Tag Archives: infrastructure financing

Given the weak revenue generation of the Nigerian government, the federal government has been urged to involve the private sector in the financing of infrastructure. It is estimated that about $100 billion must be invested annually to finance infrastructure development in Nigeria to close the deficit. But the weak revenue generation of the Nigerian government shows that the country cannot ...

The President/Chief Executive of the Africa Finance Corporation (AFC), Mr. Andrew Alli and other leading experts in the financial sector are expected to proffer solution to the challenges of infrastructure financing in the country, at the 2017 annual conference of the Finance Correspondents Association of Nigeria (FICAN). Others expected at the annual event which holds at the Orchid Hotels, Lekki, ...

“The Federal Government needs N3 trillion annually to cover up the huge infrastructure deficit in the country. The President of Nigerian Institute of Quantity Surveyors (NIQS), Mercy Iyortyer, disclosed this at a two-day workshop on finance and development of capital projects in Lagos.”- The Guardian She noted that while the demand for construction is high, and that the money to ...