Federal Government approves another Investment Fund to lift 100 Million Nigerians out of Poverty

Yesterday the Federal Executive Council (FEC) under the Chairmanship of President Buhari approved the establishment of the NIGERIA INVESTMENT AND GROWTH FUND (“NIG-Fund”). It will be structured like a private equity fund & invest in commercially viable projects in priority sectors.

The new NIGERIA INVESTMENT AND GROWTH FUND (“NIG-Fund”) will raise financing from DFIs, pension funds, insurance companies, SWFs, private sector investors, family offices, Nigerians in diaspora, endowments etc.

One highlight of the #NPRGS is a proposal—also APPROVED—for the establishment of a Nigeria Investment and Growth Fund #NIGFund, which will invest in commercially viable projects that will promote growth and innovation, enhance local value addition, create employment, promote exports.

HEY THERE: Are you looking for a WhatsApp TV where you can find great memes, funny videos, and trending gists, even with several opportunities with cash prizes? Then look no further. LOP TV is here to bring to you this top-rated content. JOIN LOP TV now

AD PACKAGES: Push your business to the face of over 8,000 people from as little as #1,000.

---

DISCLAIMER: Do not pay or release sensitive financial details to any organizer/recruiter unless futher verified from your end.