The billions
of dollars investment in the Lekki Free Trade Zone axis of Lagos is being
threatened by the non-availability of appropriate infrastructure that promote
conducive business environment.
This was the
view of the investors on that axis when the Governor of Lagos State, Akinwunmi Ambode, visited the Zone some
days back. The Chairman and Managing Director, Lekki Free Trade Zone
Development Company, Abiodun Dabiri
and Ding Yonghua respectively and
the Managing Director of Lekki Worldwide Investment, Tunde Shodade all maintained that the investors are not able to
explore opportunities to make their investment impactful and have the needed
return on investment because they are being limited by lack of infrastructure.
They listed
dilapidated and inaccessible roads, lack of water, inability to take possession
of some land and funding as the challenges they are grappling with. They are
however happy that the governor was willing and open to helping them in
tackling the issues.
Governor Ambode
said with the ongoing construction of seaport, airport and others, it is
obvious that a single road isn’t sufficient for the zone. He maintained that
the state government would ensure that the project is actualised, as it was
ready to make the Eastern axis of Lagos, the economic hub of the state.
(Guardian)
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