Quantity Surveyors to proffer solution to Nigeria’s $2.9 trillion infrastructure gap

November 20, 2013 6:44 PM

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WorldStage Newsonline-- The Nigerian Institute of Quantity Surveyors ( NIQS) has concluded plans to assemble experts from the public and private sectors together to proffer solution to the country's $2.9 trillion infrastructure gap at its 25th biennial meeting and conference in Abuja,

NIQS President, Agele Alufohai said at a press briefing on the conference that government investment can hardly make a dent on the vast infrastructure deficit.

He noted that the conference would consider the issues directly relevant to improve the design, governance and delivery of infrastructure Public Private Partnerships in Nigeria.

He said that the theme of the conference is "Nigeria's Quest for Investment and Growth: Releasing the a potential of Infrastructure Public Private Partnerships."

He explained that its intention for the conference on PPP was to enrich discussion about how Nigeria could attract local and international private investments in infrastructure.

The President noted that the institute is of the belief that PPPs and the Millennium Development Goals could be pro-poor; as low-income Nigerians suffer in many ways from poor infrastructure.

"These low Levels of employment, high-cost of transportation and excessively long times, lower quantity of life. An economy that is endowed with infrastructure is one that attracts investments, is more efficient and creates jobs faster and in greater numbers," he said.

Source: worldstagegroup.com

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