NAN-HE-9
Infrastructure
By Simon Akoje
Lagos, Dec. 13, 2016 (NAN) An industrialist, Mr Kuti George, on Tuesday urged the Federal Government to fix the ailing infrastructure which was impeding the expansion of manufacturing companies in the country.
George, the chairman, Nigerian Association of Small Scale Industrialists (NASSI), told the News Agency of Nigeria (NAN) in Lagos that the slow pace of expansion of manufacturing was linked to infrastructure gap in the economy.
He said it was appalling that there was no clear cut road map in fixing the infrastructural gap contending with businesses.
“It is disturbing that infrastructure such as modern railway networks cannot be seen in the country, considering the size of the economy,’’ George said.
He also urged the government to address the challenges of electricity by developing other sources such as renewable energy.
“Harnessing the prospect of renewable energy can be the solution to the problems confronting industrialisation in the country.
`This model has been used successfully in other advanced countries, and we cannot be an exception to this,’’ the NASSI chairman said.
He said that an industrial park could transform and bring economic development to various parts of the country.
“The need for an industrial park will lead to the emergence of new businesses and unemployment challenges will be gradually resolved.
“Even, the vicinity where the parks are situated will witness unprecedented development,’’ George said. (NAN)
STA/ENN/GOK
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Edited by Edwin Nwachukwu/Olagoke Olatoye