Lagos business woman and socialite, Mrs Erelu Abiola-Dosumu,
has called for the input of women entrepreneur on the government’s plan
to borrow about 29.9 billion dollars for infrastructure projects.
Abiola-Dosumu, who spoke at a round table conference in
Lagos on Tuesday, said that the money would be better invested to yield
income than to be used on infrastructure.
“I appeal that people like Mrs Nike Akande, President, Lagos
Chamber of Commerce and Industry (LCCI) should speak out about the
implications of the loan,’’ she said.
President Muhammadu Buhari, on Oct. 28 sought the approval
of the National Assembly for external borrowing plan of 29.9 billion
dollars.
According to the President, the money if approved will help
to execute key infrastructure projects across the country between 2016
and 2018.
The Lagos socialite said that investing such huge amount
into infrastructure projects would be perishable and affect the future
generation.
“Let us invest money on things that will bring returns and put smiles on the faces of Nigerian citizens,’’ she said.
In her response, Akande said that the country needed to
re-diversify in the agriculture and solid mineral sector, especially now
that oil was not accruing the desired revenue.
She said that the country would not progress if it did not identify its challenges and find solutions to them.
She said that LCCI was planning to have a rice investment,
adding that LCCI would take leadership position on industry, trade and
investment.
Also, Mrs Kema Chikwe, former Minister of Aviation urged the
LCCI to take control of the business sector to attract more investors
into the country.
According to Chikwe, in Nigeria, seasonal fruits such as
mangoes are allowed to waste due to lack of processing and storing
facilities.
She decried the importation of tomatoes which had become expensive because of high cost of clearing goods at the port
Chikwe added that Nigeria was capable of producing its own.
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