The Nigerian government has again promised to collaborate with various stakeholders in the Housing, Land and Urban sector, to ensure employment generation and sustainable economic development.
The Minister of Works, Housing and Power, Mr. Babatunde Fashola said that such collaboration process had helped to build infrastructure in Europe, Asia and many parts of the Middle East.
Mr Fashola spoke at the 5th meeting of National Council on Land, Housing and Urban development in Ilorin, the Kwara state capital, on Thursday.
Housing road map
He said the Ministry had unveiled Housing Road map with a view to making the Housing project of the Nigerian government reflect cultural and climatic diversities to northern and southern parts of the country.
“The government has earmarked on one point eight trillion naira, representing 30% of the total budget for the year to capital expenditure to revive the economy,’’ the Minister stressed.
He called on Architects, Builders, Quantity Surveyors and other stakeholders in the built environment to patronise made-in Nigerian products to further stimulate the economy.
The kwara State Governor, Abdulfatah Ahmed said there was need to explore strategies for deepening synergy between the built environment and the private sector in view of current economic realities and global trends.
According to him, Kwara is already implementing that approach with the establishment of Infrastructure Development Fund (IF-K), a model for funding infrastructure that ensures contractors are paid regularly and insulates project implementation from fluctuations in the national economy.
Governor Ahmed also advocated the concessioning of critical infrastructure to tested private sector operatives, to secure the efficiencies and revenues associated with Public Private Partnership approaches.
He spoke while declaring open the 5th National Council on Lands, Housing and Urban Development.
The theme of the event was ‘Building Adequate Capacity of Professionals, Artisans and Tradesmen in the built environment.’
Policy makers in Lands, Housing and Urban Development from the 36 states of the federation attended the event.