The Ministry of Finance Incorporated (MFI), the federal government’s investment vehicle, says it is determined to work towards a N100 trillion capital target in the next ten years.
MOFI: Nigeria’s strategic vision for sustainable economic recoveryThe ministry of finance incorporated , the federal government’s investment vehicle, says it is “resolutely” working toward achieving a N100 trillion assets base in the next 10 years.
He said the organisation aims to achieve the goal by unlocking liquidity from the country’s idle assets. “It is an irony that successive governments in the country can talk about the country’s total debt portfolio, yet the same cannot be said for the total value of the country’s investments and assets,” Takang said.“MOFI will mobilise, structure and deploy investment capital in priority sectors of the economy on behalf of the federal government as well as accurately enumerate and ascertain the value of assets owned by the federal government.
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