Elumelu urges FG to address $14bn infrastructure deficit in Nigeria

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The Chairman, Heirs Holdings Limited, Mr. Tony Elumelu, called on the Federal Government to speedily address the $14bn annual infrastructure deficit in the country, stating that it was the single greatest impediment to business.

He stated that the infrastructure challenge had become a source for concern as the country was in need of critical transportation system such as roads and railways, which facilitate businesses.

Elumelu added that a country without efficient, affordable and accessible transport systems to facilitate the movement of people and goods from one place to the other would have difficulties attracting investors.

He stated that the gap in infrastructure had provided discerning investors with huge opportunities to partner the government in addressing the deficit.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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