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Nigeria planning $25 bn infrastructure and energy fund

“Nigeria plans to set up a $25 billion infrastructure fund to invest in the transport and energy sectors in Africa’s most populous nation, a spokesman for Vice President Yemi Osinbajo said on Thursday.

Laolu Akande said money for the planned fund would come from local and international sources including Nigeria’s sovereign wealth fund and domestic pension funds.”

Source: Investment: Nigeria planning $25 bn infrastructure and energy fund | West Africa