The Minister of Information and Culture, Mr Lai Mohammed, says the Federal Government has spent at about $7.5 billion on infrastructure in the last two years.
Mr Mohammed revealed this during 2018 World Congress of the International Press Institute (IPI) in Abuja, the nation’s capital on Thursday.
“This is a government that has invested heavily on infrastructure. It is on record that in the last two years, we spent about N2.7 trillion, about $7.5 billion on roads, power, and railroads,” he said.
By investing in infrastructure, the minister believes the Federal Government has helped to see to the welfare of those considered as the extremely poor in the country.
“We regularly give a stipend to 237,000 households which have been adjudged to be the most vulnerable and the poorest.”
Also, as part of its Social Investment Scheme, Mr Mohammed said the Federal Government has empowered unemployed Nigerians through the N-Power scheme.
He added, “We have the home grown feeding programme, we have the conditional cash transfer, we also have the Government Enterprise and Empowerment Program GEEP) and we have the N-Power. The N-Power in 2016 alone employed 200,000 unemployed graduates.”
The power sector has not been left out.
According to the minister, President Buhari’s government has invested heavily to the power generation from the national grid.
According to him, Nigeria was generating 2,600 megawatt of electricity in 2015. However, he revealed that the country consumes 7,000 megawatt of electricity.