Backbone Infrastructure Nigeria Limited, has concluded plans to invest $172bn to develop various infrastructure sectors in the country. This investment, utilising alternative financing options, will be allocated to mineral resources, energy, agriculture, housing, and transportation sectors for the next 22 years, a statement by the multi-national company said on Saturday. The administration of President Bola Tinubu has openly reaffirmed its commitment to enhancing foreign direct investment inflows into the country, while also promoting alternative financing for the construction of essential infrastructure projects. Last year, the Minister of Industry, Trade and Investment, Doris Aniete,
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