Expect major facelift in power, rail, roads next year

President Muhammadu Buhari says his administration’s investment in infrastructure will see a major facelift across the country in power, rail and roads which have been scheduled to come on stream in 2018. Presidential spokesman Mr Femi Adesina said this on Saturday in a statement entitled “Key Achievement of President Buhari’s Administration in 2017.

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, which include exiting from the worst recession in decades and a gradual stabilization of the naira.

Adesina said based on facts and figures from the National Bureau of Statistics, the Presidency was pleased to note that the economy had been on the path of steady growth since the second quarter after contracting for five consecutive quarters. According to him, Buhari is hopeful that the exit from recession, stabilization of the naira and robust harvest in the agricultural sector will continue to impact on the livelihood of Nigerians.

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Author: see naija

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