 30 years to bridge this gap.”

Agenda Watchdog

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