Hareter Babatunde Oralusi, an impact investment advocate and Executive Chairman of the Nigerian Capital Development Fund (NCDF), speaks with GEOFF IYATSE, on how local government autonomy would stimulate grassroots investments.
There was so much hype about the Nigerian Capital Development Fund (NCDF) some years ago, but it has been very quiet. At some point, people thought it was a public initiative. What has happened?
Well, it was never a government institution, but it was proposed to be in partnership with the government, to support the government in achieving its developmental objectives. There is no country in the world where government alone can solve all the problems. There are private sector institutions designed to support the government, which becomes their sole business model. We had administrations who provided support and are willing to partner for faster delivery…
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