• June 15, 2021

President Muhammadu Buhari’s Scorecard In Six Years, According To The Presidency (1)


=== (AGENDAWATCHDOG)  === As the President Muhammadu Buahri-led administration marks its sixth-year in office, the Presidency has proceeded to reel out what it describes as the administration’s “milestone” achievements.

Femi Adesina, the Special Adviser to the President on Media and Publicity, speaking via a statement issued to mark the anniversary,  cited critical areas ranging from infrastructure, anti-corruption, human capital development, finance, education, healthcare, sports, housing, oil and gas, foreign relations, and many others, as sectors the Administration is recording giant strides, enough to make Nigerians proud.

Below is a list of President Buhari’s achievements in the last six years, According To Femi Adesina. Others will be subsequently published on this platform:

INFRASTRUCTURE

 -Presidential approval, in 2020, for the establishment of InfraCo Plc, a world class infrastructure development vehicle, wholly focused on Nigeria, with combined debt and equity take-off capital of N15 trillion, and managed by an independent infrastructure fund manager.

 – Establishment in 2020 of the Presidential Infrastructure Development Fund (PIDF), with more than $1 Billion in funding so far.

 – The Nigerian Sovereign Investment Authority (NSIA) has seen total additional inflows from the Government of around US$2 billion under the Buhari Administration – since the original US$1 billion which the Fund kicked off with in 2012.

 – Launch of the Nigeria Innovation Fund, by the NSIA, to address investment opportunities in the domestic technology sector: data networking, datacenters, software, Agri-tech, Bio-tech, etc.

 RAIL

 – 156km Lagos-Ibadan Standard Gauge Rail nearing completion

 – 327km Itakpe-Warri Standard Gauge Rail completed and commissioned 33 years after construction began.

– Abuja Light Rail completed in 2018.

– Ground-breaking done for construction of Kano-Maradi Standard Gauge Rail, and revamp of Port-Harcourt-Maiduguri Narrow Gauge Rail.

– Financing negotiations ongoing for Ibadan-Kano Standard Gauge Rail project

ROADS

– Presidential Infrastructure Development Fund (PIDF), investing over a billion dollars in three flagship projects: Lagos-Ibadan Expressway, Second Niger Bridge, Abuja-Kaduna-Zaria-Kano Expressway.

– Executive Order 7 mobilizing private investment into the development of key roads and bridges like Bodo-Bonny in Rivers and Apapa-Oshodi-Oworonshoki-Ojota in Lagos

– Highway Development and Management Initiative (HDMI), a public-private partnership program to mobilise, in its first Phase, over a Trillion Naira in private investment into the development and maintenance of 12 Roads, amounting to 1,963km in length. 

– More than 360 billion Naira worth of Sukuk Bonds raised since 2017 for dozens of critical road projects across all six geopolitical zones.

TO Be Continued


Agenda Watchdog

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