x

Nigeria Needs Over $50 Billion to Address Infrastructural Deficit: SEC DG

Nigeria needs over $50 billion to address its growing infrastructural deficit, says SEC Director-General Emomotimi Agama. Speaking at a stakeholders’ meeting, Agama emphasized the critical role of the underutilized capital market in raising funds to improve roads, healthcare, education, and more across the country’s 36 states. He highlighted the importance of innovative market initiatives to boost investments and meet the nation’s development goals.

Additionally, international partners like IFC and the Milken Institute stressed the need for education and reforms to make the market more attractive to investors.

Hot this week

Tax law: States to gain N5tn VAT windfall as new sharing formula takes effect

Nigeria’s 36 states are projected to receive about N5.07tn...

Hazras Charity Foundation Emerges as Trusted Humanitarian Delivery Partner in Nigeria

By Jabiru HassanHazras Charity Foundation (HCF) has been described...

African Union Reaffirms Unwavering Support for One-China Principle

The African Union (AU) has once again affirmed its...

Army warns public against fake social media accounts linked to COAS

The Nigerian Army has alerted members of the public...

Umahi Tours Lekki Corridor’s 7th Axial Road Project, Praises CHEC’s Progress

By Wilfred FramcisLagos, Nigeria - Minister of Works Senator...

EODU Hails Governor Ododo Over Onu Egume Appointment, Urges Unity and Development

From Noah Ocheni, LokojaThe Egume-Ome Descendants Union (EODU) has...

2027 Elections: Group Endorses Chief Ephraim Usman for Plateau Central Senatorial Seat

By Israel Adamu, JosA grassroots political group, the Plateau...

Kogi Govt Begins Rehabilitation and Upgrade of Nine Livestock Markets Across the State

From Noah Ocheni, LokojaThe Kogi State Government has commenced...

Troubled Manchester United Crash Out of FA Cup Against Brighton

Manchester United’s miserable season took another blow as they...

Court to Decide NUC Recognition Dispute Over Medical, Dental Academics’ Union

By Achadu Gabriel, KadunaThe National Industrial Court of...

Related Articles

Popular Categories

spot_imgspot_img