{"id":6552,"date":"2017-10-09T03:33:01","date_gmt":"2017-10-09T03:33:01","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/experts-seek-commitment-to-revamp-construction-industry\/"},"modified":"2017-10-09T03:33:01","modified_gmt":"2017-10-09T03:33:01","slug":"experts-seek-commitment-to-revamp-construction-industry","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/experts-seek-commitment-to-revamp-construction-industry\/","title":{"rendered":"Experts seek commitment to revamp construction industry"},"content":{"rendered":"<p>\n<\/p>\n<p><div><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2016\/08\/Mercy-Torkwase-Iyortyer.jpg?resize=1280%2C720&#038;ssl=1\" alt=\"\" width=\"1280\" height=\"720\" class=\"size-full wp-image-174544 lazyload\" \/><\/p>\n<p class=\"wp-caption-text\">President, Nigerian Institute of Quantity Surveyors, Mrs. Mercy Iyortyer<\/p>\n<\/div>\n<p>\nStakeholders in the contruction sector have called for government commitment in revamping the sector from the throes of economic downturns.The stakeholders warned that if government policies were not tilted to favour construction sector, which is a major determinant of development, the nation was going to slip back into recession.<\/p>\n<p>Speaking at a forum organised by the Property and Environment Writers Association of Nigeria (PEWAN), event themed: \u201cEconomic Recession: the Role of Construction Sector in Post Recession Nigeria\u201d, held at the LCCI, Hall Agidingbi, Ikeja,\u00a0first Vice President of the Nigerian Institute of Building (NIOB), Mr. Kunle Awobodu identified lack of government commitment as factor militating against growth of the building construction industry in Nigeria.<\/p>\n<p>He regretted that the government is giving more support to foreign construction operators than the local ones, foreigners still dominate the Nigerian economy, while their Nigerian counterparts are being neglected.<\/p>\n<p>Chairman of the occasion, Dr. Meckson Okoro, extolled the noble contributions of the association to the development of construction industry.Okoro,  the founding Partner\/Consultant, M.I.Okoro and Associates, also stressed that foreign construction firms who were given most contracts usually repatriated all their <a href=\"https:\/\/amazingproperty.com.ng\/blog\/get-quick-loan-for-real-estate-investment\/\">funds<\/a> back to their countries, adding that the capital flight was injurious to the nation\u2019s economy.<\/p>\n<p>The President, Nigerian Society of Engineers (NSE), Mr Otis Anyaeji, lamentable that projects have become \u2018processes\u2019 because of lack of adherence to completion dates.<\/p>\n<p>Anyaeji , who was represented by the Ikeja Branch Chairman of the Society, Mr Akintayo Akintola said that conditions for award of contacts were usually deliberately made difficult to eliminate local engineers, which makes a nonsense of the Local Content Law to have the participation of indigenous engineers.<\/p>\n<p>Also the  President , Nigeria Institute of Quantity Surveyors (NIQS), Mrs. Mercy Torkwase Iyortyer, identified the attitude of the political class as the cause of economic recession and other challenges faced by the country.<\/p>\n<p>Mrs  Iyortyer, who was represented  by the Secretary, Marketing and Corporate Affairs, Mr Jide Oke, said   since infrastructure is very critical to construction , Nigeria must deal with the issue of power.<\/p>\n<p>She stressed  that the infrastructure deficit in the nation was huge, adding that the private sector must drive the sector to speed up development.In his submission,  His Royal Majesty, Oba Adeyeye Ogunwusi, Ojaja 11, \u00a0the Ooni of Ife, expressed optimism  that the country will definitely gets it right as long as the citizens join hands with government in its policies.<\/p>\n<p>Ooni, who was represented at the event by His Royal Highness, Oba Adebanjo Adedinni Asoya of Isoya, Ife and his counterpart, Oba Adetokunbo Anosunge, Elejesi of Ife Kingdom, assured the organiser of the event his commitment to the course of construction industry, especially, infrastructure provision and <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">housing<\/a> delivery.<\/p>\n<p><a hre=\"http:\/\/guardian.ng\/property\/experts-seek-commitment-to-revamp-construction-industry\/\"> Guardian <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President, Nigerian Institute of Quantity Surveyors, Mrs. Mercy Iyortyer Stakeholders in the contruction sector have called &hellip; <a title=\"Experts seek commitment to revamp construction industry\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/experts-seek-commitment-to-revamp-construction-industry\/\"><span class=\"screen-reader-text\">Experts seek commitment to revamp construction industry<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":6553,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[2890,1399,3124,344,522,41,15307],"class_list":["post-6552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-construction","tag-development","tag-engineers","tag-housing","tag-nigeria","tag-property","tag-ulta"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/Mercy-Torkwase-Iyortyer.jpg?fit=1280%2C720&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":10975,"url":"https:\/\/amazingproperty.com.ng\/blog\/how-to-stave-off-recessed-economy-in-housing-by-experts\/","url_meta":{"origin":6552,"position":0},"title":"How to stave off recessed economy in housing, by experts","author":"Amazing Property","date":"November 23, 2022","format":false,"excerpt":"\u00a0 Professionals in housing sector should come to a round table . There is widespread eanxiety as Nigeria has entered another recession amid the coronavirus pandemic. The worst hit by the declining economic trend had been the housing industry, which was nursing injuries from government policies in the last four\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/11\/Emma-Wike.jpg?fit=1200%2C674&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/11\/Emma-Wike.jpg?fit=1200%2C674&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/11\/Emma-Wike.jpg?fit=1200%2C674&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/11\/Emma-Wike.jpg?fit=1200%2C674&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/11\/Emma-Wike.jpg?fit=1200%2C674&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":1332,"url":"https:\/\/amazingproperty.com.ng\/blog\/estate-agents-tasked-on-research-innovation\/","url_meta":{"origin":6552,"position":1},"title":"Estate agents tasked on research, innovation","author":"Amazing Property","date":"February 27, 2017","format":false,"excerpt":"[ad_1] Illustration of a proposed estate Members of the Association of Estate Agents in Nigeria (AEAN) have brushed aside political and economic challenges that have plagued the Nigerian nation, agreed to embrace new innovation and imbibe the culture of research. Stakeholders in the real estate sector, expressed some of these\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Mass-housing-2.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Mass-housing-2.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Mass-housing-2.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Mass-housing-2.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Mass-housing-2.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":4047,"url":"https:\/\/amazingproperty.com.ng\/blog\/stakeholders-seek-legislation-to-enforce-block-making-standards\/","url_meta":{"origin":6552,"position":2},"title":"Stakeholders seek legislation to enforce block-making standards","author":"Amazing Property","date":"May 1, 2017","format":false,"excerpt":"The collapsed building in Admiraty way, Lekki, Lagos Considering the role of block moulders in Nigeria\u2019s building industry, stakeholders within the sector have called on the Federal and state governments to put in place a body empowered by legislation, to monitor quality of blocks. This, they said, is the way\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/lekki.jpg?fit=1200%2C674&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/lekki.jpg?fit=1200%2C674&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/lekki.jpg?fit=1200%2C674&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/lekki.jpg?fit=1200%2C674&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/lekki.jpg?fit=1200%2C674&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":6286,"url":"https:\/\/amazingproperty.com.ng\/blog\/property-market-developers-still-see-gloom-despite-exiting-economic-recession\/","url_meta":{"origin":6552,"position":3},"title":"Property market: Developers still see gloom despite exiting economic recession","author":"Amazing Property","date":"September 19, 2017","format":false,"excerpt":"By\u00a0Kingsley Adegboye IN spite of the cheering news that the country is getting out of\u00a0 economic recession, the bleak outlook of the housing sector of the nation\u2019s economy will remain a major cause for concern for real estate developers and the survival of their businesses in the country. This is\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"LAGOS-ESTATE-1.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/LAGOS-ESTATE-1.jpg?fit=412%2C250&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7717,"url":"https:\/\/amazingproperty.com.ng\/blog\/real-estate-industry-to-record-modest-growth-in-2018\/","url_meta":{"origin":6552,"position":4},"title":"Real estate industry to record modest growth in 2018","author":"Amazing Property","date":"January 8, 2018","format":false,"excerpt":"An illustration of the proposed Ilubirin housing estate in LagosThe growth of the nation\u2019s real estate industry is expected to be sustained this year, with increased signs of economic recovery. And this positive outlook will be largely driven by the country\u2019s sound macroeconomic fundamentals, the growing knowledge process outsourcing\u00a0industry, aggressive\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Lagos 08 01 2018.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Lagos-08-01-2018.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Lagos-08-01-2018.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Lagos-08-01-2018.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Lagos-08-01-2018.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Lagos-08-01-2018.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":5084,"url":"https:\/\/amazingproperty.com.ng\/blog\/recession-developer-predicts-boom-for-real-estate-sector\/","url_meta":{"origin":6552,"position":5},"title":"Recession: Developer predicts boom for real estate sector","author":"Amazing Property","date":"June 27, 2017","format":false,"excerpt":"[ad_1] By Kingsley Adegboye Mr. Adetokunbo Ajayi is the Managing Director\/Chief Executive Officer, Propertygate Development and Investment Plc. He spoke to Vanguard Homes & Property on the out look for real estate sector of the nation\u2019s economy. \u2022Mr. Adetokunbo AjayiFollowing projected improvement in global productivity growth for 2017 by the\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/d19lga30codh7.cloudfront.net\/wp-content\/plugins\/lazy-load\/images\/1x1.trans.gif?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/6552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=6552"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/6552\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/6553"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=6552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=6552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=6552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}