Nigeria: $85bn Infrastructure Investment Needed for Double-digit Growth, Central Bank Chief Emefiele Says
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, declared that N35 trillion (about $85bn) investment in infrastructure is required for the economy to post a double-digit growth. But, he declared that given the paucity of government revenues, it will be difficult to support such investments using government funds alone. The Nigerian…