The launch of the Renewed Hope Infrastructure Development Fund aims to raise about N20 trillion for investment in critical sectors such as the real sector of the economy, transport, social services, agriculture, and ICT among others. The Fund seeks to support projects that promote growth, enhance local value-addition, create employment opportunities, and promote exports.
The projects to be targeted by the Fund include the construction of the Lagos-Calabar Coastal Highway, which kick-started recently. Others are the Sokoto-Badagry Expressway, Lagos-Kano Expressway, the Eastern Rail Lines, and the modernisation of ports and aviation facilities across the country.
