of efforts to stimulate local production in the country.
He said this was necessary in view of the impact of the COVID-19 pandemic globally, which was making many developed countries to ban exportation of goods hitherto imported into the country. Emefiele said, “The CBN will promote the establishment of InfraCo Plc, a world-class infrastructure development vehicle, wholly focused on Nigeria, with combined debt and equity take-off capital of N15tn, and managed by an independent infrastructure and fund manager.
He said around the world, countries had moved away from multilateralism and responded by fighting for themselves with several measures to protect their own people and economies, regardless of the spill-over effects on the rest of the world.
There is a lot of stories to remember in dis period of lockdown, I hail oo 9ja govt.
Here they comes with empty promises in a time like this, for this money another lie is coming up watch out for Nigeria my country.
When?
Great but I don't know why it took this administration this long for this kind of idea.
This we keep seeing but not in physical, only on papers
Scammers
Those who are planning government’s response to the palliative question don’t seem to have known poverty before and therefore not likely to understand what hunger can do to people, that’s why the advise to the government has not been correct.
COVID–19, FEDERAL GOVERNMENT’S PALLIATIVE AND THE NIGERIAN ECONOMY The issue of palliatives to the poor should be taken as serious as the treatment of those that has contracted the COVID-19 because the issue of hunger could be more devastating to poor individuals and families.
Where will the 15 trillion come from? Or are they planning to print it?
More money for their 'over-rich' caucus
This govt lies effortlessly
Good development.
A company that its capital will be larger than the annual budget of Federal Republic Nigeria for year 2020.
I no believe until una prove me wrong 🤔