New Telegraph

Sanwo-Olu to FG: Lagos needs Special Consideration in NDP policy

Lagos State Governor Babajide Sanwo-Olu yesterday appealed to the Federal Government to grant the state a special consideration in the implementation of National Development Plan (NDP) project to enable it to sustain its position as driver of the nation’s economic growth. Speaking at the third Nigeria Public Private Partnership Network (NPPN) hosted by the Lagos State PPP Office in Ikeja, Sanwo- Olu said also urged the private sector to forge a much deeper and mutual collaboration with the government in ensuring the attainment of inclusive development and greater wealth generation in the country.

The governor described the theme of the event entitled: “The Role of PPP in the 2021-2025 National Development Plan,” as apt considering the economic challenges being faced by Nigeria presently. Sanwo-Olu, who cited Moody’s (Rating Agency) projection, pointed out that Nigeria’s infrastructure gap estimated at about $3 trillion, which is about six times the size of the nation’s annual national GDP, saying the National Development Plan (2021- 2025) remains a major imperative to unlocking quantum private sector collaboration and partnership to attain socioeconomic advancement in a quicker and more inclusive fashion.

Read Previous

Reps probe NIPRD on disbursement of N2bn COVID-19 Intervention Fund

Read Next

Audit of MDAs: Fraudulent deals stun Senate c’ttee

Leave a Reply

Your email address will not be published. Required fields are marked *