• Contact Us
  • About Us
Tuesday, July 21, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Expert tasks FG on infrastructure development

metro by metro
December 3, 2018
in Economy
0
0
SHARES
0
VIEWS

A town planning consultant, Mr Olaide Afolabi, on Monday called on the Federal Government to formulate policies that would facilitate infrastructure and property development in the country.
Afolabi, a former President of the Association of Town Planning Consultants of Nigeria (ATOPCON), made the call in an interview with the News Agency of Nigeria (NAN) in Lagos.
He said there were huge gaps in the areas of infrastructure, power, housing and construction that needed to be filled.
According to him, investment in infrastructure will make the manufacturing sector to thrive and attract Foreign Direct Investment (FDI) that will create more jobs.
He said that the problem of housing also remained a critical challenge in the country, which required concerted effort to address effectively.
“Infrastructure may not be a factor of production, but it is a condition for higher rates of economic growth; infrastructure is the backbone of any economy, as no economy can develop in the absence of reasonable stock of critical infrastructure.
“The citizens cannot make the best use of their resources if some key physical infrastructure like irrigation, transport, and communications and support services are inadequate.
“It has been observed that rise in population and spontaneous increase in its size in most cities in the country has lead to acute shortage of decent and affordable dwellings.
“This has led to diverse urban problems ranging from overcrowding, deplorable environment and living conditions, inadequate infrastructure, homelessness, and several others.
“There is a need for formulation and implementation of good policies through the application of appropriate development strategies that could enhance optimal utilisation of existing resources.
“There is a need for renewed collaboration and commitment among the stakeholders in housing and urban development in Nigeria,” he said.
The ATOPCON ex-president said that a responsive infrastructure/housing policy must be in consonance with the existing national and socio-economic realities of the country, in order to achieve sustainable development.
“In this regard, relevant urban and housing development strategies should be identified and integrated to form part of the existing housing policies,” he said.
Afolabi noted that the existing policies should be reviewed and reinvigorated to ensure adequate infrastructure development alongside housing delivery and the overall urban development.

Read Also

Food Inflation, Geopolitical Risks, Others May Push CBN Towards Another Rate Hold – FDC, CIBN

Nigeria Ranks 55th Globally, Leads Africa In IMD Economic Performance, Slips In Overall Global Competitiveness

World Bank Approves $27m Performance-Based Grants For 20 Nigerian States

Tags: ATOPCON
Previous Post

Alleged N25bn fraud: Court fixes Jan. 16 for adoption of final addresses in Goje’s case

Next Post

Shell sets carbon cut targets after investor pressure

Related Posts

CBN
Economy

Food Inflation, Geopolitical Risks, Others May Push CBN Towards Another Rate Hold – FDC, CIBN

July 19, 2026
Elumelu Meets Tinubu In Aso Villa, Says President’s Policies For Nigerians’ Interests
Economy

Nigeria Ranks 55th Globally, Leads Africa In IMD Economic Performance, Slips In Overall Global Competitiveness

July 1, 2026
Economy

World Bank Approves $27m Performance-Based Grants For 20 Nigerian States

July 1, 2026
Households Earning Less Than N250,000 Or Less Monthly Won’t Pay Tax-Oyedele
Economy

Ekpo Blames Economic Managers For Nigeria’s Inability To Achieve Sustained Economic Growth

July 1, 2026
Next Post

Shell sets carbon cut targets after investor pressure

Three Chinese Nationals Arrested Over Alleged Illegal Mining In Nasarawa

Three Chinese Nationals Arrested Over Alleged Illegal Mining In Nasarawa

July 20, 2026
‘They Are After My Life, I’m Not Safe’ – Alleged Fake Presidential Council Boss Breaks Silence From Hiding

Gbajabiamila Appears Before ICPC Over Alleged Fake Presidential Agency Probe

July 20, 2026
Houthis Announce Saudi Naval Blockade, Threatening New Front In US-Iran War

Houthis Announce Saudi Naval Blockade, Threatening New Front In US-Iran War

July 20, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version