Coronation Group Urges Infrastructure Investment for Economic Growth in Nigeria

Coronation Group has recently unveiled its maiden Infrastructure Report, emphasizing the need for infrastructure investment through the creation of more infrastructure funds in Nigeria.

The report highlights the increasing importance of private sector involvement in funding infrastructure projects worldwide, as public resources are often constrained.

The Coronation Infrastructure Report delves into the critical realm of infrastructure financing, explaining how private sector investments are reshaping the landscape of infrastructure development.

It emphasizes the imperative of private sector participation in funding infrastructure projects and underscores the pivotal role that infrastructure investments play in driving economic growth and societal advancement.

Aigbovbioise Aig-Imoukhuede, Managing Director of Coronation Asset Management, emphasized the significance of the report in fostering dialogue on infrastructure financing across Africa.

The report identifies key challenges and opportunities within infrastructure development, offering practical solutions and best practices to propel progress forward.

By shedding light on the challenges and opportunities in infrastructure financing, the report lays the groundwork for efforts to address Nigeria’s infrastructure needs and unlock its full potential.

The report navigates through a spectrum of sectors, providing invaluable insights to stakeholders.

In recognizing the transformative power of private sector financing for infrastructural development, the report highlights the importance of fostering an enabling environment that encourages private-sector participation.

This will help drive innovation, create jobs, and stimulate economic activity, ultimately boosting the economy of the nation.

Coronation Group’s emphasis on infrastructure investment through the creation of more infrastructure funds underscores the importance of addressing the challenges in infrastructure development.

By encouraging private sector involvement, Nigeria can unlock its full potential and drive economic growth and societal advancement.

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