Investment for physical infrastructure: Modular approaches as pathway, By Kolade, Hanien, Dairo & Beinisch

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 78%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Nigeria also needs investment in physical infrastructure for its citizens to fully access the benefits of digital technology.

In other words, digital inclusion has to be a key priority of Nigerian governments at all levels. The ideal of digital inclusion, underpinned by the three key principles of access, adoption and application, encompasses activities through which disadvantaged groups have access and use ICTs to enable them to fully participate in society and enjoy benefits and opportunities like other citizens.

We do not advocate against efforts to mobilise investment in large scale infrastructure. Investment at a massive scale is needed; however, we argue that because there are such high barriers to implementation, it is urgent to explore alternative models to building physical infrastructure that will make Nigeria more globally competitive.

When more attention is paid to local hardware innovation, this can lower the costs of goods to consumers, improve productivity and ultimately Nigeria’s competitiveness. A drawback of the modular approach to supporting local innovation is that, particularly at the early stages, the potential impact is infinitesimal relative to Nigeria’s structural needs. In the GIVO example, one manufacturing unit is estimated to produce only 300 bricks per day.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment in modular refineries would stabilize Nigeria's dwindling economy - Prof IfeProf Ken Ife, a development economist, says the federal government must invest in modular refineries to stabilize Nigeria's economy. Ife disclosed this on
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Indigenous Oil Firm Embarks On Gas Expansion InvestmentAn indigenous oil and gas company, Hyde Energy Limited, is about making fresh investment in the midstream sub-sector of the industrial specifically targeting
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Shareholders approve Custodian Investment’s dividend paymentShareholders have commended the board of directors and management of Custodian Investment Plc for sustaining good performance and payment of dividends on a yearly basis.
Source: MobilePunch - 🏆 8. / 63 Read more »

Understanding Investment Of Dormant Account Balances In Treasury BillsLast week, the Central Bank of Nigeria(CBN) released an exposure draft of the guidelines for the Management of Dormant Accounts, Unclaimed Balances and Other
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Reduce poverty in Nigeria, increase investment in health, OXFAM tells incoming government | TheCableOxfam Nigeria, a non-profit organisation, says the incoming government should take steps to reduce hunger and alleviate poverty in the country. In a statement on Sunday, Vincent Ahonsi, Oxfam country Oxfam E lor F’okan Ba’le. 🇳🇬♾️🫶🏽
Source: thecableng - 🏆 2. / 80 Read more »

Foreign investment inflow is not by chanceTHE news that Foreign Direct Investment inflow into Nigeria fell by 33 percent in 2022 to stand at a measly $468.91 million, the lowest in nine years, is depressing. Gideon Edward Ebiyaburu with account number 3047089007. Two hundred thousand naira payment through POS on the 20/03/2023 ,it was declined but I was debited and the money has not been reversed till now FBN_help FirstBankngr FBN_help FirstBankngr Okay. Meanwhile the issues: 1. Bola Tinubu's 1993 Narcotics Trafficking & Money Laundering Case, n $460,000 Forfeiture 2. 25% in FCT 3. Forged Certificate 4. INEC not following its guidelines 5. Shettima's Double Nomination 6. Election Rigging 7. Dual citizenship You earn it by having the right policies and this government seems to lack the policies that attracts foreign investor. Sad 😭
Source: MobilePunch - 🏆 8. / 63 Read more »