Construction industry in critical need of reforms — Onashile

The construction industry is in a critical situation and requires urgent reforms to make it function optimally and more profitably, the President, Nigerian Institute of Quantity Surveyors, Mr Obafemi Onashile, has said.

Onashile said after agriculture, construction was the next biggest employer of labour, engaging at least five per cent of the workforce and about two per cent of the nation’s population, with its products serving as the backbone of economic growth.

He, however, stated that the industry had been severely challenged in recent times, reducing its contribution to nation building and economic growth.

He said, “Construction is a very diverse industry that includes activities ranging from mining, quarrying and forestry to the construction of buildings and infrastructure, the manufacturing and supply of products as well as maintenance, operation and disposal.

The PUNCH, October 22, 2018

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