KWARA GOVT DONATES 150 OFF-ROAD MOTORCYCLES TO NIGERIAN ARMY. (PHOTO). #PRESS RELEASE

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 Kwara Govt donates 150 off-road motorcycles to Nigerian Army •LGAs acquire 320 motorcycles to boost vigilantes' security operations  In a bid to further strengthen security operations and maintain peace across Kwara State, His Excellency Governor AbdulRahman AbdulRazaq-led Kwara State Government has donated 150 off-road motorcycles to the Nigerian Army. The motorcycles are expected to enhance troops' mobility and effectiveness, particularly in rugged terrains such as forests, where non-state actors may be hiding with intent to destabilise the peaceful atmosphere of the state. This strategic intervention follows recent reports of the disturbances of non-state actors in parts of Kwara South and Kwara North.  In response, on Monday, April 21, 2025, Governor AbdulRazaq led a high-powered joint security delegation on an operational assessment tour to the Kaiama Local Government Area in Kwara North. Within 24 hours of the tour, the Governor also held a strategic meeting with t...
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OFFICE OF THE VICE PRESIDENT:PRESIDENT BUHARI APPROVES FORMATION OF TRILLION NAIRA COMPANY TO ADDRESS INFRASTRUCTURE DEFICIT .{PHOTOS}.#PRESS RELEASE.

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President Muhammadu Buhari has approved the establishment of a Public Private Partnership styled Infrastructure company named Infra-Co with an initial seed capital of N1 Trillion.
It is envisaged that, over time, the entity will grow to N15 Trillion in assets and capital.
Infra-Co will be one of the premier infrastructure finance entities in Africa and will be wholly dedicated to Nigeria’s infrastructure development. The entity has been developed with concept designs from the National Economic Council (NEC) and the Central Bank of Nigeria.
The President had asked Vice President Yemi Osinbajo, SAN, to chair a Steering Committee tasked with setting up the company.
The initial seed capital for the entity will come from the Central Bank of Nigeria, the Nigerian Sovereign Investment Authority, NSIA, and the Africa Finance Corporation.
The board of Infra-Co will be chaired by the Central Bank Governor and include the Managing Director of the Nigerian Sovereign Investment Authority, President of the Africa Finance Corporation, as well as representatives of the Nigerian Governors Forum, and the Ministry of Finance, Budget and National Planning. The Board will also have 3 independent directors from the private sector.
To address Nigeria's infrastructure deficit, the Buhari Administration continues to explore innovative options, including through financing initiatives such as the Presidential Infrastructure Development Fund (PIDF) designed to cater for the 2nd Niger Bridge, the Abuja-Kaduna-Zaria-Kano Expressway, and other projects.
There is also the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme which is being used for the funding of the Bodo-Bonny Bridges and Road (with the Nigeria Liquefied Natural Gas, NLNG), and the Apapa-Oshodi-Oworonshoki Expressway (with Dangote Group), among others.
Infra-Co will finance public asset development, rehabilitation and reconstruction as well as invest in cutting edge infrastructure projects for Roads, Rail, Power and other key sectors.
Laolu Akande
Senior Special Assistant to the President on Media & Publicity
Office of the Vice President
12th February, 2021
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