Says Public Funds Can No Longer Meet Infrastructure Needs
James Emejo in Abuja
Director General, Infrastructure Concession Regulatory Commission (ICRC), Dr. Jobson Ewalefoh, has declared that West African governments can no longer depend solely on public resources to finance critical infrastructure.
He urged countries across the sub-region to embrace Public-Private Partnerships (PPPs) as the most viable pathway to closing the region’s huge infrastructure gap.
Ewalefoh spoke at the ECOWAS Infrastructure Forum in Abidjan, Côte d’Ivoire, stressing that the widening infrastructure deficit had made it imperative for governments to mobilise private capital and expertise to deliver roads, railways, housing, water facilities and other strategic assets needed to drive sustainable economic growth.
