RADP / Pulse Nigeria > News > business

Government sets guidelines for infrastructural development investment

chika ebuzor

May 20, 2015 7:57 PM

It is critical that Nigeria is able to activate long term funds to enable infrastructure developments to meet our needs, therefore we are here so we can work with the sector.

National Pension Commission sets guidelines for infrastructural development investment

The National Pension Commission is courting development and financial institutions in a bid to partner with them on long term financing of critical development projects

The commission is putting finishing touches to a regulatory framework that will guide the investment of pension funds on infrastructural development.

Speaking on the new initiative, The Director-General, National Pension Commission (PenCom), Mrs. Anohu-Amazu said “It is critical that Nigeria is able to activate long term funds to enable infrastructure developments to meet our needs, therefore we are here so we can work with the sector and the financial services industry locally and globally to develop products that will meet the urgent needs of our citizens.”

She said this, while presenting a paper as a panellist, at the Milken Institute Global Conference 2015 held in Los Angeles, California, United States.

chika ebuzor

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!