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Nigeria’s national integrated infrastructure master plan has found a $2.3 trillion gap, The Punch reported, citing Minister of State for Finance, Budget and National Planning Clem Agba.
The new plan stipulates an annual expenditure of $150 billion to achieve this target as the country aims to achieve 70% infrastructure stock from the current 30-35% by 2043.
The plan also provides the roadmap for building quality infrastructure, which guarantees sustainable growth and development in Nigeria, the minister said.
(Writing by P Deol; Editing by Anoop Menon)
