Firm To Reduce Road, House Construction Cost

An Italian construction
company, Gagliadi, has offered to assist in reducing the high cost of building and road construction in Nigeria.
Chairman of the company in Nigeria, Mr Koye Shogbola, made this promise during an interactive session recently with journalists in Lagos.
He said with the dwindling revenue from oil and the need to develop new infrastructure and maintain existing ones, stressing that the company’s experience in road construction and building infrastructure at modest cost would be greatly beneficial to Nigeria.
According to Shogbola, Gagliadi’s financial model for construction of low-income houses would bring smiles to the faces of millions of Nigerians who dream of owning houses but could not get support and needed assistance from firms and financial institutions.
“In many parts of Europe and North Africa, Gagliadi’s financial model for low-income houses has made it possible for many to become home owners,’ he said, adding that the model would help millions of civil servants and other classes of paid workers and small-scale business people.
The company’s chairman explained further that unlike most foreign multinationals, Gagliadi relies on local workers for most of its workforce and enriches worker with new skills and techniques as well as use of local materials.
“The coming of Gagliadi will positively impact our economy. Many of our young graduates, who are highly qualified but are roaming the streets will be gainfully employed as the company had done in Libya, Tunisia and even Morocco,” he stated.
He said the company was looking forward to a mutually beneficial relationship with the government and Nigerians.
According to him, with over five decades experience in road construction and building of low-cost houses in Italy, Spain and Portugal, Gagliadi has done expansive work in North African countries, such as Tunisia, Morocco and Libya before opening shop in Lagos.