Imagine what $100 million could have done for the Ibeju Lekki community and environs. These communities have the worst set of roads and other basic infrastructure, poor health care services, and low investments in human capital development. That money could have been invested in dikes and mechanical drainage systems to manage the impact of floods.
A good part of this amount could have built a tram to connect Ibeju all the way to CMS opening up the entire corridor to more investments. It could have built a hospitality management school to empower young people with the right skills to flourish in the hospitality sector – the fastest growing sector in lekki.
Unfortunately, nothing has changed in those communities. Dangote still had to construct the road to his refinery. He still had to build his own power plant and other infrastructure and social services that the government had failed to provide.
So what happened to the $100million dollars.
This is certainly not how to run the largest economy in West Africa.
#ourlagos