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Southeast Governors Urged to Enhance Economic Growth Through Rail Connectivity

2024-09-08 04:40:33.248000

In a recent call to action, Chief Jerry Okechukwu Kalu, the former president of the Association of Commerce, Industry, Mines, and Agriculture (ACCIMA), urged governors in Southeast Nigeria to prioritize rail connectivity to stimulate economic growth. Kalu emphasized the importance of uniting efforts to establish rail links between major towns such as Aba, Ebonyi, Enugu, Anambra, and Imo. He argued that improved rail infrastructure would enhance trade and significantly reduce transportation costs, which are critical for the region's economic development.

Kalu praised President Bola Tinubu for his administration's efforts in rehabilitating roads, particularly highlighting the improvements made on the Enugu/Port Harcourt Expressway. He noted that these enhancements have dramatically reduced travel time from Aba to Port Harcourt from four hours to just one hour, showcasing the positive impact of infrastructure development on local economies.

However, Kalu also expressed concerns regarding energy supply issues that continue to plague businesses in the region. He cited a significant loss of over 800 members from the Manufacturers Association of Nigeria due to economic hardships exacerbated by unreliable energy sources. To address these challenges, he called for the urgent repair of Nigeria's refineries, which would help lower fuel prices that currently range from N750 to N800 per litre.

Reflecting on his two-year tenure at ACCIMA, Kalu emphasized the importance of collaboration between the government and the private sector in shaping effective infrastructure and business policies. He encouraged ongoing dialogue to ensure that regional development remains a priority, which is essential for fostering a conducive environment for businesses to thrive.

Kalu's remarks come at a crucial time as Southeast Nigeria seeks to enhance its economic landscape through strategic infrastructure investments and improved energy solutions. His advocacy for rail connectivity underscores a broader vision for sustainable growth and development in the region, aligning with the ongoing discussions about enhancing trade and economic resilience in Nigeria.

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