Sanusi Advocates Low cost, Long term Infrastructure Financing

The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has reiterated the need for long-term infrastructure financing, available at low-cost for the development of the Nigerian economy. A statement from the Head, Corporate Communications, CBN, Mr. Mohammed Abdullahi, revealed that Sanusi made this remark on Monday, at the London School of Economics (LSE), where he was the guest lecturer at the annual Sir Patrick Gillam Lecture Series.

In his presentation titled: “The Global Crisis and the Nigerian Economy: The Central Bank of Nigeria Responses”, the CBN governor noted that the economy was still plagued by some daunting challenges despite the robust economic growth. According to him, these challenges had slowed down the transmission of such growth indices to higher employment opportunities.


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