Author Topic: How Nigeria Can Become Economic Hub  (Read 185 times)

Offline furtune

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How Nigeria Can Become Economic Hub
« on: May 14, 2013, 06:16:29 AM »
How Nigeria can become economic hub

Nigeria may be excluded from global business if it fails to develop core infrastructure that will position it as a global economic hub, Lagos State Commissioner for Works and Infrastructure, Dr. Obafemi Hamzat, has said.

Delivering the Third Distinguished Lecture Series of the Think Oyo group in Ibadan, Oyo State, entitled: Infrastructure: a critical ingredient for development, Hamzat said transport facilities ? roads, rails, ports and airports ? have only limited cargo handling capacity.

He said though Nigerians travel alot, there were no facilities to handle high capacity plans.

Hamzat also said Nigeria has significant infrastructure deficit with a fast growing population and stunt in growth of infrastructure, urging the Federal Government to address issues of development quickly.

The Commissioner noted that the infrastructure inadequacy has also worsened the unemployment situation in Nigeria, adding too that the low quality infrastructure has resulted in such social consequences as family disintegration and social dislocation.

Highlighting the state?s experience on key projects, Hamzat said the dearth of skilled artisans, such as welders had slowed delivery of projects.

He added that most skilled artisans and would-be artisans had taken to Okada riding business; a situation being addressed by the restriction on their areas of operation and the skill acquisition and vocational training centres.

On the possibility of Southwest integration, Hamzat maintained that a condition of equilibrium must be reached wherein states involved quickly upgrade infrastructure to a level of equality prior to such integration.

He said there was a collaboration between the states of the region.

He further urged investment in maintenance to ensure that facilities reach their optimum at all times, adding that there would be challenges as long as built infrastructure are neglected.

Hamzat urged the Southwest governors to explore the possibility of alternative road infrastructure that will ensure people move freely and faster while also creating jobs.

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How Nigeria Can Become Economic Hub
« on: May 14, 2013, 06:16:29 AM »

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