Tinubu’s reforms fuel Nasarawa’s N90bn infrastructure boom – Gov Sule
Summarized and contextualized by DistantNews.
At a glance
- Governor Abdullahi Sule of Nasarawa State announced that the state has initiated N90 billion in infrastructure projects.
- These projects are funded by increased revenue, allowing the administration to avoid bank borrowing.
- The governor attributes this financial success to reforms implemented by President Bola Tinubu.
Nasarawa State is undertaking a significant infrastructure development drive, with Governor Abdullahi Sule announcing projects valued at N90 billion. This ambitious program is being financed entirely through increased state revenue, a feat the governor highlighted as being enabled by reforms enacted by President Bola Tinubu.
Sule emphasized that the administration has managed to fund these major projects without resorting to borrowing from banks. This financial prudence allows the state to invest in its development without incurring debt, a strategy he credits to the current national economic policies. The infrastructure boom is expected to transform key sectors within the state, though specific project details were not provided.
The governor's statement suggests a positive economic outlook for Nasarawa, directly linking its development capacity to the national reform agenda. This approach aims to foster growth and improve public services through fiscal responsibility and strategic investment.
The increased revenue has enabled his administration to execute major infrastructure projects without resorting to bank borrowing.
Originally published by Vanguard. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.