How NDDC Can Boost Nigeria’s Non-Oil Economy if They Get PPP Right, Johnson Kilangi Reveals
- The Niger Delta Development Commission (NDDC) has been applauded by Johnson Mwawasi Kilangi, the Founder and Chief Executive Officer of Miundo Misingi Hub
- He praised the NDDC management for putting together a summit to discuss how to deploy infrastructure assets and services with the private sector
- Johnson said that time is ripe for the region to leverage on private sector resources and innovation to develop sustainable infrastructure
Abuja, Nigeria: Johnson Mwawasi Kilangi, founder and chief executive officer of Miundo Misingi Hub, an infrastructure Hub based in Nairobi has applauded the NDDC management for putting together a summit to discuss how to deploy infrastructure assets and services with the private sector.
According to Johnson in a statement made available to Legit.ng in Abuja, the summit came at a time when many countries are struggling to meet the ever expanding infrastructure financing requirements, exacerbated by the impacts of the Covid-19 pandemic.
He said that time is ripe for the region to leverage on private sector resources and innovation to develop qualify, affordable and sustainable infrastructure for the citizens. He however notes that this will not be possible if the region does not build an ecosystem that allows such private sector solutions to thrive.
Source: UGC
He insisted that there is urgent need for the region to enhance the PPP framework so as to instill confidence in the private sector. According to him "capacity still remains a challenge, there is need for the region to realign capacity building initiatives to ensure they resonate with the needs of the region.
PAY ATTENTION: Join Legit.ng Telegram channel! Never miss important updates!
Johnson added that the region needs to tap locally available resources to cater for the infrastructure needs of the region. The local market might not be advanced for now, but we can start with relatively smaller projects that can attract local financing. Governments can come in where necessary to incentivize local financing to flow to these projects.
He recommended that the region can leverage on green financing sources in the globe to build clean and sustainable infrastructure projects.
"You have dubious intentions": Diaspora group cautions NDDC chairman Ms Lauretta Onochie
Meanwhile, the Niger Delta Diaspora Professionals Forum (NDDPF), a global platform of professionals from the Niger Delta region has reacted to the recent comments credited to the chairman of the Niger Delta Development Commission(NDDC) Ms Lauretta Onochie after the signing of a Memorandum of Understanding (MOU) with a company based in the United States of America.
In a press release signed by the organisation's Acting Secretary, Dr. Kingsley Obot, and mede available to Legit.ng, the group described Ms Onochie as individual who has dubious intentions but masquerades as a promoter of good governance.
Recall that Onochie has declared as “illegal, null and void,” a $15 billion railway line agreement signed between the commission and a United States-based company.
"Yahoo Yahoo abracadabra": Timi Frank condemns $15bn Railway MoU by NDDC’s MD
Recall that Comrade Timi Frank has condemned a Memorandum of Understanding (MoU) for a $15billion Trans-Niger Delta Railway Project.
The MOU was entered into by the managing director of the Niger Delta Development Commission (NDDC), Samuel Ogbuku, with Atlantic Global Resources Inc.
Frank in a statement made available to Legit.ng in Abuja described the action of the NDDC’s MD as illegal and a Yahoo Yahoo abracadabra, that is fraudulently laced with deceitful intentions aimed at siphoning the resources of the commission.
Source: Legit.ng
