VP Osinbajo wants deepening of PPP for infrastructure development - News Summed Up

VP Osinbajo wants deepening of PPP for infrastructure development


The vice president said that collaboration would not dwell on major infrastructure projects based on its time frame and the ongoing path-breaking infrastructure investments under the Presidential Infrastructure Development Fund (PIDF). He explained that the plan called for leveraging on savings, which included pension funds in a derisked environment for infrastructure development. “We recognise that national infrastructure needs to go beyond these mega projects, and so we strongly believe that the private sector has a key role to play in the provision of infrastructure. “The Azurra Edo Power Plant is a good example of how government can support and enable the private sector. “Some of its key provisions include: jobs for food creating a targeted five million jobs for Nigerians; increased infrastructure investment on roads, bridges, solar power and communication technologies.


Source: The Guardian August 07, 2020 18:22 UTC



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