Transforming Nigeria Infrastructure & Growth

REGULATION ● Infrastructure & Growth Economic Diversification & Structural Changes (Continued): Infrastructure provides the key to modern technology in practically all sectors. ● INFRASTR CONCESSION ICRC • While the railroad & electric power brought significant changes in markets and production in the past, these pail in significance compared to recent advances in informatics, digital technology, telecommunications and the growth of the internet. These technologies underlie a very large share of production/distribution activities in secondary and tertiary sectors of the modem economy, including commerce, banking, government, and culture and tourism. 36

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