Since the return to democracy in 1999, each successive government in Nigeria has signed a number of executive orders. More often than not, the news of the signing of a new executive order is usually greeted with either public outcry at worst or with mass apathy at best. However, the jubilant reaction of Nigerians at home and in the diaspora to the news of the signing of the Executive Order No.
As the quest for development by emerging markets like Nigeria deepens, the importance of infrastructure in various sectors of the economy cannot be over emphasised. However, a major deterrent for infrastructural growth is the shortage of funds for the successful execution of same. For example, in Nigeria, it is reported that an estimated sum of US$2.9 trillion is required to meet its infrastructural deficit by 2043.