Full Project – The impact of the construction industry in the development of Nigeria

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CHAPTER ONE

1.0  INTRODUCTION

1.1 BACKGROUND OF THE STUDY

Since the time of creation, man has been known to have a sense of living in a comfortable environment. To achieve this, a lot of developments have been carried out over the countries.

These developments have been tailored towards achieving good roads, drinkable water supply, easy means of communication and transportation, and clean and healthy habitant.

The idea of constructing houses, roads, bridges and so on can be traced to the time when man developed the instinct to improve his standard of living. As has been demonstrated by other countries of the world, the construction industry could contribute to a large extent in the National development.

For the industry to contribute towards national development it will be as result of their ability to manage resources.

The effect of the construction industry is important enough but they take an added importance in the context of developing economy like (Nigeria) where the sole objective is rapid economic development and achievement of which on practical terms involve the use of scarce resources for the building and construction of physical infrastructures. It is seen that the poor performance of the Nigerian construction industry could be related in some of the poor state of the overall economy.

Not withstanding, the prevailing economic climate, the performance of the industry can be improved through the implementation of appropriate and relevant management practices by operators within the industry.

1.2 STATEMENT OF THE PROBLEM.

The statement of the problem in the economic construction development of Nigeria is that which threatens any countries economic growth and development. This problem often causes worries to both the government and the public.

This also led to determining the role of construction industry and enhancing the development of Nigeria economy/National development. I also emphasize on the national development plan aimed at effectively developing the country physically and otherwise.

1.3 PURPOSE OF THE STUDY

1. The research is aimed at depicting the significance of the construction industry in the development of Nigeria.
2. The objectives are as follows:
3. To investigate the action/output of professional bodies engaged in the construction industry.
4. To check the level of civilization within the metropolis.
5. To ascertain the job opportunity rate provided by the industry.

1.4 SIGNIFICANCE OF THE STUDY                                  The significance of this study is to enable students appreciate the impact of construction industries, their roles, advantages to the development of Nigeria and to know the problems the industry is facing in Nigeria.

Furthermore, it is to assist students who research more on this work in future.

It is also worthy to note that the project highlights some of the companies/firms in a developing economy which will provide material guide and therefore be of immense benefit to the developing country such as Nigeria. It also gave various ways of enhancing the economy and how to improve standard of living of the masses.

1.5 RESEARCH QUESTIONS.

The research questions are as follows:

1. What are the impacts of construction industry in the development of Nigeria?
2. What are the problems of construction industry in Nigeria?
3. What are the merits of establishing construction industry in Nigeria?
4. What are the contributions of the construction industry within the metropolis?
5. What are the roles of construction industry in Nigeria?

1.6 DELIMITATION (SCOPE)

The research work is narrowed to study the impact of construction industry activities in Owerri the capital of Imo State.

The study is further limited to cover the activities of construction industry in Imo State capital, Owerri. The reason of carrying out this study is to know the contributions of the industry towards the development of Owerri.

1.7 LIMITATION OF THE STUDY

The major limitation of this study is time and limited financial resources which undoubtedly contribute to the hard trial in the production of this work some of the limiting factors is inadequate finance (i.e. for transportation, cost and other incidental cost) time, poor responses from respondents and general economic conditions.

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Full Project – The impact of the construction industry in the development of Nigeria