Nigeria’s infrastructure investment potential

Nigeria is rapidly advancing and scale of real growth stands second only to government plans. Key supporting factors will be the huge, young and urbanised population, large oil and gas reserves, an increasingly diversified economy and enormous transport infrastructure projects.

Compared to many of its African peers, Nigeria has relatively advanced infrastructure networks that cover extensive areas of the nation’s territory. It is inadequate though and has been described as one of the leading impediments to the country’s growth.

Nigeria’s infrastructure challenges, though substantial, are not daunting given the strength of the national economy. Due to its abundant petroleum revenues, Nigeria is better placed than many of its African neighbours to increase the share of fiscal resources going to infrastructure.

PwC

Africa gearing up


Nigeria

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