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Sovereign Wealth Funds Briefing - Categorized | Market

Nigeria: SWF will hasten infrastructure devt

Posted on 19 December 2012

The creation of the Sovereign Wealth Fund (SWF) presents an opportunity for the government to fund infrastructure, the Managing Director, Stanbic IBTC Holdings Plc, Mrs Sola David-Borha, has said.
Speaking at the Fourth Christopher Kolade Symposium hosted by the Nigerian Leadership Initiative (NLI) in Lagos, she said infrastructure stimulate growth. The Federal Government requires N16 trillion to provide infrastructure in the country, she said. According to her, the economy is growing but not as fast as expected because of inadequate infrastructure………………………………………..Full Article: Source


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