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Tag Archives: investment

Enugu State housing corporation set to unveil Zik Museum

museum

The Enugu State Housing Development Corporation says it is on the verge of completing a world-class museum to be named after the first president of Nigeria, Nnamdi Azikiwe. The Managing Director of the corporation, Mr. Chukwuemelie Agu disclosed this on Wednesday in Enugu while speaking with journalists. Agu said that the museum that would be known as Zik Centre was ...

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Expert urge Federal Government to invest in infrastructure

Federal Government

A town planning consultant, Mr. Olaide Afolabi, on Monday called on the Federal Government to formulate policies that would facilitate infrastructure and property development in the country. Afolabi, a former President of the Association of Town Planning Consultants of Nigeria (ATOPCON), made the call in an interview which held in Lagos. He said there were huge gaps in the areas ...

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Experts seek increased investment in deficit sectors of economy

investment

Experts at the 2018 Investment Advisers and Portfolio Managers (IAPM) forum/launch of Association of Corporate and Individual Investment Advisers (CIIA) called for increased investment in needy sectors to drive economic growth. They believe that major challenges to some sector in the economy were poor funding and lack of access to finance, stating that this will be a major catalyst to ...

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AfDB signs $40m investment for Nigeria, others

AfDB

The Board of Directors of the African Development Bank (AfDB) has approved an equity investment of $40m in African economies. The $40m would be ploughed in the African Infrastructure Investment Fund, with a focus on acquiring positions of significant influence in roads, airports, rail links, bridges, ports, logistics, power generation, utility distribution, as well as telecommunications assets, the AfDB said ...

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Nigeria’s debt on infrastructure is a good investment – Fashola

Fashola

Nigeria’s Minister of Power, Works, and Housing, Babatunde Fashola, says debt for infrastructure in Nigeria is good debt, as far as he is concerned. Speaking at the Africa Investment Forum in Sandton South Africa on Wednesday, the minister said the Nigerian government should not be judged like a private company when it comes to borrowing. His words: “The only thing ...

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Our massive investments in Infrastructure are paying off – Lai Mohammed

Lai Mohammed

The Minister of Information and Culture, Alhaji Lai Mohammed, says the massive investments in infrastructure by President Muhammadu Buhari’s administration are paying off in economy stimulation and jobs creation. The Minister said this on Thursday in Ibadan at a Special Town Hall Meeting on Infrastructure organised by his ministry and the National Orientation Agency. Our correspondent reports that three other ...

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FG implores states, private sector to partner to boost infrastructure

infrastructure

The Federal Government has called on the 36 State Governments to use Public Private Partnership (PPP) model to improve public service delivery and infrastructure in their respective states. The acting Director-General, Infrastructure Concession Regulatory Commission (ICRC), Mr. Chidi Izuwah, made this call in Abuja on Thursday at the launch of the 2018 Nigeria PPP Network (NPPPN). The theme was “Accelerated ...

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FG’s New Gas Infrastructure will Attract $30bn Investment

Gas infrastructure

The federal government yesterday disclosed that it would launch a gas infrastructure revamp programme in November. The project is said to have the potential of attracting between $20 billion and $30 billion of investments into the petroleum industry and could also help address the infrastructural deficiencies in the industry. Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, disclosed this ...

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Rivers overtakes Lagos as top investment destination, invests in mining, real estate

Rivers

The investment profile report by the Nigeria Investment Promotion Commission (NIPC) shows that Rivers state received the largest investment in the first half of 2018. According to the report, a total of $45.74 billion was invested for 42 projects in nine states and the Federal Capital Territory (FCT). The sectoral analysis of the investment profile showed that mining and quarrying ...

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Property experts envision sustainable growth for Real Estate Sector

real estate

The annual West African Property Investment (WAPI) Summit, the region’s most prominent and largest real estate investment and development conference will once again take place in Lagos on 15 & 16 November 2018 at the Eko Hotel and Suites. According to the summit’s host, API Events’ Kfir Rusin, this year’s theme: RE-Calibrating Supply and Demand for Sustainable Growth is a ...

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