Tag Archives: experts

From the N18 billion it has raised from the capital market between 2015 and 2019, the Nigerian Mortgage Refinance Company (NMRC) is said to have refinance mortgages originated by its 12-member primary mortgage banks PMBs and three commercial banks, leading to the creation of 900 mortgages. But it remains to be seen where those mortgages so created are being used ...

Mr. Ayuba Akere, Chairman, Nigerian Institute of Quantity Surveyors (NIQS) Lagos Chapter, has urged all tiers of government to engage the services of quantity surveyors in capital projects, housing and road constructions to minimise costs. Akere gave the advice in an interview in Lagos on Friday. According to him, quantity surveyors will help to monitor and evaluate the costs of ...

Industry experts have advised practitioners to make decisions based on the property life cycle, create an environment, which fosters, embraces innovation and change. They argue that such projections and decisions will improve the quality of life of people and productivity of the core businesses in the built environment. The experts spoke at the second edition of the Facilities Management Lecture ...

Stakeholders in the real estate industry have identified uncertainty over land titles as one of the major factors inhibiting the growth of the industry in the country. Other inhibitors, according to them, are regulatory bottlenecks, difficulties in obtaining permits and approvals, infrastructure deficit and funding constraints. The stakeholders spoke in Lagos at the 7th edition of the Real Estate Unite ...

Experts in the built environment have asked the federal government to give room for private sector to actualise its infrastructural development plan. They said Nigeria needs N115 Trillion to grow at six to seven per cent yearly exceeding its population growth of over 2.7 per cent. According to Mr. Emmanuel Obe, a real estate developer, government must provide the enabling ...

The impact of high mortgage interest on the nation’s housing delivery has continued to be a source of worry for operators. This is because of the importance of housing finance in improving coverage rate, which has unfortunately remained at a dismal 25 per cent. Experts have insisted that housing finance is central to the nation’s economic development. Lack of proper ...

Experts on economic matters have said that government must wake up and face the realities on ground, as it needs to invest N18 trillion yearly to meet up with infrastructure development in the country. To achieve this, they submitted that government must give room for private sector participation, allow sanctity of contracts and open up to foreign capital to develop ...

Experts in Ondo State, under the umbrella of Association of Professional Bodies of Nigeria (APBN) have kicked against Governor Akeredolu’s proposed Land Use Charge. The stakeholders cautioned Governor Oluwarotimi Akeredolu to drop the idea of imposing land use charges on residents in the face of the current economic hardship. The Chairman of the Association of Professional Bodies of Nigeria, APBN, ...

According to The Guardian, experts at the ongoing Water Africa and West Africa Building and Construction Exhibition and Seminars have urged government to consider the adoption of small hydropower technology to improve power generation in the country. They maintained that since the focus of generating bulk power to be fed into the national grid had not improved electricity supply, government ...

Reports show that the Nigerian Society of Engineers (NSE) has blamed the rising number of dilapidated roads on absence of legislation to enforce reforms in the sector. The Guardian reports that NSE President, Otis Anyaeji, who disclosed this in Abuja while hosting legislators who are also engineers in Abuja, explained that the society has six legislations that can bridge the ...