UK GOVT INVESTS $6M IN INFRACREDIT TO BOOST NIGERIA’S ENERGY TRANSITION, INFRASTRUCTURE. (PHOTO).

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 UK Govt invests $6m in InfraCredit to boost Nigeria’s Energy transition, infrastructure The United Kingdom has announced an investment of $6 million towards unlocking domestic capital for Nigeria’s infrastructure development and energy transition. The investment was made through its MOBILIST programme to support the listing of InfraCredit on the NASD OTC Exchange Plc. The total listing by InfraCredit, Nigeria’s first and only domestic credit guarantor, is valued at N64 billion ($41 million). The company successfully raised NGN27 billion ($17.7 million) in new equity as part of the transaction. The investment from MOBILIST will further enable InfraCredit to expand its guarantee capacity and support a broader pipeline of infrastructure projects across the country. A statement by InfraCredit said the investment addresses this gap by offering Naira-denominated guarantees that enhance the creditworthiness of infrastructure debt instruments, thereby attracting investment from Nigerian i...

GOV. MAKINDE APPOINTS 9 AIDES FOR DEPUTY GOVERNOR .(PHOTO).


MAKINDE APPOINTS 9 AIDES FOR DEPUTY GOVERNOR 


Oyo State Governor Seyi Makinde has approved the appointment of nine aides for the office of the Deputy Governor, Bayo Lawal.

The newly appointed aides to the Deputy Governor as contained in a letter signed by the Chief of Staff, Otunba Segun Ogunwuyi, are:

Ajagbe Yusuf Olatunji: SA (Political)
Sakariyah Kunle Sanni: SA (Administration)
Hassan Ajibade: SA (Legal)
Omoetan Omolere: SA (Print Media)
Badmus Adesola: SA (Domestic)
Oyedeji Ahmed: SA (Public Affairs)
Alhaji Nasiru Ayinde: SA (Projects)
Ajibade Waheed Ademola: SA (Media Online)
Mutalib Adewale: Personal Assistant

The Governor also approved the appointment of Miss Adetola Adedibu as Special Assistant to the Governor on Liaison Office Abuja.

The Governor congratulated the new appointees and urged them to see their appointment as a call to service.

He implored them to discharge their duties with utmost loyalty and all sense of responsibility.

 

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