Alliance for Economic Research and Ethics LTDGTE.
Nigeria Faces $100bn Annual Infrastructure Deficit, Needs $2.3tn to Bridge Gap in Two Decades, Says Oye.
The Chairman of the Alliance for Economic Research and Ethics Ltd/GTE (AERE), Dele Oye, has decried Nigeria’s widening infrastructure deficit, saying the country requires an estimated $100 billion annually to address critical infrastructure shortfalls and about $2.3 trillion over the next two decades to bridge the gap.
Oye, in a policy brief released by the Alliance for Economic Research and Ethics Ltd/GTE titled “The Broken Windows of Nigeria: How Government Neglect Forged a Nation of Self-Reliant Survivalists and the Uncommon Path to True Greatness,” said decades of neglect of essential public services have forced millions of Nigerians to shoulder responsibilities that should ordinarily belong to the government.