Nigeria’s Sanusi urges innovative infrastructure financing

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Sanusi Lamido Sanusi, the governor of the Central Bank of Nigeria, on July 18 highlighted the need for Nigeria to reduce its "infrastructural deficit", saying it costs African countries an average of 2% of GDP each year.

Speaking at the third Infrastructure and Regulatory Commission forum in Abuja, Sanusi said Nigeria needed to spend $10 billion a year to correct for the deficit.

However, "the scope for making investments of the required scale is severely constrained by government finances", he

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