From Anietie Akpan, Calabar

THE Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Mr. Mansur Ahmed, has declared that the country needs between $12 billion and $15 billion yearly for infrastructure development.

Over the next five to six years, he said between $60 billion and $90 billion would be required by the country to close its infrastructure gaps and the Federal Government's yearly budget could only cover a fraction of this requirement.

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Posted by boyang at April 17, 2009 5:30 AM