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Nigeria lacks private capital to fund infrastructure development – Fashola

Micro Small and Medium Enterprises (MSMEs) form the biggest chunk of Nigeria’s private sector and that is why it can hardly fund infrastructure, Babatunde Raji Fashola, minister for Works and Housing said. About 60 percent of Nigeria’s private sector comprises MSMEs and family-owned businesses, Fashola told BusinessDay in an exclusive interview. This means the private…

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