May 15 2012
Nigeria’s economy ‘ll collapse unless… – Sen Eze
By Henry Umoru & Favour Nnabugwu
Speaking further, Senator Ayogu said the place of road infrastructure was important to the development and growth of the economy.
“If we are developing federal roads and the states and local governments are not collaborating with us, the road development efforts will not be robust and sustainable,” he added.
Meanwhile, the Minister of Works, Mike Onole-memen, said yesterday that if Nigeria must be one of the top world 20 economies as well as achieve its targeted Vision 2020, Nigeria’s road infrastructure must grow from its present 194,000km to about 300,000km.
Onolememen also warned that if Nigeria must get there, there must be a paradigm shift in the development of road infrastructure in the country.
He said: “For Nigeria to be among the first 20 economies in the world, our road infrastructure needs to grow from 194,000km to about 300,000km. “This will require huge investments by all the three tiers of government and the private sector.”
According to the Works Minister, the purpose of encouraging attitudinal change in policy formu-lation, management and funding of the road sector is to promote the development of good roads that can truly serve as the economic arteries of the nation.
Viewed 864 times by 349 viewers
0







