…Days lack of bankable projects, not capital, is Nigeria’s biggest investment challenge
Doris Uzoka-Anite, Minister of State Budget and Economic Planning, has said that Nigeria’s ambition to build a $1 trillion economy will depend more on the availability of well-prepared, bankable projects than on access to capital, arguing that the country’s biggest investment challenge is not a shortage of funds but a shortage of investment-ready opportunities.
The minister stated this while speaking at the presentation of the 2025 Annual Development Impact Report of the Bank of Industry (BOI) on Thursday in Abuja.
Uzoka-Anite, who represented Abubakar Atiku Bagudu, Minister of Budget and Economic Planning, said Nigeria’s future would be determined not by the resources available to the country but by the choices made in deploying them.
Highlighting one of the country’s major constraints, Uzoka-Anite said the availability of finance was not the primary obstacle to investment.
