Business
Efficient Property Management Can Attract Investors –Expert
A property expert, Dr. Chinedu Nwachukwu, has described good project management indices as the secret weapon being used by the developed nations to attract investors.
He told The Tide source in Lagos that achieving success in building construction was a major function of project management.
“When there is failure, abandonment or collapse of a building, everybody looks up to the engineers, who in their professional pride accept the blame, but could not un-ravage the menace.
“The answer to project success, failure, abandonment or collapse of building lies in efficient project management,’’ he said.
Nwachukwu, who lectures at the Department of Project Management Technology, Federal University of Technology Owerri, Imo State, said that good management was important, especially in the construction industry.
“The importance of project management, as an agent of development, is enhanced by its ability to provide gainful employment for the teeming population.
“Therefore, in driving our developmental targets, it is imperative to institutionalise project management for the nation’s development,’’ he said.
Nwachukwu said that effective project management policy was the only solution to construction failure, collapse, or abandonment.
“These developmental failures threaten the foundation of economic growth and slow down the chances of realising the Vision 20:2020,’’ he said.
He recommended that project management should be a national policy and enshrined in the nation’s constitution.
“Every organisation, in all sectors of the nation’s economy, should be encouraged to establish the department of project management,” he said.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
