feel free to call 09056000005

Poor compliance affecting housing – Operators

Concerns regarding the construction sector's failure to adhere to global best practices have been raised by industry operators.
 
These concerns were voiced during the recent Big 5 Construct Nigeria 2023 conference held in Lagos. Organized by DMG Events, the conference featured discussions on the state of the construction industry in Nigeria.
 
Patrick Ogunleye, a Chief Architect at the Federal Ministry of Works & Housing, highlighted the challenges facing the Nigerian construction industry, citing a lack of compliance with global standards. He expressed the view that Nigeria lags behind developed countries due to a lack of forward-thinking innovation. Ogunleye emphasized the need for a mindset shift to bring about advancements in the industry.
Related News:
PROJECTED ANNUAL COST OF HOUSING ALLOWANCES FOR NEWLY APPOINTED MINISTERS RAISES CONCERNS

REPORT HIGHLIGHTS RESILIENCE OF NIGERIA'S REAL ESTATE SECTOR IN 2022

CONCERNS ARISE OVER THE PREVALENCE OF INFORMAL SETTLEMENTS AMONGST 70% OF THE POPULATION
Olayemi Shonubi, President of the Nigerian Institute of Quantity Surveyors, pointed out that the use of substandard materials contributes to the industry's non-compliance with global standards and leads to frequent structural collapses. He also noted that government approvals are often granted without adequate supervision, and inexperienced artisans may be employed in complex construction projects to cut costs.
 
Ben Greenish, Senior Vice President of DMG Events, expressed optimism about the construction sector's future in Nigeria but stressed the need for improvement. He highlighted the sector's importance in providing employment and meeting housing needs. Greenish identified economic challenges and the cost of logistics as pain points and advocated for the establishment of local manufacturing facilities and improved infrastructure, such as better roads, to support construction activities.
 
Source: PunchNg

Similar Topics

Member States of the United Nations Human Settlements Programme (UN-Habitat) have endorsed a new...

29 days ago Read More

Nigeria Enters a New Tax Era Come January 2026, Nigeria’s property market will experience a...

a month ago Read More

Improved Security and Diaspora Capital Drive Rebound The housing sector in Nigeria’s...

a month ago Read More

The Lagos State Government has announced that night-time repair works will take place on Ozumba...

2 months ago Read More

The Federal Government has suspended all previously approved, pending, and prospective applications...

3 months ago Read More

The Federal Government has successfully mobilised more than N70 billion in private capital...

3 months ago Read More

The Lagos State Government, through the Lagos State Physical Planning Permit Authority (LASPPPA),...

5 months ago Read More

The Federal Government has expanded the Abuja-Kaduna-Kano Road project to incorporate a direct...

6 months ago Read More

The Federal Capital Territory Administration (FCTA) has taken possession of Wadata Plaza, the...

6 months ago Read More

Defaulters on FCT ground rent now have 14 days grace to pay up what they owe the FCT Administration...

6 months ago Read More

Unprofessional practices by estate agents in major cities are significantly influencing the spike...

6 months ago Read More

A Real estate development firm, Lifecard International Investment Company, has revealed that many...

7 months ago Read More

Despite a fall in investment volumes from the 2021 peak, there is an ongoing desire for property...

7 months ago Read More

The Lagos State government has advised the leadership of the Nigerian Institution of Estate...

7 months ago Read More

Real estate market dynamics such as construction cost, land, finance, government policies and taxes...

7 months ago Read More

Event Set to Celebrate Managers Who Shape Careers and Drive Organizational Growth   Business...

8 months ago Read More

Global Leaders to Converge in Lagos for Landmark Event Driving Urban Innovation and...

8 months ago Read More

In a bold move to redefine affordable luxury housing, Nigerian real estate giant Gtext Holdings has...

8 months ago Read More

Industry Experts Urge Anti-Corruption Measures, Innovative Financing to Address Crisis By: Oche...

8 months ago Read More

LAGOS, NIGERIA – Global real estate consultancy Knight Frank and UK developer Mount Anvil...

9 months ago Read More