Investors in the building and construction industry in Nigeria have, over the years, put their money on various projects with good returns, but occasional fatalities at some sites are beginning to shake their confidence. However, professionals in the sector believe investor-confidence could be sustained through quality construction.
Amid daunting challenges, the industry is doing well in terms of growth. GDP figures from the National Bureau of Statistics (NBS) shows the industry grew by 4 per cent in the second quarter of 2021 with a projected 2.8 per cent annual growth over the next four years (2022-2025).
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