Nigeria To Present 5 Billion Dollars Project At Investment Summit

Nigeria is to present a 5 billion dollar project at the forth coming Investment Summit in Abuja, Nigeria’s capital.

The summit under the auspices of the Pan- African investment communication group follows the success recorded in the 2007 Pan- African Infrastructure Investor Project Summit.

The project is expected to unearth a number of Nigeria infrastructural project opportunities in energy, oil & gas, transport, ICT and telecoms among others.

 Rationale

Dr Alhaji Bamanga Tukur, Chairman, Africa Investor Forum, said “African investors are responding to President Umaru Musa Yar'Adua's recent call for business to drive the infrastructure investment process in Nigeria, through this summit”.

 Nigeria's infrastructural financing requires about 6 to 9 million dollars per annum over the next 5 years.

The investment summit is scheduled for June 16 to 17, 2008 in Abuja.

 

 

NP/Qasim/G.O.