The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has sought stronger public private partnerships (PPPs), dormant capital like the pension funds to address the country’s $2.3 trillion infrastructure financing gap.
NACCIMA National President, Jani Ibrahim, stated this yesterday at the launch of the maiden edition of the Nigeria Infrastructure Conference (INFRACON 2026), in Abuja.
He said: “What we are saying is that the private sector should lead because government cannot do it alone. We are looking a dormant capital sitting idle, pension funds and insurance funds are not doing anything.
“We need to see how these capitals can be released for economic development and NACCIMA is leading that charge and we are very committed.”
Ibrahim said INFRACON was conceived following extensive consultations with businesses across Nigeria, which consistently identified poor infrastructure as one of the greatest impediments to competitiveness, industrialisation and economic growth.
