Tag Archives: Infrastructure

The dangers of living in slums are innumerable. If left unchecked, it poses an extended risk to the rest of the society. Poverty has long been associated with the rural masses in developing countries, which have rightly been the targets of development and food assistance programs. With the growth of cities, poverty is increasingly becoming visible among city dwellers to ...

Stakeholders in the real estate industry have said that despite funding and infrastructure challenges, opportunities for growth in the sector are increasing with the expanding population creating demand for residential and commercial properties. They added that the prospect would continue to increase with rising intra-Africa trade and investment, which would remain an important growth driver. According to those who spoke ...

The Bureau of Public Procurement (BPP) yesterday said it had saved the country a total of N658.88billion from inflated contracts submitted by contractors of Ministries, Departments and Agencies (MDAs) of government. The bureau, in a statement in Abuja, said the figure, which was provided by the Director General, BPP, Mr Emeka Ezeh, while speaking at the annual conference of the ...

Real estate has no value if it has no utility, if it is not scarce and if it is not effectively demanded. Real estate has significance only as it satisfies man’s needs and desires. It is this man’s collective desire for property that gives rise to value. Thus, the ability of a property to satisfy man’s needs and desires together ...

The state of infrastructure is an essential framework in assessing and indicating the status of any urban system. The efficiency of any form of human avocation, including metropolitan area, largely depends on the provision of efficient infrastructure and services. It can therefore be concluded that the significance of infrastructure in the proper functioning of an area cannot be over-emphasised. The ...

The President , Council for the Regualtion of Engineering in Nigeria (COREN) Mr kashim Ali, has called for adequate funding and effective monitoring of mortgage financing institutions to ensure that their services are accessible to more Nigerians. COREN president, who was speaking to journalists in Abuja on the state of the housing sector development in Nigeria, noted that so many ...

One of the cardinal areas the newly unveiled development plan 2012-2025 would focus on is infrastructure, as the Lagos State Government has said it is putting in place proactive measures on ground to ensure that its infrastructures are maintained, while working to provide more to the enjoyment of the residents in Lagos. Besides, the plan would also intend to address ...

The Ogun State Ministry of Works and Infrastructure has proposed to spend over N22bn as capital expenditure and about N339m as recurrent expenditure for the year 2015. This was contained in a statement issued by the ministry on Wednesday in Abeokuta. The state Commissioner for Works and Infrastructure, Mr. Olamilekan Adegbite, said this while presenting the ministry’s budget before members ...

The immediate past Chairman of the Lagos State chapter of the Nigerian Institute of Quantity Surveyors, NIQS, Mr. Olayemi Shonubi has attributed the high cost of procuring civil and heavy engineering projects in Nigeria to the non-utilisation of quantity surveyors who by training are equipped to give value for money on all construction projects. He also blamed the plethora of ...

A new statistics released last week by Nigerian Building and Road Research Institute (NBRRI) shows that Nigeria ranks very low in road network and housing in the comity of nations. The Director General/CEO, Nigerian Building & Road Research Institute (NBRRI) Prof Danladi Matawal made this declaration during this year’s Public Lecture of the Nigerian Academy of Engineering which held at ...