Surveyors Blame Corruption For Infrastructure Failure

Stakeholders in the construction industry have blamed infrastructure failure in Nigeria on mismanagement and corruption.

A quantity surveyor and cost estimator, Chijioke Iwuagwu, who spoke on Tuesday at a National Workshop organised by the Nigeria Institute of Quantity Surveyors, identified inefficiency, mismanagement, and corruption as the main obstacles to successful infrastructure projects in Nigeria.

Despite spending N126tn on infrastructure between 2015 and 2024, the country’s infrastructure remains underdeveloped.

Iwuagwu noted that the government’s innovative funding methods, such as Sukuk and the Presidential Infrastructure Development Fund, had not addressed those underlying issues.