Senator Ashafa says The Nigerian Construction Industry is the No 1 Industry in Nigeria

The Construction Industry is the No 1 Industry in Nigeria

-Vice Chairman, Senate Committee on Lands, Housing & Urban Development

The Senate Vice Chairman on Lands, Housing & Urban Development, Senator Gbenga Ashafa recently stated that the construction industry is the No 1 industry in Nigeria.  He made this statement while delivering his speech at the stakeholders meeting and the 57^th Annual General Meeting and Exhibition of the Federation of Construction Industry at the Ladi Kwali Hall, Sheraton Hotels, Abuja.

He pressed on stating that the industry is a business-driven sector that all should invest in. On this note, he said there have been moves on how to totally involve and indulge both the private sector, young entrepreneurs and the government to buy into developing Nigeria’s infrastructure.

Senator Gbenga Ashafa, a lawmaker representing Lagos East Senatorial District in the Upper Legislative Chamber added that the construction industry opens opportunities to all and it is an industry that allows ‘for-all’ profit, as it permits other professions to benefit from it.

In his words, he said ‘we can bail our country through this sector, as it provides opportunities for employment. He also told the built sector stakeholders that the Legislative house has been considering the social housing bill, which is now at the second reading stage. He assured the house that the bill will definitely be passed. He added that they believe this is going to be a way out for Nigeria’s housing problem as it will include a heavily subsidized housing policy.

He congratulated the organisers of the event and implored them not to be discouraged even while looking at the performance of their GDP, which is around 3.2. He furthered his statement, saying it is not as a result of their non-performance, but the Nigerian economy. He praised the members of the Federation of Construction Industry that they even got to that level because of the efforts they have put in.

The event which lasted for three days took place on the 25^th of June to 27th of June 2013 and had in attendance dignitaries and personalities from notable industries.