The incumbent President made the statement while speaking at the 17th Honorary International Investment Council (HIIC) meeting in London.
Jonathan stated that the
rail network would boost the economy and reduce the pressure on roads and
highways.
He acknowledged that no
meaningful development can take place without addressing the challenges in the
rail sector.
According to him, with
adequate rail coverage, the roads and highways will be better maintained.
He said: “If we do not link
state capitals by rail, our roads will not last.’’
On upgrade and expansion of
the roads, Jonathan said: “We cannot mould the economy without good roads.
“Quite a number of companies still construct
roads to their sites. This is not supposed to be so.
“We are committed to
addressing this, we have been working hard and we have improved our road
networks significantly.’’
The President assured that
all federal roads in the country would be resurfaced within the next three
years.
“We intend to construct new
ones that we consider as very critical, especially one that would link Port
Harcourt and Bonny, the major gas exporting terminal of our country,” Jonathan
said.
He restated the
government’s commitment to securing the air space and improving airport terminal
buildings.
Jonathan assured that the
government was determined to end the security challenges facing the country.
Also speaking at the
occasion, HIIC Coordinator, Baroness Lynda Chalker, said the organisation, since
inception, has focused on various sectors of the economy.
“This 17th meeting will
focus on rail transportation given its critical role to the economy,” she said.
She said positive news
about Nigeria was over-shadowed by what is happening now.
“We must work together to
project Nigeria’s positive news and achievements because it is not in anybody’s
interest to run Nigeria down,” she said.
According to the News
Agency of Nigeria, NAN, other topics discussed at the forum included
opportunities and reforms in the power and construction sectors.
The Ministers of
Transportation, Power, Works, Aviation, Finance, National Planning, Trade and
Investment and Defence also made presentations.
The HIIC, comprising
prominent investors around the world, advises governments on economic
development.
The areas of the HIIC’s
partnership with Nigeria include reduction of corruption, attracting foreign
direct investment and promoting private sector driven economy.
which project did Jonathan complete before election?
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