Nigeria's Infrastructure Boom: Groundbreaking N100bn Fund Launched

Transforming the Nation’s Future
In an inspiring move towards addressing Nigeria’s pressing infrastructure financing gap, First Asset Management—one of the nation’s leading investment powerhouses—has set a new standard by launching its N20 billion Series 1 Offer. This marks the beginning of a larger N100bn FBN Infrastructure Fund Programme, designed to redefine investment opportunities in Nigeria.

Fostering Economic and Environmental Growth
The Fund is purposed to channel sustainable capital into essential sectors such as renewable energy, power, recycling, waste management, and water resources. This visionary step aligns with Nigeria’s potential for economic transformation while prioritizing environmental sustainability and fostering a positive social impact.

Visionary Leadership for Strategic Impact
Mr. Ike Onyia, the Managing Director of First Asset Management, highlights this initiative as a strategic focus for nurturing national development. “This launch is a bold advance toward supporting projects that unlock economic potential, empower communities, and align with the global drive toward sustainable finance,” says Onyia. According to New National Star, it is a significant step forward for Nigeria.

Collaborative Efforts for National Success
The ten-year fund issuance underscores a commitment to collaborative projects between private and public sectors. With an investment starting at N10,000,000.00, it seeks to engage qualified investors in a venture that promises long-term returns while contributing substantially to jobs creation, social welfare, and environmental improvement through ESG principles.

A Call to Visionary Investors
With its attractive investment structure, the Fund aims to reach pension funds, development finance institutions, institutional investors, and high-net-worth individuals eager to blend financial gains with tangible national progress. This initiative underlines the significance of embracing sustainable practices in the investment landscape while directly contributing to job creation and enhanced productivity in Nigeria.

Pioneering a Prosperous Future
First Asset Management reasserts its role as a catalyst in reshaping Nigeria’s financial landscape through pioneering efforts like the FBN Infrastructure Fund. The fund not only offers fiscal growth but also champions Nigeria’s development priorities, laying a foundation for a robust trajectory of enduring national growth.