Tag
Today, a new generation of Nigerians live through the country’s prolonged battle with two of its biggest socio-economic deficiencies – a protracted housing deficit and recurrent budget deficits.
#DailyDataCard: Real estate GDP growth sees steady decline in five years
Since its inception in 2012, the National Sovereign Investment Authority (NSIA) has focused on enhancing the development of five key infrastructural sectors. They include; agriculture, healthcare, motorways, real estate and power. According to NETI’s recent report as of 2016, NSIA had made a capital contribution of $1,277, 653 in agriculture, N16,111,308 on the second Niger bridge and about N3,000,000,000 on Nigeria equity and shares. While the majority of its investments have been on agriculture, healthcare, motorways and real estate, no investment has been made in power infrastructure despite the strategic importance of power to Nigeria’s economy.
