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United Capital Infrastructure Fund Highlights Need for Naira Based Financing for Infrastructure

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The United Capital Plc has emphasised the importance of long term naira denominated capital in addressing Nigeria’s growing infrastructure financing gap. The company made the call while highlighting the role of the United Capital Infrastructure Fund in supporting major development projects across the country.

According to industry reports from Agusto and Co and the African Development Bank Nigeria requires about one hundred billion dollars every year to close its infrastructure deficit. The funding is needed for critical sectors including power transport water systems and road networks.

Speaking on the development the Group Chief Executive Officer of United Capital Plc Peter Ashade said long term local currency funding remains essential for sustainable infrastructure development in Nigeria.

He explained that the United Capital Infrastructure Fund was created to help bridge the financing gap by mobilising long term capital for key infrastructure projects that support economic growth and deliver lasting value for investors.

Ashade added that the demand for the fund’s investment solutions continues to increase as more investors recognise the opportunities in infrastructure financing across Nigeria and other parts of Africa.

The infrastructure debt fund which is licensed by the Securities and Exce Commission Nigeria reported strong financial performance in 2025. It delivered a gross return of 24.62 percent and recorded total income of three point zero six billion naira during the year.

Commenting on the performance the Chief Investment Officer and Fund Manager at the fund Uchenna Mkparu said the strong results reflect growing investor confidence and the increasing role of private capital in financing major infrastructure projects.

According to him the fund achieved a 54.5 percent increase in total income year on year driven by the performance of its diversified infrastructure loan portfolio.

He added that the fund remains focused on supporting projects with predictable and sustainable cash flows while promoting investments that improve energy access reduce carbon emissions and support broader economic development across Nigeria.

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