NIGERIA'S infrastructure industry is expected to see yearly average real growth of seven per cent between 2013 and 2017 within its construction sector.
International watchdog - Business Monitor International (BMI), which made this disclosure in its second quarter 2013 infrastructure report released recently, attributed this expected growth to the on-going unbundling and privatization of the Power Holding Company of Nigeria (PHCN).
But, the report however highlighted the risks that may hamper the implementation of major projects, ranging from deep-rooted corruption; violence perpetrated by militant Islamists and retaliatory forces, and a vast yet still inefficient bureaucracy.
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