- Says Vandalisation of National infrastructures and business assets undermining investor confidence
By Henry Umoru, Abuja
THE Ashcraft Centre for Science Research yesterday took a swipe at the Niger Delta Development Commission (NDDC) that was established to provide basic Infrastructural development for the people of the Niger Delta region, saying that the agency has failed to meet its set objectives.
Speaking to Journalists yesterday in Abuja on the forthcoming South – South Zonal Stakeholders Summit with the theme, Domesticating Stakeholders Statutory Responsibilities in Protecting Nigeria’s Critical Infrastructures and other Assets”, Chief of Strategic Planning and Innovations, Ashcraft CSSR, Dr Chiakor Alfred, said that what was required in the country today is to safeguard the nation’s infrastructure for the country’s integrity among other nations of the world.
Alfred who noted that vandalization of the country’s infrastructure runs into hundreds of billions of naira, however lamented that the vandalisation of critical national infrastructures and business assets Nigeria has undermined very greatly investors’ confidence.
According to him, this to a very large extent was putting an end to the drive for Foreign Direct Investment, social capital growth, real business development as well as truncating real progress in other sectors of the national economy, adding that the consequences of these criminal activities constitute adverse national security risks of untold proportions and impact our collective destiny gravely adding that hundreds of billions of Naira are lost every year as a result of vandalisation of critical infrastructure.
Alfred who observed that one of the most worrisome challenges to Nigeria’s national economic development is the systematic vandalisation, degradation and destruction of its critical national infrastructures and business assets, said that this is “to give further publicity, through the print, electronic and social media, on the forthcoming South – South Zonal Stakeholders Summit on: “DOMESTICATING STAKEHOLDERS STATUTORY RESPONSIBILITIES IN PROTECTING NIGERIA’S CRITICAL INFRASTRUCTURES AND OTHER ASSETS,” The Summit shall hold at the Atlantic Hall, Hotel Presidential, Aba Road – Port Harcourt, on 25th and 26th July, 2022.
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