Nigeria’s Economic Recovery Growth Plan and the Outlook for Infrastructure

  • Published:Tuesday, April 25, 2017


Nigeria’s infrastructure construction sector will rebound in 2017 due to higher government spending, greater international borrowing, improvements in security, and better budget execution under the recently launched Economic Recovery Growth Plan (ERGP) 2017-2020.

However, challenges remain: a weakening currency, shortages of US dollars, and regulatory uncertainties will continue to negatively impact the sector.

 

The ERGP 2017-2020 builds on the Strategic Implementation Plan (SIP) for the 2016 Budget and covers strategies required to boost infrastructure investment and revive economic growth. The government estimates that it needs to invest US$3 trillion in infrastructure over the next 30 years. Given the scale of capital investment required to implement this plan effectively, the private sector is anticipated to play an important role in delivering infrastructure projects either directly or in collaboration with the government.

 

To download the summary, please complete the request form opposite. Once submitted, you will see an option to ‘Download’.


Download copy

Finally, complete a quick security check and confirm terms and conditions:

Captcha

I have read and accept the Terms & Conditions and Privacy Policy.

Timetric occasionally shares data, on a secure basis, with other reputable companies who may wish to contact you with information about products and services. If not required please uncheck this box.

Submit Download