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N15trn Infracorp opens for business in Nigeria ― Emefiele

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The Chairman of the Infrastructure Corporation of Nigeria (InfraCorp) and Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has said that the corporation has opened for business to both local and foreign investors.

He made this revelation on the Occasion of the InfraCorp Term Sheet Signing with Independent Asset Managers in Lagos, Friday, April 8, 2022.

According to him, this marks a major milestone as InfraCorp and the Infrastructure Asset Managers namely: the AAA Consortium, Chapel Hill Denham, Africa Infrastructure Investment Managers here in Nigeria, and Sanlam Infraworks have concluded the initial discussions on how they will operate together to deliver infrastructure to the nation.

He said the corporation is expected to raise over N15 trillion to support investment in critical infrastructure in Nigeria and so far, N1 trillion has been provided as seed funds by the promoters to support the operations of InfraCo.

Details later…

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