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‘N2trn Pension Fund For Infrastructure’ll Come Via Bonds’

‘N2trn Pension Fund For Infrastructure’ll Come Via Bonds’   The N2trn proposed to be raised from the Contributory Pensions Fund for investment in infrastructure development will be through bonds, according to findings by The PUNCH on Wednesday. A National Economic Council source told The PUNCH in Abuja,...

PFAs Invest N7trn In FG Securities, Infrastructure

PFAs Invest N7trn In FG Securities, Infrastructure   About N7.40trn of the N9.99tn pension fund assets has been invested in the Federal Government securities by Pension Fund Administrators. Latest data from the National Pension Commission also showed that the PFAs raised their investment in infrastructure to N40.52bn...

New VAT: Stakeholders Demand Exemption, Waivers, Infrastructure

New VAT: Stakeholders Demand Exemption, Waivers, Infrastructure   Following the decision of the Federal Government to begin implementation of increased VAT regime of 7.5 per cent, operators, stakeholders and experts have demanded waivers and exemptions from the government. The stakeholders who spoke to our correspondents in separate...

NCC, Infracos To Raise N265bn For Broadband Infrastructure

NCC, Infracos To Raise N265bn For Broadband Infrastructure   The Nigerian Communications Commission and a consortium of infrastructural companies say they will raise N265bn for the development of broadband infrastructures across the country in the next four years. Executive Vice Chairman of the NCC, Prof Umar Danbatta,...

FG To Expend N65bn On Broadband Infrastructure

FG To Expend N65bn On Broadband Infrastructure     The Minister of Communications, Dr Isa Ali Ibrahim Pantami meets NCC, telcos on telecom infrastructure, others A total of N65bn will be spent as counterpart fund for the laying of 127,000km of fibre optic across the country in...

WASRA Seeks Funds For Infrastructure

WASRA Seeks Funds For Infrastructure   The West Africa Securities Regulators Association has stated its key mandate of providing the necessary regulatory platform for capital market operators to play a major role in mobilising funds. The acting Director-General, Securities and Exchange Commission, Nigeria, Ms Mary Uduk, said...