Transforming Nigeria Infrastructure & Growth

REGULATION . • Observations Government has traditionally provided for the infrastructure requirement of the country from budgetary appropriations. INFRASTR CONCESSION ICRC Even at the best of times, annual budgetary appropriations hardly meet expenditure requirement in a timely and sustainable manner. Declining financial resources is making this option even less attractive. The NIIMP projects an expenditure of US$3.10 trillion in 30 years, 48% of which will be provided by the private sector. ICRC. 106

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