Experts Call for Construction Industry Development Board

By Victor Gbonegun

Glimmer of hope is beaconing towards solving problems confronting the nation's built environment as professionals in the sector have entered into strategic move to address the problem.One of the rewards of such move was the call for the establishment of Nigerian Construction Industry Development Board (cibd), which they said would be saddled with the roles of; formulating, implementing, regulating policies and initiatives that will speed up development processes especially in infrastructure across the country.

Before now, the construction sector has been bedeviled with challenges like, absence of construction firms in the stock exchange and international market, dominance of expatriate firms, lack of executive and financial capacity, reluctance of both public and private clients to pay fees for consultancy services.Others are; prolonged delay in projects delivery, high- overrun cost, high accident and injury rates and sub-standard or poor quality of works, dearth of local skilled labour, poor inflow of private sector funds, high level of corruption, payment insecurity, among others.

To address these challenges and with the exposé that infrastructure development is the basic facilities, equipment, and installations required for the growth of a society, professionals in the industry converged in lagos to sensitise their folds on the desirability of the CIDB for nigeria at this critical moment of infrastructural deficits. the gathering was converged by the Nigerian Institute of Quantity Surveyors (NIQS).

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