Business
Institute Tasks FG On Modernised Mud Houses
The Vice-President of the Nigerian Institute of Quantity Surveyors (NIQS), Mr Olayemi Shonubi, has urged the Federal Government to encourage researches into the refurbishment of mud houses in the country.
Shonubi told newsmen in Lagos that the mud could be molded into bricks for the building of modern houses.
The NIQS chief suggested that brick-blocks could be designed into inter-locking shape, so that there would be no need for cement to bind the bricks.
According to him, the country has enough mud and other materials that can be used in building construction, adding that such material will be sourced locally at affordable cost.
He said that if government leverage on such initiative, the cost of housing in Nigeria would reduce.
“Mud houses are cheaper to construct; as a result, it can be produced in large quantity because mass house production is what the country needs, to be out of the housing deficit.
“There is virtually no component used in the construction of the building that cannot be sourced within the country,” he said.
Shonubi said there was need to expand the capacities of the industries involved in the production of local building materials from sources like bricks, clay, concrete products, and timbers among others.
According to him, houses constructed with mud and other indigenous building materials are more economical, durable, better and easier to maintain compared to the ones built with cement and imported materials.
“With mud houses, there is no need for extra expenses to install air-conditioner because during heat period, mud houses are constantly cool.
“While a cemented block house generates heat particularly during the dry season, a mud house is conducive all-round the year,” he said.
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.
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