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Other side of private infrastructure financing


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Critical infrastructure plays a critical role in enhancing economic growth, creating jobs, improving living standards and reducing poverty. Important national goals and aspirations depend largely on how developed and sophisticated its infrastructure is. The inability of governments over the years to put critical infrastructure in place has widened the country’s infrastructure gap. Moody’s, a leading rating agency estimated Nigeria’s infrastructure gap at $3 trillion, which experts say is six times the size of its annual GDP.
Since 2015, the government of President Muhammadu Buhari has more than tripled the level of the Federal Government’s indebtedness to both local and foreign creditors. To be sure, state governments have also been active in the debt market ostensibly to seek funding for development. ....

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CBN's Interventions in Infrastructure


Jennifer Michael
It is already a known fact that the outbreak of the Coronavirus (COVID-19) which later became a pandemic hit the world like a tsunami.
Countries responded to its devastating effects in ways that were peculiar to their own circumstances. Around the world, nations moved away from multilateralism and responded by fighting for themselves with several measures to protect their own people and economies, regardless of the spillover effects on the rest of the world.
Nigeria was not an exception as the Governor of Central bank of Nigeria (CBN), Mr Godwin Emefiele, inspired a response mechanism that motivated and propelled activities in all sectors towards managing a crisis that is deadly in its immensity. ....

Jennifer Michael , Godwin Emefiele , Nigerian Sovereign Investment Authority , Central Bank , Infrastructure Corporation Of Nigeria , African Finance Corporation , Infrastructure Corporation , Federal Government , Growth Roundtable , ஜெனிபர் மைக்கேல் , நைஜீரியன் இறையாண்மை முதலீடு அதிகாரம் , மைய வங்கி , உள்கட்டமைப்பு நிறுவனம் ஆஃப் நைஜீரியா , உள்கட்டமைப்பு நிறுவனம் , கூட்டாட்சியின் அரசு , வளர்ச்சி வட்ட மேசை ,