Home ECONOMY FG, Transcorp Boss Canvass Infrastructure Development

FG, Transcorp Boss Canvass Infrastructure Development

FG, Transcorp Boss Canvass Infrastructure Development
  • To preserve jobs, boost tourism

Dupe Olusola…Transcorp MD

BY COBHAM NSA – Nigeria’s Vice President Yemi Osinbajo says deepening engagements between the public and private sectors on infrastructure development is crucial for jobs preservation in the country.

Similarly, the Managing Director and Chief Executive Officer of Transnational Corporation of Nigeria (Transcorp) Hotels, Dupe Olusola, sees huge investments in infrastructure as Nigeria’s best option at boosting domestic and international tourism.

Professor Osinbajo, who spoke at the virtual Presidential Policy Dialogue in Abuja, also said robust partnership between both sectors is largely required to develop and modernise Nigeria’s economy

According to him, with the needed infrastructures in place, the country stands to benefit greatly because government will be in a position to grow the economy on a sustainable basis.

Lending her voice to growing demands for improved infrastructure development nationwide, the Transcorp Hotels Chief Executive, Olusola said conscious efforts must be made to maximise the nation’s tourism potentials.

Olusola, who represented the Tourism and Hospitality sector at the dialogue, noted that; “We have not maximised our tourism potential as much as we should have done and infrastructure plays a vital part in this.”

She said; “Developing infrastructure in the rural areas where natural land formations and fascinating tourist’s sites have found themselves is critical to the growth of the sector.”

The Transcorp boss said as governments globally implement strategies to boost local economies during the COVID-19 pandemic, “We require active participation from all stakeholders to achieve this development.”

“The private sector needs to work with the government to develop the tourism monuments of our Nation, building better infrastructure such as roads, telecommunications, airports that can link the tourist sites and attract both local and international tourists”, Olusola maintained


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