The nation’s numero uno, President Muhammadu Buhari has said that lack of capital inflow from investors, especially those outside the country is a serious challenge for Nigeria.
The President made this known on Thursday at the Nigerian International Economic Partnership Forum on the sideline of the United Nations General Assembly in New York.
According to him, private capital which flows into Nigeria consisting mainly of foreign direct investment has slowed the financing of much-needed infrastructure and natural resources access projects.
He said a key strategy being adopted was the integrated national financing strategy which sought to identify ways to expand the financing envelope of the sustainable goals in Nigeria, adding that the private sector will play a significant role in this strategy.
