The federal government has declared that Nigeria’s journey towards sustainable economic growth hinges on building resilient infrastructure that could be facilitated with private partnership funding.
This declaration was made yesterday in Lagos, by the Director General/Chief Executive Officer of Infrastructure Concession Regulatory Commission (ICRC), Jobson Oseodion Ewalefoh, during the Stanbic IBTC Bank Plc’s “Thought Leadership Session” with the theme “Driving Gas and Infrastructure Opportunities in Africa: Focus on Nigeria.”
Ewalefoh said: “Infrastructure forms the foundation of any thriving economy. Without it, a sustainable future remains out of reach.
“Our journey toward sustainable economic growth hinges on building resilient infrastructure. This is more than just a challenge; it is a call to action.”
He added that in as much as the Liquefied Natural Gas (LNG) was a major contributor to the Nigerian economy and plays a vital role in the country’s revenue generation, “there is still a need for more investment in infrastructure, such as pipelines, processing plants, and storage facilities, to fully realise Nigeria’s gas potential.”
He emphasised that, “the government is committed to leveraging private-sector financing to achieve this.”
