Home
Full Project – A STUDY ON THE TRENDS IN BUILDING COST IN NIGERIA

Full Project – A STUDY ON THE TRENDS IN BUILDING COST IN NIGERIA

Quantity Surveying
WhatsApp or SMS: 07087083227
Click here to Get The Complete Research Project Chapter 1-5

Full Project – A STUDY ON THE TRENDS IN BUILDING COST IN NIGERIA

Click here to Get this Complete Project Chapter 1-5

CHAPTER ONE

1.0     INTRODUCTION

The dictionary definition of trends simply means “to move or extend in a specific direction” (Long Man Family Dictionary) also trends simply means “a general direction in which a situation is changing or developing” (Advance Learner’s Dictionary).

Leaning on, this definition of “trends” thus the subject matter “trends in building cost in Nigeria” can be described as a way to move or extend in a specific direction of building cost in Nigeria.

This trend in building cost is associated with the cost of erecting a building which includes the physical preparation and developmental cost.

The construction industry is very vital to the socio-economic development of a nation, this is because the affordability or otherwise of construction affect the confidence of the citizen in their existence in any nation.

One of the first and most fundamental aspect of human needs is shelter, therefore, it become necessary that the cost of constructing a given building project should be within the reach of the average citizens, (Dr. A.R Oladele 2007).

Over the years, the discovery of oil in Nigeria alongside with increasing population led to the increase in the demand for building in Nigeria.

Also the unscheduled changes of government in Nigeria lead to the formulation of policics from one government to the other which sometimes do not favour the construction industry.

These trends in building cost are caused by the following factors which include:

  1. Method of construction
  2. Limited number of manufacturers of building materials
  3. Employment of foreign expatriates
  4. Increment of wages
  5. Import tariff
  6. Fuel scarcity
  7. Bribery and corruption
  8. Second tier of foreign exchange

These reasons mentioned above are making a tremendous contribution to the increasing building cost which in turn posing a potential blockage to the chance of the less privileged ones to own a house or building and also went further to make it difficult for them to pay rent charged by the lessor on a house.

Therefore, this project is aimed at highlighting various factors that influence these trends in building cost in Nigeria. And to come up with possible solution to curtail these treads through oral interview and questionnaires with parties involved also to asses the changes within the period of ten years (10 years) (2000-2010).

1.1  STATEMENT OF THE PROBLEMS

One of the challenges faced by the construction industry in Nigeria is the fluctuation of the prices of building materials which lead to upward and downward movement of building cost in Nigeria.

Most average Nigeria citizens are of low income thereby making it difficult for them to own a building if these trends are not properly study to plan ahead of time for a given project.

1.2     AIMS AND OBJECTIVES OF THE STUDY

1.2.1 Aim: The aim of this study is to access the trends in building cost in Nigeria from (2000-2010).

1.2.2 OBJECTIVES

This project has the following objectives:

  • To identify the behavioural pattern of building cost within a given period of time.
  • To determine the effects of these trends as it affect the society
  • To identify the causes of trends and how it can be controlled in the society.
  • To make probable recommendations on where appropriate.

1.3     SIGNIFICANT OF THE STUDY

To ascertain possible ways of using cost comparison of different cost of building project in Nigeria.

1.4 SCOPE AND LAMINATION

This thesis is to examine a general tendency on how cost of building changes in regards to time and in relation to plant, labour and materials.

The study is limited to the comparison of the cost of a two bedroom bungalow over a period of ten years(10yrs) through updating of some major building element obtained from bill of quantities from tender rates in relation to the trends from (2000 – 2010) using the cost index method of analysis.

1.5 METHODOLOGY

The method adopted for this thesis includes: oral interviews, questionnaires and case study of two (2) bedroom bungalow

 

Get the Complete Project

This is a premium project material and the complete research project plus questionnaires and references can be gotten at an affordable rate of N3,000 for Nigerian clients and $8 for International clients.

Click here to Get this Complete Project Chapter 1-5

 

 

 

 

 

You can also check other Research Project here:

  1. Accounting Research Project
  2. Adult Education
  3. Agricultural Science
  4. Banking & Finance
  5. Biblical Theology & CRS
  6. Biblical Theology and CRS
  7. Biology Education
  8. Business Administration
  9. Computer Engineering Project
  10. Computer Science 2
  11. Criminology Research Project
  12. Early Childhood Education
  13. Economic Education
  14. Education Research Project
  15. Educational Administration and Planning Research Project
  16. English
  17. English Education
  18. Entrepreneurship
  19. Environmental Sciences Research Project
  20. Guidance and Counselling Research Project
  21. History Education
  22. Human Kinetics and Health Education
  23. Management
  24. Maritime and Transportation
  25. Marketing
  26. Marketing Research Project 2
  27. Mass Communication
  28. Mathematics Education
  29. Medical Biochemistry Project
  30. Organizational Behaviour
  31. Other Projects
  32. Political Science
  33. Psychology
  34. Public Administration
  35. Public Health Research Project
  36. More Research Project
  37. Transportation Management
  38. Nursing

Education

 

 

 

Need a Project Writer for a Different Topic

 

Full Project – A STUDY ON THE TRENDS IN BUILDING COST IN NIGERIA

Click here to Get The Complete Research Project Chapter 1-5

Related Posts