• Decries brain drain, says only 55,000 doctors caring for over 230m Nigerians
Emmanuel Addeh in Abuja
The Chairman of the Alliance for Economic Research and Ethics LTD/GTE, Dele Oye, has decried Nigeria’s widening infrastructure deficit, noting that 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 group titled: “The Broken Windows of Nigeria: How Government Neglect Forged a Nation of Self-Reliant Survivists and the Uncommon Path to True Greatness,” said decades of neglect of essential public services had forced millions of Nigerians to shoulder responsibilities that should ordinarily belong to the government.
According to him, the country’s infrastructure stock currently stands at just 35 per cent of Gross Domestic Product (GDP), compared to about 70 per cent in developed economies, a deficit that continues to undermine productivity, economic growth and investors’ confidence.
