Through the Road Infrastructure Tax Credit Scheme introduced by the Federal Government, private companies have spent no less than N97.4 billion on road construction across the...
Despite the huge borrowing, the World Bank has rated Nigeria low on infrastructure. While asserting that the country’s infrastructural deficit would likely reach $3 trillion in...
Nigeria will need $2.3 trillion over the next 20 years to resolve its infrastructure challenges
The Governor, Central Bank of Nigeria, Godwin Emefiele, has said the Infrastructure Corporation of Nigeria is signing an agreement with some public and private sector partners...
Nigeria Approves Creation of $2.4 Billion Infrastructure Firm Nigeria’s President Muhammadu Buhari cleared the way for the launch of an infrastructure company with initial seed capital...
The Federal Government is presently working on a collaboration between the Central Bank of Nigeria, the Nigerian Sovereign Wealth Investment Authority and other stakeholders to establish...
Moody’s Investors Service, a global credit rating agency, has said Nigeria’s infrastructure is behind most emerging market peers and needs at least $3 trillion to bridge...