President of Dangote Group, Aliko Dangote has lauded the decision of the Federal Government to reconstruct the failed Apapa Wharf road as its grim state serves as both an embarrassment to the country and a huge financial loss to the government on a weekly basis.
Dangote who spoke on Tuesday said “The economy loses more than 20 billion daily and it affects all businesses across the country. All our operations in the hinterland in Ilorin, in Kano are operating at 40 per cent maximum capacity”
Lamenting the state of road infrastructure in the country, Dangote said: “Today there is no linkage road going from South West to the North. You have to go all the way through Ajaokuta, Obajana, lokoja and you have to go by the uncompleted road Obasanjo started 13years ago.”
Commenting on his resolve to personally get involved in the Apapa Wharf road reconstruction, he said: “Because it is very embarrassing! We can’t just sit and have a road like that in the heart of trade in Nigeria. More than 60 per cent of our country’s import and exports come through the port and we leave it un-attended. That is why we started on our own. Flour mills said they will join us, but now government changed the design because they want all the cables and pipes underground and to have a more robust solution.”
The post Apapa Gridlock: Nigeria Loses More Than 140 Billion Weekly -Aliko Dangote appeared first on Woman of Substance.
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