Emefiele: N35tn Infrastructure Investment Required for Double-digit Growth

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Ndubuisi Francis in Abuja The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has declared that about N35 trillion investment in infrastructure is required for the economy to po…

The Governor of the Central Bank of Nigeria , Mr. Godwin Emefiele, has declared that about N35 trillion investment in infrastructure is required for the economy to post a double-digit growth.

The Nigerian economy recorded a 0.51 per cent growth in the first quarter of 2021 after a 0.11 per cent growth in the fou rth quarter of 2020. In a goodwill message he delivered at a webinar on “Financing Public-Private Partnership to Boost Infrastructure Delivery in Nigeria,” organised by the Bureau of Public Enterprises in Abuja, Thursday Emefiele noted that the theme of the webinar was topical as a critical part of efforts to drive sustainable growth of the Nigerian economy.

He observed: “While this news is positive, growth is still well below our population growth of 2.7 per cent. It is therefore imperative that we all work together to harness the growth potential of the Nigerian economy.

 

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