Infra-Co

Buhari approves creation of $2.6bn company, Infra-Co, to tackle infrastructure deficit

Buhari approves creation of $2.6bn company, Infra-Co, to tackle infrastructure deficit

President Muhammadu Buhari has approved the creation of a company, Infra-Co, to fast-track development of critical infrastructure, with around $2.6 billion in initial financing. Nigeria slipped into recession in its third-quarter in 2020, for the second time in four years, hit by the coronavirus pandemic and a fall in oil prices, and faces a huge […]