In eight years, I've doubled Nigeria's infrastructural fortunes - Buhari declares

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In eight years, I've doubled Nigeria's infrastructural fortunes - Buhari declares
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Barely 48 hours to the inauguration of the incoming administration, President Muhammadu said his eight years tenure has doubled Nigeria's infrastructural

Barely 48 hours to the inauguration of the incoming administration, President Muhammadu said his eight years tenure has doubled Nigeria’s infrastructural fortunes.According to Buhari, Nigeria’s stock of infrastructure to Gross Domestic Product have grew significantly by 20 per cent under his watch.He stated that Nigeria’s rising debt profile should be compared in relation with the Country’s rising assets, investments profiles.

He explained that the infrastructural growth recorded under his administration happened when oil plunged, recession and global economic downturns. “In eight years, I am proud to say that we have doubled Nigeria’s stock of infrastructure to GDP from about 20% to over 40%, and that is no small undertaking.

“This happened when global oil prices plunged to almost zero, when we encountered a recession that was not predicted, when we dealt with a pandemic that was unforeseen and when we are still grappling with the global effects of an ongoing war in Europe.In 2015, Buhari took over the mantle of leadership from former President Goodluck Jonathan. He was re-elected in 2019.

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