On the other hand, if this economy were free and we say we are doing a million houses and two of you decide to form a company making doors. You are producing 50,000 doors a year at N25,000; that’s good money. You don’t need to see any governor or Minister because you would be busy. If a governor wants to see you, what is it about because you have a schedule. Your products are in demand; you have distributors waiting and you want your boys to work three shifts.
You don’t have time looking for Senator XYZ or former this and that because you are busy. We are spending over a billion dollars importing tiles every year from Switzerland, Spain and Portugal and Italy. There is clay, there is kaolin and water to make tiles here, make paint and make nails. Imagine the boom. But you can’t do it. You can’t raise a bank loan and the opportunities are just closed. You have no electricity. Greece is a country of nine million people. They have 10 refineries. Abu Dhabi is the capital of United Arab Emirates.
There are 1.5 million people there. They have 11,000 megawatts for 1.5 million people. We are trying to get 6,000 megawatts for 130 million
Tuesday, February 1, 2022
Economic transformation through housing
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