Nigeria's Construction Industry Reduced Unemployment - FOCI

3 days 7 hours ago

The Director General of the Federation of Construction Industry (FOCI), Mrs. Olubunmi Adekoje, has said that the construction industry in Nigeria has been a strong economic partner to government in the development of the country.

Mrs. Adejoke stated this recently when the association paid a visit to the Minister of Power, Works and Housing, Babatunde Fashola, in Abuja.

She said the multiplier effect of the industry had brought economic empowerment and development all over the country, but noted that, presently, the construction industry was in a prostrate state due to the adverse effect caused by accumulated delays in payment for contracts executed, which she advised must be looked into with a view to finding a solution.

READ MORE: https://www.dailytrust.com.ng/construction-industry-reduced-unemployment...

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Historic Fort Jesus Could Collapse as Contractor Goes Missing

3 days 7 hours ago

By Mohamed Ahmed

The future of the historic Fort Jesus hangs in the balance as the construction of a Sh498 million sea wall meant to protect its foundation from eroding has stalled.

The contractor is reported to have withdrawn from the site in December last year after a disagreement with his consultant.

The Nation learnt that work on the wall stopped over the row between the contractor and the consultant, Copperk Consultant Ltd.

READ MORE: https://nairobinews.nation.co.ke/news/historic-fort-jesus-could-collapse...

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Tatu City Awards Residential Infrastructure Contract to Stecol Corporation

3 days 7 hours ago

By Correspondent

Nairobi — Tatu City has appointed global engineering and construction group Stecol Corporation as the lead infrastructure contractor for its residential project at Kijani Ridge in Tatu City.

Under the multi-million shilling contract, Stecol will complete the construction of Kijani Ridge infrastructure, including roads, water, sewage, street lighting and stormwater management.

Work has already started and is expected to be completed by early Q2 2019.

READ MORE: https://www.capitalfm.co.ke/business/2019/02/tatu-city-awards-residentia...

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Lagos in Construction Permit Reform, Waive Soil Test, Others

3 days 7 hours ago

By Chinedum Uwaegbulam

The harsh economic realities faced by construction industry may fizzle out soon, if efforts by the Federal authorities and Lagos State Government are anything to go by.

The Guardian learnt that Presidential Enabling Business Environment Council (PEBEC) has begun the implementation of a number of reforms with the state through its Ministry of Physical Planning and Urban Development to make the process of getting a construction permit more efficient under the business made easy initiative.

According to World Bank Group flagship report, Doing Business 2018, the world has witnessed an unparalleled expansion of cities in recent decades. The urban population of developing economies is projected to double by 2030, while the area covered by cities could triple.

READ MORE: https://guardian.ng/property/fg-lagos-in-construction-permit-reform-waiv...

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