Worldstage Limited, one of Nigeria’s research and technology-driven Africa-focused companies with expertise in multidimensional communication services, has stated that discussions at its WorldStage Economic Summit 2022 will focus on the nation’s infrastructure deficit and how to reduce it to barest minimum in the years ahead.
According to a statement by the company, the objective of the summit with the theme ‘Nigeria’s Economy: Bridging the infrastructural Gap’, will proffer solutions that would significantly help at improving prospects of achieving the nation’s economic potential.
The organizers further disclosed that the Summit, which is scheduled to hold virtually and physically in Lagos, would feature Dr. Oluseye Ajuwon, a lecturer in Economics at the University of Lagos as the lead paper presented.
The statement said policy makers from the Federal Government, state governments, National Assembly, private sector, and the academia, would deliberate on values-driven, high-standard, and transparent infrastructure partnership among other issues.
Worldstage further clarified: “Nigeria is currently facing huge infrastructural gap that has hindered desire to exploit its rich natural andk human resources to stimulate kill k until development.
“Though, the Nigerian Government approved infrastructure related Public-Private Partnership (PPP) worth $9 billion between 2010 and 2021.
“This is under the regulatory guidance of the Infrastructure Concession Regulatory Commission (ICRC), about $1.5 trillion is still needed over a 10-year period to achieve an appreciable level of the National Infrastructure Stock”, it added.
WES 2022 is the 6th in the series of 10 editions since WorldStage consolidated its economic conferences under the umbrella of an economic summit.