Construction industry facing uncertainty, say quantity surveyors
Worried by the downturn in economic development and frequent cases of collapsed buildings, experts and stakeholders in the construction industry are set to proffer solutions to the current challenges facing the industry. The stakeholders would converge on Benin, the Edo State capital, under the auspices of the Nigerian Institute of Quantity Surveyors (NIQS) to discuss […]
Worried by the downturn in economic development and frequent cases of collapsed buildings, experts and stakeholders in the construction industry are set to proffer solutions to the current challenges facing the industry.
The stakeholders would converge on Benin, the Edo State capital, under the auspices of the Nigerian Institute of Quantity Surveyors (NIQS) to discuss ‘Managing Construction Projects in Turbulent Times’.
The president of NIQS, Olayemi Shonubi, told newsmen in Lagos that the construction industry faces numerous challenges bordering on forex shortage and the devaluation of the local currency.
According to him, the 2-day national workshop taking place on August 30-31, 2023 would proffer solutions to the challenges in the sector.
“In today’s ever-changing economic landscape, the construction industry faces numerous challenges, including price uncertainty due to forex shortages and naira devaluation leading to material shortages and unpredictable market conditions.
“The ability to effectively manage construction projects in such turbulent times is crucial for the success and sustainability of any organisation.
“The eminent resource persons who be speaking on various sub-themes include QS (Dr) Alabo George-Kelly, Honourable Commissioner, Rivers State Ministry of Works under His Excellency, Nyesom Wike, former governor and who was also reappointed by the incumbent governor, His Excellency, Siminalayi Fubara; QS (Dr) Andrew Ebekozien; QS (Mrs) Faith Ezeugoh; QS Aminu Abubakar Suleiman; QS Oluwatomi Ogundare; QS CJ Michael; and Mr Charles Ughele, a financial consultant,” he stated.
According to him, the workshop is open to all construction professionals, including quantity surveyors, project managers, engineers, architects, and contractors.