Finance

CBN Extends Deadline for Expressions of Interest for Appointment as Independent Infrastructure Asset Manager for the Infrastructure Corporation of Nigeria Limited

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The Central Bank of Nigeria has extended the deadline for the submission of final proposals for expressions of interest for appointment as independent infrastructure asset manager for the infrastructure corporation of Nigeria Limited.

In the communique signed by Dr. Kingsley Obiora and released on Monday, 15th March, the apex bank said the deadline for receipt of final proposals in response to the detailed Request for Proposals (RfP) has been extended from 12 noon Nigerian time on 16 march 2021 by 2 weeks to 12 noon Nigerian time on 30 March 2021.

The central bank said “Reference is made to the request by the Promoters (the Central Bank of Nigeria, the Africa Finance Corporation, and the Nigeria Sovereign Investment Authority), for Expressions of Interest from qualified asset managers active in the infrastructure sector to manage the Infrastructure Corporation of Nigeria Limited (InfraCorp).

“This communique is to convey an extension to the deadline for receipt of final proposals in response to the detailed Request for Proposals (RfP) from 12 noon Nigerian time on 16 March 2021 by 2 weeks to 12 noon Nigerian
time on 30 March 2021.”

The process remains the same such that upon expression of interest through InfraCorp@cbn.gov.ng, the Promoters shall share a detailed RfP document providing potential asset managers with the necessary information to prepare appropriate proposals in line with the Promoters’ requirements.

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