N15trn InfraCo begins operation this quarter

N15trn InfraCo begins operation this quarter

N15trn InfraCo begins operation this quarter     The N15 trillion Infrastructure Corporation of Nigeria (InfraCo) will begin operations in the third quarter of this year, the Central Bank of Nigeria announced on Tuesday. CBN Governor, Godwin Emefiele, who announced this during an investors’ webinar organised by the Bureau of Public Enterprises (BPE), said InfraCo would help bridge the huge infrastructure gap in Nigeria. He said analysts estimated that over N350 trillion was needed to support infrastructure investments over the next 10 years, adding that if these investments were made,…

Read more