Frontier Africa Reports

Nigeria Needs To Invest In Agro Industrial Parks, To Boost Manufacturing -Femi Awofala

In this 8th edition of the Economy and Politics #Coronanomics discourse which looked at “COVID-19:Impact on Supply Chain and Disruptions on Operating Models In Manufacturing” Mr Femi Awofala Founder/CEO of Brickstone Africa, from a private sector perspective called for investments in Manufacturing Plants and Agro-Industrial Parks in the country.

On the 27-page document from the Central Bank of Nigeria on “Turning the COVID-19 Pandemic Into a New Opportunity for Nigeria” , Mr Femi Awofala said the idea of a N15trn Infraco Plc, was a novel idea to address the transport infrastructure challenge in the country.

He called on the CBN to explore the provision of Guarantees and Co-Investing to encourage and attract private capital and investments.