Stakeholders Proffer Solutions to Economic Challenges

The stakeholders in Apapa have resolved to end the issue of traffic bottleneck which is currently crippling the economic activities in the community.
Rising from a two-day summit at Rock View Hotel, the stakeholders made the resolution.
Aside tank farm, operators having holding bays for the trucks that use their facilities, electronic call up system should be introduced.
The stakeholders also proposed that “Regulators should enforce compliance with Environmental Impact Assessment (EIA) standards by companies to mitigate negative impact on community.
“Companies operating in Apapa must ensure that Corporate Social Responsibility forms part of their budgetary considerations annually.
“Government and the private sector must collaborate to provide employment and capacity building for youths in Apapa.
“Government must devise ways of improving power generation in Apapa by collaborating with companies who have Independent Power Plants and generate excess power that can be utilized by the community.
“Port operators and concessionaires must ensure adequate Traffic Management Mechanism and coordinated access control programs that will create operational efficiency at the ports.
“No further approvals for tank farms construction must be given by DPR for tanks farm development in Apapa.
“Road construction currently on-going must be intensified to ease difficulties currently being experienced by residents in Apapa and commuters generally.
The summit was organized by the Apapa Local Government in collaboration with the Apapa Development Initiative.
While delivering his opening speech at the summit, the Executive Chairman of Apapa Local Government, Hon. Owolabi Elijah Adele, said that the summit was a significant milestone because it would create a platform to brainstorm and cross fertilize ideas and opportunities for self and community development.
He stated that Apapa, which is regarded as the gateway to the Nation’s economy, “is currently in a state of despondency as a result of scourge of hellish traffic situation, affecting every sphere of life in the Government.”
He said with the summit bringing the major players, experts and professionals to brainstorm on the common problem confronting them will not only unravel the mysteries surrounding the traffic problem, it would also examine how economic life can return to Apapa and how our people can optimize the economic potential of having the two large ports in Africa in our domain through concrete workable and implementable solutions.
The first Lady of Lagos State, Mrs Bolanle Ambode, introduced a new dimension as she emphasized the importance of women in economic development.
While giving her keynote address, tagged: ‘Women and Development,’Ambode noted that economic development of any society comes faster with the involvement of women.
She stated that women dominated the informal sector of most economies and that in addition to domestic responsibilities in homes; women were involved in petty trading that would generate income.
The First Lady submitted that many Nigerian women are now heading the management teams of banks, major manufacturing companies and other blue chip firms with branches beyond the shores of Nigeria and Africa. She also said many influential Nigerian women politicians and appointees in positions of authority contribute daily to major economic decisions at the highest level determining official policy directions.
The Executive Secretary/CEO Apapa Development Initiative, Mr Mike Egbayelo, said that this summit was a thoughtful constellation of ideas across different sectors on how to positively impact on the generation of revenue and overall development of Apapa Local Government.
According to her, Apapa would be an indispensable hub of economic haven.
At the summit, the following topics were deliberated upon for the way forward: Effective traffic management model for Apapa-CIS perspective; efficient traffic management and truck transit park; The regulators perspective; Automated Traffic Management and call-up system.

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