The Minister of Budget and Economic Planning, Sen. Atiku Bagudu has stated that part of the agenda 2050 for Nigeria is the need for investment of at least $100 billion with over 80% emanating from the private sector.
The Minister stated this during the KPMG Arise Tv budget Day program at the insights centre, KPMG Towers, Lagos.
According to the Minister, the estimated investment needs stem from the Agenda 2050 developed by the Federal government in partnership with subnational governments, the private sector, and civil society groups across the country.
He stated,
The Minister also noted the President’s determination to address issues stifling economic growth across various sectors such as agriculture, power, digital economy, energy, etc.
He mentioned that the N100 billion fund for consumer credit is an initiative in that direction.
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun had earlier stated that the President Tinubu administration is looking towards the private sector to finance infrastructure projects across the country.
