Emefiele: N35tn Infrastructure Investment Required for Doubl

Emefiele: N35tn Infrastructure Investment Required for Double-digit Growth


Ndubuisi Francis in Abuja
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has declared that about N35 trillion investment in infrastructure is required for the economy to post a double-digit growth.
But, he declared that given the paucity of government revenues, it will be difficult to support such investments using government funds alone.
The Nigerian economy recorded a 0.51 per cent growth in the first quarter of 2021 after a 0.11 per cent growth in the fou rth quarter of 2020. In a goodwill message he delivered at a webinar on “Financing Public-Private Partnership to Boost Infrastructure Delivery in Nigeria,” organised by the Bureau of Public Enterprises (BPE) in Abuja, Thursday Emefiele noted that the theme of the webinar was topical as a critical part of efforts to drive sustainable growth of the Nigerian economy.

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