{"id":464387,"date":"2011-07-20T01:24:51","date_gmt":"2011-07-20T01:24:51","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/07\/20\/nigeria%e2%80%99s-infrastructural-deficit-over-200bn-%e2%80%93-oyinloye\/"},"modified":"2011-07-20T01:24:51","modified_gmt":"2011-07-20T01:24:51","slug":"nigerias-infrastructural-deficit-over-200bn-oyinloye","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/07\/20\/nigerias-infrastructural-deficit-over-200bn-oyinloye\/","title":{"rendered":"Nigeria\u2019s infrastructural deficit over $200bn \u2013 Oyinloye"},"content":{"rendered":"
\n

ABUJA \u2013 The Managing Director of Urban Development Bank of Nigeria PLC, UDBN, Mr. Adekunle Oyinloye, yesterday said that Nigeria\u2019s infrastructural deficit is estimated to be in excess of $200 billion (more than N30 trillion).<\/p>\n

In a key note address at the opening of a three-day workshop on \u201cPension funds investment in infrastructure,\u201d organised by UDBN in collaboration with the National Pension Commission, PENCOM, Oyinloye said there was an urgent need for increased private sector participation alongside the public sector in arresting the nation\u2019s infrastructural decay.<\/p>\n

He said: \u201cIt is no longer news that the extent of financing required to bridge the country\u2019s infrastructure deficit surpasses the supply of capital available from government\u201d.<\/p>\n

He added that it was essential for infrastructure investors to access the nation\u2019s N2 trillion plus \u201cpension fund pot\u201d which, he believed, would provide a \u201cwin-win\u201d solution to both pension fund managers looking for long-term steady investment returns and infrastructure sponsors looking for appropriately priced long-term funds.<\/p>\n<\/div>\n

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ABUJA \u2013 The Managing Director of Urban Development Bank of Nigeria PLC, UDBN, Mr. Adekunle Oyinloye, yesterday said that Nigeria\u2019s infrastructural deficit is estimated to be in excess of $200 billion (more than N30 trillion). <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-464387","post","type-post","status-publish","format-standard"],"yoast_head":"\nNigeria\u2019s infrastructural deficit over $200bn \u2013 Oyinloye - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/07\/20\/nigerias-infrastructural-deficit-over-200bn-oyinloye\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Nigeria\u2019s infrastructural deficit over $200bn \u2013 Oyinloye - 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