Emefiele: N15tn Infrastructure Company to Take off Third Quarter Ndubuisi Francis in Abuja The N15 trillion Infrastructure Company Limited (InfraCo), created by the federal government to bridge the nation's huge infrastructure gap is to take off in the third quarter of the year, the Governor of
Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has said. Emefiele spoke yesterday at an investors’ webinar designed to showcase the investment opportunities in Nigeria’s privatisation and economic reforms programmes, organised by the Bureau
of Public Enterprises (BPE) in collaboration with the Nigerian Investment Promotion Commission (NIPC) and the Nigerian Exchange Group (NGX). Vice President Yemi Osinbajo also said at the event that although the government's
economic reforms had paid off in telecommunications, pension and maritime sectors, the current administration was making efforts to address the challenges in the power sector privatisation. Investors in the N15 trillion InfraCo include the CBN,
Nigeria Sovereign Investment Authority (NSIA) and Africa Finance Corporation (AFC). In his goodwill message at the webinar, Emefiele said the federal government had approved KPMG as the financial adviser to InfraCo, adding that the firm is expected
to commence operations in the third quarter of 2021. He stated that for Nigeria to attain meaningful growth, there must be huge investments in key sectors of the economy, including infrastructure such as Continued on page 43
Public Opinion Prevails as Senate Rejects Onochie’s Nomination...Page 41 Wednesday 14 July, 2021 Vol 26. No 9592. Price: N250
www.thisdaylive.com TR
UT H
& RE A S O
N
GTCO COMES ONBOARD… L-R: Chairperson, NGX Regulation Ltd, Mrs. Cathy Echeozo; Non-Executive Directors, GTBank Nigeria, Mr. Hezekiah Oyinlola and Mr. Ibrahim Hassan; Group Chief Executive Officer, Guaranty Trust Holding Company Plc, Mr. Segun Agbaje; Chief Executive Officer, Nigerian Exchange (NGX) Limited, Mr. Temi Popoola; the bank’s outgoing Chairman, Mrs. Osaretin Demuren; Executive Director, Mrs. Miriam Olusanya; Non- Executive Director, NGX Ltd., Mr. Seyi Osunkeye; and other officials during the closing gong ceremony to mark the listing of GTCO Plc on the NGX in Lagos…yesterday
Buhari Reviews Nation’s State, Says Nigeria Lucky to Remain One Urges politicians to respect people’s right to choose their leaders Vows to end insecurity
Deji Elumoye in Abuja President Muhammadu Buhari yesterday reviewed the state of the nation and said Nigeria,
in spite of its numerous challenges, is lucky to remain one indivisible entity. "We are a lucky country and should congratulate
ourselves, despite challenges that could have torn us apart," the president told a delegation of the House of Representatives that went to see him at the
Presidential Villa, Abuja. Buhari spoke while receiving the report of the National Security Summit of the House from the Speaker, Hon. Femi
Gbajabiamila, and said the citizens' right to freely choose their leaders during elections, irrespective of party affiliation or religion must be respected.
“Our leaders must respect the people, from the lowest to the highest, so that it becomes a duty to them (the people) to Continued on page 43
Editors Eulogise Osoba, Obaigbena for Worthy Service to Media...Page 5