December 13th, 2007
Factors That Contributes To Cost Of Building Projects In Nigeria
(1) Location
The location of a building inadvently contributes a lot to the high/low cost of building. The Nigerian case for class has a long way of affecting cost of building generally, especially Lagos.
What happens in our urban areas is class segregation, a case whereby you were once poor and fits for the slums and outskirts or other areas that are less prime, and suddenly your economic purse changes, the first thing that happens to an average Nigerian is to relocate. Why? because he believes that is where is class is, the only place fits for his children’s education, his business e.t.c