Nigerian Bank Nigeria – NSE Says Construction Bill Will Create Jobs

Source Daily Trust: Nasir Imam, January 22th 2010

The President of the Nigerian Society of Engineers (NSE), Engr. Olumuyiwa Alade Ajibola has stated that the ‘ Nigerian Indigenous Construction Company (motivation and protection) Bill 2009′ currently at the committee stage at the House of Representative will bring about increased employment in the country when passed into law.

Speaking during a presentation at the Public hearing on the bill at the National Assembly, Ajibola said the bill shows that the legislators were desirous of what he called positive progress in the real sector of the economy.

He said the bill was coming at the right time as countries all over the world were doing everything to improve local capacity of its professionals especially engineers through support of indigenous companies. In Africa, he mentioned the governments of Zambia and Tanzania where a National Construction Council (NCC) has been established by both governments to promote the development of the local construction industry in their countries.

Engr. Ajibola said the passing of the bill into law will particularly lead to a construction industry that maximizes local participation in the country.

Nigerian Bank Nigeria