Local News

IFC Invests ₦60b in Infrastructure Development in Nigeria

International Finance Corporation, (IFC) said it has invested 25%, about ₦60 billion of its 2012 total investment in Nigeria on infrastructure.

The Vice President, Sub-Saharan Africa, Latin America and the Caribbean, Jean Philippe Prosper said the infrastructure and natural resources sector got 25%, about ₦60billion, while manufacturing and agribusiness got 25%, the financial markets got ₦120billion about 50% of the total investments,  in Lagos while interacting with news men during his visit to Nigeria.