Housing/Property
Builder Wants Incoming Legislators To Regulate Housing Sector
A builder, Steven
Adejumo has attributed the ugly trends that have befallen the housing sector in Nigeria to lack of effective legislation guiding activities in the housing sector.
Adejumo said that the non-passage of effective building code by the National Assembly had made it difficult for effective regulation of the activities of operators in the sector.
He said if such law was put in place, it will help to regulate and monitor the activities of both professional and private developers.
Adejumo, a member of the Nigerian Institute of Builders (NIOB) who disclosed this to The Tide in a chat in Port Harcourt explained that the Institute proposed a bill to the National Assembly and that the bill had been there for so long.
“It is when such bill is passed that the issue of high rent can be checked.
“NIOB has been making government to industrialise the country so that the cost of most of the building materials will be affordable. The Ajaokuta Steel Company is still not functioning optimally after so many years.
“High cost of building materials and reinforcement is another problem confronting people who plan to build their own homes.
“If the government can revitalise our industrial base, the cost of building materials will come down and many people would be able to build their own homes,” he said.
Corlins Walter