General Electric (GE), Vice Chairman, Mr. John Rice, has told the Federal Government to as a matter of urgency address the infrastructure challenges the country is facing as Nigerians can’t wait forever, Daily Trust reports.
Mr. Rice said “nothing else matters” other than that Nigeria should fix its power, transport and other basic infrastructure. Mr. Rice made the remark during a panel discussion with Vice President Yemi Osinbajo and Mr. Tony Elumelu, the Chairman of Heirs Holdings at the 23rd Nigerian Economic Summit.
Apart from several energy projects GE is currently undertaking in-country, it recently won the concession rights to all the narrow gauge tracks in Nigeria – from Lagos to Kano and Port Harcourt to Maiduguri. He said GE has been investing in Nigeria because of its human capital resource, the size of the country and natural resources.