Investment In Infrastructure Will Not be Reduced – Finance Minister

The Federal Government on Thursday said that the drop in the price of crude oil would not make it reduce its investment in infrastructure in the 2016 fiscal period.

It boasted that what the country failed to achieve in the area of infrastructure when crude oil was sold at $114 per barrel would be achieved using the instrumentality of the budget with massive investments in transportation, road construction, housing and power provision.

The Minister of Finance, Mrs. Kemi Adeosun, stated this in an article written by her and made available to journalists by the Director of Press, Federal Ministry of Finance, Mr. Marshal Gwandu.

The Federal Government on Thursday said that the drop in the price of crude oil would not make it reduce its investment in infrastructure in the 2016 fiscal period.

It boasted that what the country failed to achieve in the area of infrastructure when crude oil was sold at $114 per barrel would be achieved using the instrumentality of the budget with massive investments in transportation, road construction, housing and power provision.

The Minister of Finance, Mrs Kemi Adeosun, stated this in an article written by her and made available to journalists by the Director of Press, Federal Ministry of Finance, Mr. Marshal Gwandu.