Business
World Bank Links Building Collapse To Poor Regulation
World’s apex banking institution, the World Bank, has attributed the frequent building collapse in Nigeria, especially in Lagos State, to gaps and loopholes in the permitting process and the use of unqualified professionals in the design and construction of buildings.
World Bank also listed the absence of a legally adopted building design code, limited land available for development, and lack of systems to ensure the quality of construction materials among reasons buildings cave in regularly in Lagos, and other parts of the country.
The institution made the revealation in its recent report on housing regulatory framework standards in sub-Saharan Africa, which was obtained on Monday.
According to the bank, only about 10 per cent of construction sites obtain permits, and even when permits are obtained, final construction can still deviate from their requirements.
The World Bank noted that as a result of failure in regulation, building collapses occur during the rainy season due to construction on inappropriate sites and/or flood damage to foundations and structures.
It also stressed that the building control authorities were under-resourced and lacked adequate transportation and equipment to carry out effective site monitoring and inspection.
To resolve this, the World Bank proposed collaboration between the government and private sector, as well as bottom-up outreach to inform communities about the risks associated with low-quality construction and design.
By: Corlins Walter
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
