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Tinubu Unveils $2.2bn Infrastructure Push to Boost Power, Roads and Jobs

The President says the projects across key regions will strengthen productivity, create jobs and support inclusive economic growth.

President Tinubu addresses the nation on the new infrastructure programme. โ€” State House / Illustration

President Bola Tinubu on Thursday unveiled a $2.2bn infrastructure programme that the government says will strengthen power supply, rebuild major roads and expand rail across the country. Speaking in Abuja, the President said the projects are designed to lift productivity, create jobs and support inclusive growth.

The President says the projects across key regions will strengthen productivity, create jobs and support inclusive economic growth.

Officials say funding will come from a mix of budget allocations, concessional loans and private capital. The programme prioritises long-stalled projects in the power sector, where inadequate generation and distribution have held back businesses for years.

Analysts welcomed the ambition but cautioned that delivery, not announcements, will determine the impact. Previous infrastructure pledges have struggled with funding gaps and slow execution.

Key Facts

  • $2.2bn total programme across power, roads and rail
  • Funded by budget, concessional loans and private capital
  • Targets long-stalled power projects
  • Government projects thousands of new jobs
Sources & References
State House Press ReleasePrimary
NAN