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Sovereign Wealth Funds Briefing - Categorized | Financials

AfDB estimates FG infrastructure gap to gulp $350bln

Posted on 23 September 2013

Implementing the Federal Government’s Infrastructure Action Plan (IAP) would require at least some $350 billion within ten years to accomplish, the African Development Bank (AfDB) has estimated. AfDB expects this infrastructure funding would come from government, private sector, sovereign wealth fund, state enterprises, donor organisations, households, among others.
“Full implementation of the proposed IAP would require $350 billion of development expenditure between 2011 and 2020. At $350 billion, the development cost of the IAP is larger than any previously published estimate for overcoming the infrastructure gap in Nigeria…………………………………..Full Article: Source


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