Business
NIA Boss Tasks ARCON On Discipline
The Nigerian Institute of Architects (NIA), and its regulatory body, Architects’ Registration Council of Nigeria(ARCON), have been charged with the responsibility of instilling discipline and ensuring high professional standards in the practice of architecture if architects must remain relevant within the sub- sector of the construction industry, as well as be abreast with developmental issues that border on transparency and discipline among members.
President, Nigerian Institute of Architects, Festus Adibe Njoku, who gave the charge at the Institute’s National Secretariat, Abuja, during a media parley recently, noted that the achievement of the institute and ARCON, since their inception, no doubt, speaks volumes, urging the two arms of the profession to break new grounds on some areas that are pertinent to the growth of architecture profession in Nigeria.
Meanwhile, NIA president has disclosed that his institute has commenced work on a Nigerian affordable housing project for the common man, using local materials in order to make the houses affordable for the low income earning group in the country.
Making the disclosure in Abuja recently, Njoku said: “We want to build a sample in Abuja. The walls might be made of mud and not blocks but when it is plastered and painted, nobody will know the difference.
We want people to know that they can build a house with local materials without spending too much. The materials will stand the test of time.
We will solve the problem of high cost of building for the poor man. It is the best approach to solving housing deficit in Nigeria.” Njoku, who lamented erosion of standards among architects, tasked ARCON to check the trend and instill discipline in the profession not minding whose ox is gored.
He said: “The Institute will channel its energy towards the issue of discipline in the practice. This is one hydra-headed monster that has been gradually eating deep into the fabric of this profession.”
According to Njoku, the need to infuse discipline, professional ethics and transparency in the process therefore calls for concerted efforts by NIA and ARCON, if practitioners are not only to remain afloat in the profession, but to ensure professional standards in the practice.
Commenting on the necessity for collaboration with the Federal Government, state governments, their agencies and institutions such as the political class as well as local and international relevant consultancy associations for the much-needed synergy that would facilitate the desired built environment on sustainable basis, NIA boss said there is need for continuous parley and interaction with mass media more than ever before to showcase interventionist programmes and achievements to the public.
On job creation, he said: “Job creation is one area that NIA more than any other body in the built environment profession, has greater responsibility.
A lot of young architects graduate from institutions of higher learning every year, and most of them end up joining others already in the job market. I therefore enjoin professional architects to use all machineries at their disposal to create job opportunities for our teeming young professionals.”
The president said there is need for continuous education of its members and public enlightenment on their responsibilities to the policymakers, sister associations and the general public.
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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.
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