Business
Registrar Explains High Survey Fees
The Registrar, Surveyors Council of Nigeria (SUCON), Mr Suleiman Hassan, has attributed the high fees charged by surveyors to the quality of their work.
Hassan told newsmen in Abuja on Tuesday that surveyors’ professional competency and experience make them highly expensive in the light of their numerous challenges.
He said that surveyors’ fees are always exorbitant in the construction industry because they are unwilling to compromise quality.
According to him, the end results of the services surveyors render to their clients more often than not encourage stakeholders in the construction industry to engage true professionals rather than quacks.
“The issue of charges depends on what you want to achieve, if you patronise a professional surveyor in view of the high charges you can always go back to him or her to ask questions.
“You are also sure if anything goes wrong there is always a place you can take him to, you can report him but if you patronise a quack the day he gives you your work plan he will leave that place, you won’t see him again.
“People that charge you higher are always ready to give you more; the issue of charges depends on how informed your client is.
“If I pay you small money it is for that service delivery you cannot come back to me later to either consult or ask questions and with this, you will find out that you have been short-changed.
He said that the council was doing its best to flush out quacks in the profession despite all the challenges, adding it will not rest on its oars until the menace of quackery has been brought under control.
The Tide source reports that land surveying in Lagos now costs as much as between N350, 000 and N650, 000 depending on location or site to be surveyed.
In Lagos Island, Eti-Osa, Ikeja and Papa, land surveying which used to cost N300, 000, is now going for N1million.
In Somolu, Alimoso, Mushin, Agege, Ibeju Lekki, Kosofe, Lagos Mainland, Amuwo Odofin Local Government Areas, where formerly pegged surveying cost of N180, 000 has now been hiked to N650, 000.
Hassan also identified paucity of fund as a major challenges hindering the effectiveness of the council to ensure physical monitoring and evaluation of its members and profession which is part of its mandate.
The registrar further said insufficient funding had limited the council’s ability to establish more zonal offices that will help in coordinating its activities.
“The major challenges facing the council are the issue of finances, because there are things that we need to do which proper funding has hindered us from doing.
“For example, we need to be on ground in every state to have our offices for effective monitoring, and effective evaluation of our members.
“We have offices in some states but it is not enough, we need more zonal offices,” he said.
The registrar said that the council was contemplating collaboration with other stakeholders to make sure registered surveyors adhere strictly to the code of conduct of the profession by doing the right things.
Business
FG’s N1,350 FUEL DISCOUNT: Drivers lament low impact on Transportation
Some Commercial drivers in Port Harcourt have said that the Federal Government’s N1,350 fuel discount is yet to reduce their daily operating cost.
A cross session of commercial drivers who spoke to The Tide correspondents in Port Harcourt said they are yet to feel the impact of the government discount, adding that most filling stations in the city are even selling above the pump price
A driver Jude Ogbo who operates the mile 1 Rumuokoro axis of Port Harcourt said plies the discount has not reflected in his daily fuel expenses.
“Since the discount was announced, many filling stations still sell at the old price. When you go there, you discover they sell you two litres at the price of one. For now, we have not seen any reduction,”_ he said.
Another commercial driver, Comrade Ishmael Uzeho who operates within the Port Harcourt metropolis, said the discount is not being implemented across the country.
“How has the discount affected us? I will say it has not. Many stations are not working. Only NNPC is working and that is just one person in the whole country. If government really wants to help, let the fuel price go down properly,”_ he said.
Uzeho added that if the price of fuel goes down, transport fares will also go down. He noted that his route fare has remained at N500.
On his part, Mr. Moses Dapa, Supervisor at Sam Jaja Foundation Transport Company, said the company has not increased its fares despite the high cost of fuel.
“We are still running normal price. We charge N2,000 and N5,000 depending on the destination. We will not increase our price. I don’t know about other parks, but for Sam Jaja, we are maintaining normal price,”_ Dapa said.
He appealed to passengers to understand that drivers are not using high fuel price as an excuse to charge excessive fares.
Other drivers who spoke said the federal government should monitor the NNPCL retail stations to ensure that the directive is implemented.
Recalled that The Federal Government in abid to reduce transportation cost in the country had announced a 30-day margin discount at NNPC Retail stations across the country from October 1 to 31,
However investigation revealed that the policy is yet to affect transportation cost in the country.
By; Stephens Sopakriba and Saint Davies
Business
Nigeria Has gas potential to navigate energy crisis – Group
In a press statement released to The Tide’s source on Friday in Abuja, the group said Nigeria had a significant resource advantage due to its vast natural gas reserves.
“At a time when global energy markets face unprecedented volatility and rising operational costs, Nigeria stands on a massive resource advantage with its vast natural gas reserves,” the group said.
Highlighting this potential, Alfa Designs urged the nation to move past complaints over energy costs and aggressively embrace Compressed Natural Gas (CNG) as a sustainable engine for economic growth.
While federal policy adjustments have sought to cushion the impact of global energy shocks, industry experts emphasised that long-term relief hinges on a rapid, nationwide transition to gas.
“Transitioning away from expensive traditional petroleum products promises to ease the financial burden on ordinary citizens.
“It will also reposition Nigeria as an attractive industrial hub capable of drawing foreign direct investment and driving job creation,” it said.
To demonstrate the practical feasibility of this transition, the group said it recently partnered with a global Original Equipment Manufacturer (OEM) to lower the entry barriers for commercial drivers.
“By negotiating directly with the manufacturer, we reduced the total cost of acquiring and installing a CNG conversion kit for commercial tricycles (commonly known as Keke NAPEP) from up to N700,000 down to under N450,000.”
The group said this shift offers dramatic immediate financial benefits for local operators, with petrol currently selling at roughly N1,390 per liter.
It said that, in comparison, at a CNG equivalent price of about N98 per liter, a daily commercial driver using 10 liters of fuel reduces its daily energy expenditure from N13,900 to N3,980.
“This represents a daily net savings of N9,920, or more than 71 per cent.
“Over a standard 26-day working month, drivers save over N257,000, allowing them to fully recover the cost of the CNG conversion in less than 46 operational days.”
The company further stated that when scaled nationally, the economic implications are monumental.
“Nigeria consumes approximately 50 million liters of gasoline daily, costing roughly N69.5 billion per day.
“A nationwide 71 per cent reduction in fuel expenditure would generate daily national energy savings of N49.6 billion.
“On an annualised basis, this shift equates to approximately N18.1 trillion, or $13.5 billion, kept within the domestic economy.”
The group added that those recurring national savings would offer a vital mechanism to help address Nigeria’s estimated $2.3 trillion infrastructure deficit.
It said reinvesting those funds into the economy helps eliminate the 30 to 40 per cent operational overhead currently consumed by imported fossil fuels.
“The resulting boost to corporate margins expands the national tax base, generates reliable user-fee revenues to make major transit projects bankable, and creates a self-sustaining financial cycle,” it said.
Business
Don’t Wait For White Collar Jobs, Diri Charges Youths …Harps On Agroprenuers Businesses
