Nigeria: Govt Unveils $10 Bn Private Sector Investment Initiative for N-Delta

28 February 2018

Abuja — The Federal Government yesterday, received a $10 billion private sector investment proposal aimed at fast-tracking the development of infrastructure and social wellbeing of the people of the Niger Delta region.

The proposal, which was presented to stakeholders during the meeting of ministers, governors of Niger Delta region and Chief Executives of International Oil and Gas Companies, IOCs, in Abuja, is targeted at a paradigm shift from public sector funding mechanism to private sector funding mechanism.

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