FEDERAL MINISTRY OF POWER, WORKS & HOUSING

FMPWH

Font Size

LATEST PRESS
17 November, 2017

FG’s Massive Investment In Construction, A Pinnacle To Economic Growth And Recovery

The Vice President, Prof. Yemi Osinbajo, SAN, has stated that the Administration of President Muhammadu Buhari adopted one of the most effective strategies to drag the nation’s economy out of the woes of recession through massive spending and investment in the construction industry.

Professor Osinbajo noted that the present government understands very clearly the critical role the construction sector plays in a nation’s industrial and economic development. He added that ‘’apart from providing houses for the citizens and roads to facilitate societal integration and movement of goods, the construction sector creates formation and wealth in the economy.’’ According to him, the multiplier effect and employment generated by the on-going construction of National Housing Programme, covering all the 36 states of the federation and FCT is as a result of massive spending on construction by government.

Speaking at the 27th Biennial Conference and General Meeting of the Nigerian Institute of Quantity Surveyors in Abuja, the Vice President, represented by the Honourable Minister of State II for Power, Works and Housing, Surv. Suleiman Hassan Zarma, mnis, said the theme of the conference: ‘’Developing the Economy for Sustainable Growth- The Construction Industry as an Effective Stimulant’’ is a key component of the Change Agenda of Mr President.

He commended the President and members of the Institute for demonstrating responsibilities to contemporary issues relating to government for the growth and development of Nigeria, adding that Government will sustain the collaborative efforts with key stakeholders like the professionals, contractors and manufacturers to bring about the much desired transformation in the industry.

Earlier in her opening remarks, the President of the Nigerian Institute of Quantity Surveyors (NIQS), QS Mercy Iyortyer stated that the choice of this year’s theme is part of the Institute’s ongoing efforts in contributing to the change mantra of the present administration in the area of sustainable economic growth and national development.

QS Iyortyer on behalf of the Institute commended the government of the day for taking the bull by the horn in getting the country out of recession thereby reducing dependency on oil revenues and diversifying the economy by harnessing other industries such as agriculture, manufacturing and solid mineral as well as tackling other macroeconomic factors.

The president of NIQS appealed to the government to consider reformations in the sector by constituting a Construction Industry Board or Council comprising key players in the Industry who will advise, plan and execute reforms that will galvanize the Industry into the needed stimulant for sustainable economic development and growth.

There were keynote addresses by the FCT Minister, Muhammad Musa Bello, past Presidents of NIQS and other major stakeholders in the sector that graced the occasion. The meeting is expected to issue a communiqué at the end conference which will be forwarded to the appropriate authority for necessary action.

Records 4 of 98

 

PHOTO NEWS
16 December, 2017

FASHOLASHEHURIHASSAN AT THE SIGINING OF 550MW POWER PURCHASE AGREEMENT BETWEEN KINGLINE DEVELOPMENT NIGERIA LIMITED AND NBET

Managing Director Nigerian Bulk Electricity Trading PlcNBET Dr Marilyn Amobileft and Chief Executive Officer Kingline Development Nigeria Limited Mr Sean Kimright during the Execution of the Power Purchase Agreement for a 550MW Gasfired Power Project in Ondo State between NBET and Kingline Development Nigeria Limited at the Ministry of Power Works Housing Headquarters Mabushi Abuja on Thursday 14th December 2017

Click To View More Pictures

...Read More
POWER NEWS
PHOTO NEWS
11 October, 2017

FASHOLA HASSAN OTHERS AT THE 20TH MONTHLY MEETING OF POWER SECTOR OPERATORS IN OWERRI

Hon Minister of Power Works Housing Mr Babatunde Fashola SAN left and Permanent Secretary Power Engr Louis Edozien right during the 20th Monthly Meeting with Sectoral Participants in the Power Sector hosted by Enugu Electricity Distribution CompanyEEDC at the ZO5 Injection Substation along Owerri Onitsha Road Owerri Imo State on Monday 9th October 2017

Click To View More Pictures

...Read More
Records 1 to 4 of 31 Download(s)