Buhari To Attend Investiture Of Deby As Transition President In Chad

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President Buhari To Jet Out Of Nigeria For National Honour

President Muhammadu Buhari will on Monday attend the investiture ceremony of Mahamat Idriss Deby Itno as President of the Transitional Team in Republic of Chad for two years.

Malam Garba Shehu, the President’s spokesman, confirmed this in a statement on Sunday, October 9, in Abuja.

According to Shehu, the ceremony, which will hold at the capital, N’Djamena, will further accentuate negotiations on peaceful and harmonious return to democratic process in the country.

This, he said. followed the passing of the former President, Idriss Deby Itno in April 2021.

He said;

President Buhari will return to Nigeria after the ceremony.

Meanwhile, President Buhari says the Federal Government has made landmark transformational investments in Infrastructure since inception of the administration in 2015.

Buhari said this when he presented the 2023 budget to the National Assembly on Friday, October 7.

He said in 2021, the administration established the Infrastructure Corporation of Nigeria (InfraCorp) with seed capital of N1 trillion from Central Bank of Nigeria (CBN), the Nigeria Sovereign Investment Authority (NSIA) and the Africa Finance Corporation (AFC).

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He said it leveraged on finance through the NSIA into the Presidential Infrastructure Development Fund (PIDF) to facilitate the completion of the Second Niger Bridge, Lagos-Ibadan Expressway and the Abuja-Kano Highway.

The President said the road Infrastructure Tax Credit Scheme, pursuant to Executive Order 7 of 2019, incentivised responsible companies to invest billions of naira in constructing over 1,500km critical roads in key economic corridors.

Under the scheme, he said the Dangote Group had substantially completed the reconstruction of 34km Apapa-Oworonshoki-Ojota Expressway and the 43km Obajana-Kabba road.

 

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