To conclude, Nigerian tertiary institutions have been experiencing infrastructure deficits as a result of poor funding and governance in the system. Therefore, the study examined that financing tertiary institutions in Nigeria is a remarkably complex stage. Tertiary institutions i...
Abiodun said, “For the first time in the history of the State, this administration has introduced what we call the Ogun State Tertiary Education Fund which is like a local TETFund for infrastructural development in the tertiary institutions in Ogun State. “There are some of the tertiary insti...
The economic cost, however, can be calculated. The continent has an infrastructure deficit of at least $100 billion annually—and that’s just to address existing backlogs. Only then will it be possible to invest in growth. Studies have shown that inadequate infrastructure re...
Africa has experienced rapid and exponential economic growth in the last decade and a half. This growth has occurred despite the continent’s huge infrastructure deficit, one of the reasons why economists and policy commentators question Africa’s economic growth fundamentals. They argue that economic ...
Finally, out of 49 economies in the low tier, 65% are considered deficit countries. In the high tier, however, a sizable 78% are in the trade surplus category. This provides prima facie evidence that countries with poorer infrastructure quality face more negative trade balances, whereas economie...
While a deficit of leadership skills may be the biggest bottleneck to infrastructure delivery in the future, the industry is not tapping into a large subset of the potential—women. Despite substantial McKinsey research showing that diversity is good for the bottom line,...
This is in reference to Nigeria’s infrastructural deficit that is expected to reach $878 billion (320 trillion naira) by 2040. The prediction was based on a projected Gross Domestic Product (GDP) increase of 4.1% per year, and a steady rise in population, which is estimate...
Over the past decade, we have lost tens of thousands of businesses and millions of jobs to China. When the final numbers for 2012 come out, our trade deficit with China for the year will bewell over 300 billion dollars, and that will be the largest trade deficit that one country has had...
Green infrastructure (GI) has been increasingly associated with urban flood resilience as it provides benefits in protecting communities from flood dangers and improving socio-economic capabilities. In order to optimize the GI advantages, it is necessary
Nigeria Chinese investment in Nigeria is expected to exceed US$10 billion in 2012, with the trade volume between the two countries currently beyond US$8 billion as of October 2012. In 2006, China and Nigeria signed a US$4 billion agreement on oil and infrastructure projects, which included fo...