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Infrastructure
Federal Government Allocates ₦2.45tn To States, FCT For Infrastructure, Security
The Federal Government said it allocated ₦2.45 trillion to the 36 states of the federation and the Federal Capital Territory (FCT) between March 2024 and August 2025 to support infrastructure development and security interventions nationwide. The Special Adviser to the President on Policy Communication, Daniel Bwala, disclosed this in a post on his verified X […]
Nigeria, World Bank eye capital market for infrastructure funding
The Federal Government has opened conversations with the International Finance Corporation – a member of the World Bank Group – on policy formation to utilise the capital market and other available funding options within Nigeria to fund infrastructure development through Public Private Partnership.