Infrastructure development is very critical to achieving human capital development in any society. The economic impact that infrastructure improvement has on any nation building cannot be over-emphasized as the growth of any country’s economy hugely depends on the status of her infrastructure. The dearth of needed infrastructure in a given society places serious limitation on human capital development. The major objective of this study is to critically analyse different and alternative scenarios that Nigeria as a country can utilise to finance infrastructure across the country. Scenarios to be analysed include: loans (domestic and foreign); as well as Public Private Partnership (PPP). This study is a desk research. All information and data presented and analyzed are secondary in nature from different national and international sources. These sources include: The Central Bank of Nigeria; The Budget Office of Federation; Debt Management Office (DMO), African Development Bank (AfDB), The World Bank Development Indicators (WDI), the Central Intelligence Agency – The World Factbook, relevant extant Laws and Policies, newspapers articles, studies by other authors on the subject, etc.