Infrastructure in Nigeria Unlocking Pension Fund Investments 2018
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During my time in Nigeria (September 2016 to September 2017), my team and I focused on a project called “Building infrastructure in Nigeria”. We aimed at improving access to vital health, education, and energy services in Nigeria. With this goal in mind, my team worked on several key areas: 1. Health infrastructure: We built eight new health facilities, each of them having a capacity of 1,500 patients. The new health centers are equipped with modern medical equipment, re
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Infrastructure has always been a subject that both the developed and developing world’s governments consider. Nigeria is one of such countries. It’s one of the 70+ countries in the world that require the government’s attention on infrastructure development. Nigeria’s infrastructure has been a challenging issue since the 1990s. According to a World Bank report, the country’s infrastructure has been on the decline since the early 2000s. The report suggests that out of 249 public infrastr
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Infrastructure plays an important role in any country’s development, especially in emerging economies such as Nigeria. Nigeria’s economy is currently experiencing a growth rate of 1.5%, which places it in the category of African countries that are experiencing economic growth. The country’s main economic activity is agriculture, which accounts for more than 70% of the country’s gross domestic product (GDP). However, this does not guarantee Nigeria’s prosperity since agriculture is labour intensive and does not provide job opportunities for the
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Infrastructure in Nigeria: Unlocking Pension Fund Investments, 2018: The Infrastructure and Development Group, Inc (IDG) has successfully completed a one-year program to rebuild infrastructure in Nigeria. This program was initiated in response to the need to provide Nigeria with modern infrastructure that would accelerate economic growth. This report summarizes the major findings of the study in Nigeria, and assesses the impact of the infrastructure initiatives on investment returns. The Nigeria Infrastructure Report,
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“The Nigerian Government is a step closer to unlocking the substantial pension fund investments in infrastructure projects. Nigeria is a country facing the world’s highest budget deficit and the government has implemented an austerity measure that targets the public sector. go to this website To balance its budget, Nigeria is expected to raise the money it needs from domestic sources. The budget deficit has now ballooned to over 21 percent of GDP, and it is set to reach 24.4 percent in 2018. The auster
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Brief Summary: A recent research study on “Unlocking Pension Fund Investments – Understanding the impact of the Infrastructure sector”, highlights the significance of Nigeria’s Infrastructure in boosting the economy of the country and enhancing its investment potentials. The study also assesses the potentials of infrastructure to drive growth, employment and wealth creation, especially in the Pension Fund Investments. Background: The Nigerian Government recognizes the crucial role played by Infrastructure in the growth and development of