"As a result of her failed infrastructures, the
economic development of our country has suffered major setbacks and what is
potentially a rich and great country has failed to develop her enormous potential
over the years. Nigeria was appropriately described as the Giant of Africa in
the early 1960sfollowing her political independence from British colonial rule.
In 2017, Borgen Magazine from Seattle Washington described Nigeria as the
poverty capital of the world. The World Economic Forum’s 2016-17 Global
Competitiveness Index ranked Nigeria’s Infrastructure at the bottom - 132 out
of 138 countries - and according to that organization’s 2016 Executive Opinion
Survey, the poor infrastructure is the largest constraint on doing business in
the country.
Why should poverty and poor infrastructures bedevil a
nation so richly endowed by God with enormous human and natural resources? What
are the parameters that drive the delivery and development of infrastructures
and why have we over the years failed to get them right? To answer these
questions we shall take a close look at some typical infrastructures– railways,
roads, and power generation, and quickly scan the national development planning
process to note our successes and failures".
The full length lecture is available at