Infraco to Recoup Over N1trn for Construction of Three Roads
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has disclosed that the Infrastructure Company Limited (InfraCo) would recoup over N1trillion to be expended on rehabilitation/construction of three roads across the country through toll. Emefiele stated this while briefing the press at the end of the Annual Bankers’ Committee Retreat in Lagos. “In 2022, […]
Godwin Emefiele: Improved Infrastructure Financing to Support Economic Growth
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said during the 2021 Finance Correspondents Association of Nigeria (FICAN) Annual Conference that poor infrastructure financing was a constraint on the growth of the economy. Emefiele also emphasized that an average rate of five to seven percent is required to boost productivity and sustainable […]