The International Finance Corporation says it plans to send a mission to Nigeria to explore investment opportunities in livestock, energy and housing.
The announcement was made by Makhtar Diop during a meeting with Bola Tinubu at the 13th Africa CEO Summit in Kigali.
Diop said the IFC is seeking ways to attract private capital into key sectors of Nigeria’s economy to support growth, job creation and regional trade. He also praised recent economic reforms introduced by the Tinubu administration, including fuel subsidy removal and the unification of the foreign exchange market.
President Tinubu said Nigeria is ready to work with private investors to improve infrastructure and strengthen institutions. He also called for African pension funds to play a bigger role in financing development projects across the continent.
Meanwhile, the Livestock Productivity and Resilience Support Project says it has reached about 1.4 million beneficiaries in 20 states under its livestock development programme.
National Coordinator, Abubakar Sanusi, said the project is part of the federal government’s plan to improve livestock production, food security and rural livelihoods across the country.
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