By Adibe Emenyonu
The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on the federal government to pay attention to the high cost of building materials, if it truly desires to provide affordable housing for the low and medium income earners, the less privileged and vulnerable people of Nigeria.
The institution also noted that no single cause can be identified to explain Nigeria’s poor economic performance over the years than the power situation, pointing out that “it is a national shame that an economy of about 180 million has about 12,500MWT of installed capacity as at today, with about 3,000 to 5,000MWT being transmitted to the final consumers when South Africa with a population of about 58 million generates about 59,000MWT shows that we have a long way to go.”