Problems of Nigeria derives from that dictum in building Industry of; If you delay in your schedule to start work in construction sites you are very (more) likely going to meet increased cost of materials and in Nigeria every contractor wants to price high because there is not ceiling for prices for construction works! Country where you do not par salaries and what you have as salary cannot sustain any housing scheme or mortgage and worse is the amortization policy is almost not there – they want the cost of the building now! I don’t know how they get their costs of finished building when you know that it is block and perhaps the decks are the costs elements but they tell me that land is part of the cost and you wonder why should land be – when did Nigeria with outlandish space everywhere decide that land must be expensive muu-muu people – why should land be expensive and you cannot pay your workers to be able to pay for mortgages – you’re operating in vicious circle so to speak? I mean everything about building encourages manufacturing for the elements you require to build any but where is Nigeria about establish industries to make these elements – this is part where your Economic advisers are failing also!

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