FG seeks asset manager for N1 trn infrastructure company

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The CBN, the Africa Finance Corporation and the Nigeria Sovereign Investment Authority on Friday called for proposals...

The federal government has called for expressions of interest for the appointment of an asset manager for the new Infrastructure Corporation of Nigeria.

“InfraCorp is a dedicated privately-managed infrastructure and industrial vehicle that will harness opportunities for Nigeria’s infrastructure development by originating, structuring, executing and managing end-to-end bankable projects in that space,” the call statement said. Develop the consolidated business plan and financial model for InfraCorp and its subsidiaries; manage the day-to-day operations of the Asset Management business of InfraCorp; plan, lead and coordinate the promotion of InfraCorp and capital raising activities.

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