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Nigeria’s infrastructure company (Infra-Co), which is expected to grow to N15trn ($37bn) in assets and capital in the next few years, will go a long way in helping to raise capital from private investors and transforming the power sector, says Kola Adesina, group managing director at Sahara Power Group, an energy and infrastructure company.
“With the understanding that the funds will be made available and injected into infrastructure projects in the country at favourable rates and tenure, Sahara Power will seek to take advantage of arrangements of this nature that will support long term investments and help in the development of infrastructure project[s] in the power sector,” he says.
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