• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 30, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NIQS Champions Sustainable Growth Ahead Of 2024 AGM

by Orjime Moses
7 months ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

Amid economic challenges in Nigeria’s construction industry, the Nigerian Institute of Quantity Surveyors (NIQS) has advocated for sustainable growth and innovation.

Advertisement

The institute will host its 2024 Annual General Meeting (AGM) in Port Harcourt from November 26 to 29.

Speaking at a press conference ahead of the event, the NIQS President, QS Kene Nzekwe, FNIQS, outlined the institute’s commitment to strengthening quantity surveying practices in response to Nigeria’s economic challenges.

Under the theme “Strengthening Quantity Surveying Practices and Processes for Growth and Sustainability in a Turbulent Economy,” this year’s AGM aims to address pressing issues facing the construction industry.

Nzekwe emphasized the critical role of quantity surveyors in efficient resource allocation, cost management, and project execution amidst economic volatility.

RELATED

Nigeria Is In Our DNA, Says Lucian PM

Nigeria Is In Our DNA, Says Lucian PM

2 hours ago
Adeyanju Fingers Burna Boy In Speed Darlington’s Fresh Arrest

Speed Darlington Threatens NAPTIP With N2.5bn Lawsuit For Declaring Him Wanted

2 hours ago

“In these turbulent times, quantity surveyors must adapt and innovate to stay relevant. We are indispensable in ensuring efficient resource use and delivering value-for-money solutions, particularly as the nation grapples with inflation and limited resources,” Nzekwe said.

He disclosed that NIQS has implemented several initiatives to enhance project outcomes and promote best practices.

Among these is the ongoing development of a comprehensive cost databank for the construction industry, a resource expected to provide reliable benchmarks for project cost estimation and planning.

Another milestone is the Building and Engineering Standard Method of Measurement (BESMM 4R), a standardized framework for cost estimation and transparency in project management.

Nzekwe urged stakeholders to adopt BESMM 4R, highlighting its potential to enhance accountability and improve project quality.

Additionally, the institute has introduced a Standard Method of Resource Scheduling tailored to small-scale and informal construction projects.

This initiative, according to the president, supports smaller builders by offering clear guidelines for resource allocation and scheduling, fostering inclusivity and sustainability in the sector.

Despite these advancements, the construction industry faces significant challenges, including hyperinflation driven by economic policies like fuel deregulation and the floating of the Naira. The prevalence of unqualified personnel in cost management, often referred to as “quackery,” further undermines project success, leading to abandoned projects, cost overruns, and structural failures.

“Quantity surveyors are the only professionals equipped to provide accurate cost assessments and management from project conception to completion. Engaging unqualified personnel not only compromises project outcomes but also jeopardizes public safety,” Nzekwe stated.

The NIQS has called on the government to prioritize the engagement of qualified quantity surveyors in all construction and infrastructure projects.

The institute also advocates for separating design and cost management responsibilities to promote transparency and ensure judicious use of public funds.

As the AGM approaches, Nzekwe reaffirmed the NIQS’s commitment to collaborating with stakeholders to optimize project delivery and achieve sustainable growth.

“Our role is to advise and provide expertise to help navigate challenges, particularly in managing construction costs and scarce resources,” he said.

The AGM will also serve as a platform for the NIQS leadership to present its achievements and receive feedback from members on ways to further strengthen the institute.

“Through collaboration, innovation, and adherence to global best practices, we can reverse current trends and create a resilient, efficient construction industry,” Nzekwe concluded.

He emphasized that, as the industry navigates uncertain economic times, the solutions presented at this AGM will be key to shaping the future of construction in Nigeria.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Cross River: Foundation Holds Medical Outreach In Bekwarra

Next Post

Tackling SGBV Key To Building Stronger Democracy

Orjime Moses

Orjime Moses

You May Like

Nigeria Is In Our DNA, Says Lucian PM
News

Nigeria Is In Our DNA, Says Lucian PM

2025/06/30
Adeyanju Fingers Burna Boy In Speed Darlington’s Fresh Arrest
Entertainment

Speed Darlington Threatens NAPTIP With N2.5bn Lawsuit For Declaring Him Wanted

2025/06/30
Edo Govt Seals Ighodalo Campaign DG’s Hotel
News

Pastor, Woman Stripped Naked Over Alleged Infidelity In Edo

2025/06/30
Ex-Lawmaker Mashood Mustapha Arraigned For Alleged Defamation Of Kwara Gov
News

Ex-Lawmaker Mashood Mustapha Arraigned For Alleged Defamation Of Kwara Gov

2025/06/30
Gwarzo Hails North’s First Clinical Pharmacy Prof, Hadiza Ma’aji, On Professorial Elevation
Education

Gwarzo Hails North’s First Clinical Pharmacy Prof, Hadiza Ma’aji, On Professorial Elevation

2025/06/30
Renowned Businessman, Philanthropist, Aminu Dantata, Dies At 94
News

JUST-IN: Dantata’s Burial Postponed To Tuesday 

2025/06/30
Leadership Conference advertisement

LATEST

Nigeria Is In Our DNA, Says Lucian PM

Speed Darlington Threatens NAPTIP With N2.5bn Lawsuit For Declaring Him Wanted

Pastor, Woman Stripped Naked Over Alleged Infidelity In Edo

Ex-Lawmaker Mashood Mustapha Arraigned For Alleged Defamation Of Kwara Gov

Gwarzo Hails North’s First Clinical Pharmacy Prof, Hadiza Ma’aji, On Professorial Elevation

JUST-IN: Dantata’s Burial Postponed To Tuesday 

Court Jails Cab Driver For Unlawful Trafficking Of 12 Live Parrots

Jega Harps On Modernisation Of Nigeria’s Livestock Sector

Minister Inaugurates 11-man NPA Governing Board

Navy Arrests Suspected Militant With Firearm In Bayelsa

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.