Project Finance in Nigeria: Leveraging Step-In Rights to Secure Lender Investments

Project Finance in Nigeria: Leveraging Step-In Rights to Secure Lender Investments

Project Finance in Nigeria: Leveraging Step-In Rights to Secure Lender Investments

INTRODUCTION Nigeria’s financial system is skewed towards short-term financing, making it difficult to obtain long-term funds for project and infrastructural development. Infrastructure includes development projects which may be financed by the government or by the private sector (or both) designed to support economic growth and improve essential services. Nigeria as an emerging market, faces significant challenge […]