AfDB invests $1.44bn in Nigeria's infrastructure, focusing on energy, transport, water, and sanitation.

African Development Bank (AfDB) invests $1.44bn in Nigeria's infrastructure, targeting energy/power, transport, water, and sanitation. The goal is to address the country's infrastructure deficit, which hinders non-oil production diversification and international competitiveness. The investment is part of a $2.3 trillion total investment needed between 2020-2043, as per Nigeria's 2020 National Integrated Infrastructure Master Plan.