4 days ago
With the Federal Government able to retain about $8 billion of the $20.4 billion spent on some projects by oil firms between 2016 and 2021 through local content development
Disturbed by a shortage of artisans for construction and other sectors, the Nigerian Academy of Engineering (NAE) has called for harmonisation of the Industrial Training Fund
17 Sep 2020
A South-African woman has become a social media sensation after photos of her constructing an extension to her house went viral. The 26-year-old female engineer became the poster girl for last month's celebration of Women's Month in South Africa for her success in a field that is dominated by men. In the photos that went viral…
20 Jul 2020
DR. AUSTIN OTEGBULU is an associate professor of Estate Management, University of Lagos. He spoke to VICTOR GBONEGUN on why property market has contributed dismally to Nigeria’s Gross Domestic
18 May 2020
After weeks of national lockdown, construction firms and property developers that jump-started operations in most Nigerian cities are alarmed by a sharp spike in building materials
6 May 2020
The Lagos State government yesterday said it will not hesitate to blacklist any contractor or firm found flouting COVID-19 guidelines at construction sites.
27 Apr 2020
As the coronavirus outbreak shows no signs of abating any time soon, construction experts say some companies may be considering the legal defense of force majeure.
2 Sep 2019
To achieve sustainable growth in the nation’s real estate sector, stakeholders have listed ways in which the industry could overcome its temporary setbacks. They noted that the sector is still recovering with a contribution to the national Gross Domestic product staggering between one and two percent.
26 Apr 2019
Construction is very expensive business. BusinessNews, an online publication, estimated in its 2015 report that construction projects worth N700 billion would be delivered by 2018. Some of these projects include the Nestoil Towers, Civic Towers and the British America Tobacco (BAT) building- mostly commercial office space on Lagos Island which have been indeed delivered. In…
10 Feb 2019
Development Economist, and former Deputy Governor of Central Bank of Nigeria (CBN) in charge of Economic Policy, Dr. Obadiah Mailafia, is opposed to the Federal Government’s plan to privatise the Ajaokuta Steel Company Limited located in Kogi State. Mailafia, a career banker and international development specialist with over 25 years told Assistant Business Editor MATHIAS OKWE…
29 Dec 2018
I wish all my readers a Happy New Year. I am happy to predict that the world, the way we know it now, a global system that has been deliberately designed and constructed in such a way that the black person on earth should not succeed, will come to a shuddering end in 2030. Before…
9 Jul 2018
Industry experts have commended the federal government on this initiative to ensuring that deliberate measures are adopted to monitor construction projects. They explained that the document will curb the loss of life and property, improve the quality of infrastructures and, facilitate economic growth and development. As part of its commitment to infrastructural development and ensuring…