Business
Engineers Urge FG To Revive Technical Colleges
Nigerian Society of Engi
neers (NSE) in Abuja urged the federal government to revive technical colleges to train artisans and craftsmen to enhance proficiency in the construction industry in the country.
The Chairman, NSE Abuja chapter, Mr Yakubu Garba, told journalists in Abuja that if artisans and craftsmen are properly trained, it would reduce the incidence of building collapse in the country.
According to him, the building industry is the largest employer of labour and so everybody claims to be a structural engineer without acquiring the relevant building technology and structural engineering skills.
Garba said that there was urgent need to revitalise vocational training centres and technical colleges across the country to create a pool of man power needed in the industry to eliminate quacks.
He explained that this will go a long way to reduce the incidence of the frequent collapse in structures.
The chairman explained that construction does not start and end with engineering, saying that the engineers constructs what has been designed by the architect.
The engineer ensures that what is designed on paper is effectively brought to reality on ground.
“The skills proficiency of our artisans and craftsmen is very poor and this is due mainly to the dearth of technical and vocational training centres.
“We have discovered from experience on the field that if you see excellent bricklayers, plumbers and electricians, they will tell you they are from Togo, Ghana or Benin Republic.
“So if government on its own part can bring back the training centres to train these artisans on how to construct buildings; it will reduce the rate of building collapse,’’ Garba said.
He said that in order to reduce the rate of building collapse, Nigerians need to stop the attitude of my brother syndrome and give construction jobs to the right personnel instead of quacks.
Business
NCAA Certifies Elin Group Aircraft Maintenance

Business
SMEDAN, CAC Move To Ease Business Registration, Target 250,000 MSMEs

Business
Blue Economy: Minister Seeks Lifeline In Blue Bond Amid Budget Squeeze

Ministry of Marine and Blue Economy is seeking new funding to implement its ambitious 10-year policy, with officials acknowledging that public funding is insufficient for the scale of transformation envisioned.
Adegboyega Oyetola, said finance is the “lever that will attract long-term and progressive capital critical” and determine whether the ministry’s goals take off.
“Resources we currently receive from the national budget are grossly inadequate compared to the enormous responsibility before the ministry and sector,” he warned.
He described public funding not as charity but as “seed capital” that would unlock private investment adding that without it, Nigeria risks falling behind its neighbours while billions of naira continue to leak abroad through freight payments on foreign vessels.
He said “We have N24.6 trillion in pension assets, with 5 percent set aside for sustainability, including blue and green bonds,” he told stakeholders. “Each time green bonds have been issued, they have been oversubscribed. The money is there. The question is, how do you then get this money?”
The NGX reckons that once incorporated into the national budget, the Debt Management Office could issue the bonds, attracting both domestic pension funds and international investors.
Yet even as officials push for creative financing, Oloruntola stressed that the first step remains legislative.
“Even the most innovative financial tools and private investments require a solid public funding base to thrive.
It would be noted that with government funding inadequate, the ministry and capital market operators see bonds as alternative financing.
-
Sports4 days ago
Group lauds Foundation’s contribution to football, youth dev.
-
Education4 days ago
Lga boss tasks corp members on diligent service to fatherland
-
Sports2 days ago
Boxing: Khan Brings Chaos In Ring To Lagos
-
Politics4 days ago
New PDP Leaders Emerge In Adamawa After Congress
-
Sports4 days ago
Forest Still Looking For Winning Formula
-
Sports2 days ago
Golf: Olapade, Okoko reign supreme at Lakowe Classic
-
Rivers4 days ago
Democratic Rule Return Sparks Renewed Debate In Rivers
-
News4 days ago
Troops arrest five suspected criminals with concealed AK-47 rifles