Nigerians have been told by the presidency to expect major facelift in power, rail and roads in 2018 based on the present administration’s investment in infrastructure.
The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, said this in a statement made available to journalists in Abuja.
“President Buhari’s investment in infrastructure will see major facelifts across the country in power, rail and roads, which have been scheduled to come on stream in 2018,” Adesina said.
He said despite global economic challenges and initial outlook of slow, or unlikely, recovery, the Nigerian economy trumped predictions and witnessed some remarkable changes in 2017.
“In our review of the economy based on facts and figures from the National Bureau of Statistics, we are pleased to note that the economy has been on the path of steady growth since the second quarter, after contracting for five consecutive quarters.
“President Muhammadu Buhari is hopeful that the exit from recession, stabilisation of the naira and robust harvest in the agricultural sector will continue to impact on the livelihood of Nigerians,” he said.
Adesina noted that multilateral institutions like the World Bank and the International Monetary Fund have already projected higher growth for the economy in 2018.