Operators Invest N55.25bn Pension Funds In Infrastructure
The Pension Funds Administrators have invested N55.25bn under the Contributory Pension Scheme in infrastructure as of the end of May, latest statistics from the National Pension Commission has revealed.
The commission stated this in its report titled ‘Summary of...
CBN's N15 trillion Boost for Infrastructure
By Salisu Na'inna Dambatta
The Central Bank of Nigeria (CBN) under the leadership of Chief Godwin Emefiele has become an activist and real interventionist institution that is consistently bringing in new and highly creative initiatives aimed at supporting and boosting...
Nigeria Needs To Spend 18% GDP On Infrastructure, Says IMF
The International Monetary Fund has estimated additional spending of 18 percentage points of Gross Domestic Product by 2030 for Nigeria to achieve Sustainable Development Goals.
It stated this in its report on, “Technical assistance report––additional spending...
Pension Fund Operators Invest N47.32bn In Infrastructure
The Pension Funds Administrators have increased their pension funds investment in infrastructure to N47.32bn, latest statistics from the National Pension Commission have revealed.
The latest figure was said to be as of the end of February 2020.
The total assets...
Forex Pressure, Infrastructure Deficit May Worsen Inflation — Emefiele
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has said that the infrastructural deficits and emerging pressures from the foreign exchange market may aggravate inflation.
He said with the decline in crude oil receipts as well...
Nigeria Needs $6bn To Develop 5m tons LPG Infrastructure
At least $6 billion is required to develop infrastructure to enable Nigeria achieve the 2023 target of five million tons of liquefied petroleum gas (LPG) also called cooking gas consumption.
Programme Manager, National Liquefied Petroleum Gas Expansion...
