The adequate supply of infrastructure services is an essential ingredient for productivity and growth in any economy. Much of the current international debate on ways to spur growth, reduce poverty, and improve the quality of human life in low-income developing countries has been centered on the need to promote large scale increase in public/private sector investments in infrastructure. Nigeria has the potential to house a large number of the world's investments, however due to a lack of infrastructural development, this potential has not been showcased to its full extent. The deplorable state of infrastructure and the poor state of repairs and maintenance are evident in electricity, roads, railways and water facilities. The unconvincing state of the infrastructure in the country is as a result of the following: reduction in government spending on infrastructure, vandalization of existing infrastructure, corruption, bureaucratic bottlenecks and delay in maintenance and repairs of damaged facilities. Infrastructure deficit has decimated Nigeria's growth potentials and made doing business difficult and restrictive. For Nigeria to realize its growth potentials, a fully structured and sustainable infrastructure financing policy is essential. Infrastructural development(s) can be financed through domestic savings or foreign direct investment.