This was the focus of a meeting between the Infrastructure Concession Regulatory Commission and the World Bank Team, who were on a fact-finding mission on how to develop and unlock the capital market in Nigeria.
A statement signed by the Acting Head, Media and Publicity, Ifeanyi Nwoko, disclosed this today in Abuja.
Speaking during the meeting, the ICRC Director General, Jobson Ewalefoh, said that the visit of the team was an important one that could redefine the space of infrastructure development in Nigeria.
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He said that alternative finance options like unlocking the capital market to fund PPPs were at the heart of his innovative financing policy agenda.
Speaking further after the technical meeting, Ewalefoh said that funding was at the core of infrastructure development. Hence, it would be a milestone to unlock the capital market.
He said that alternative finance options like unlocking the capital market to fund PPPs were at the heart of his innovative financing policy agenda.
She commended the ICRC for its role in regulating PPPs, urging it to work with other players to develop new products and build investor confidence.
Canziani noted that there were several untapped interests from potential international investors.
The World Bank IFC’s visit to ICRC is one in the series of meetings it has lined up with strategic government and private stakeholders that are germane to its course.