Quantity Surveying- Conference Paper

Permanent URI for this collection

https://ir.unilag.edu.ng/handle/123456789/7057

Browse

Browsing Quantity Surveying- Conference Paper by Subject "Development"

Now showing 1 - 2 of 2
  • Item
    Open Access
    Factors influencing development of small construction companies in Abia and Akwa Ibom states, Nigeria
    (INTERNATIONAL COUNCIL FOR RESEARCH AND INNOVATION IN BUILDING AND CONSTRUCTION, 2014-01) Asuquo, C.F.; Ogbu, C.P; Akinsiku, O.E.
    The economic significance of small construction companies (SCCs) has been globally recognized, especially in developing economies. This study was carried out in Abia and Akwa Ibom States. Its objective was to identify and evaluate factors affecting the growth and development of SCCs in the research area. SCCs in Nigeria often experience stunted growth and show high mortality. Sixty Five (65) SCCs were randomly selected and administered with questionnaires. Data obtained were analyzed using descriptive statistics, and binary logistic regression. The study reveals that majority of CEOs of SCCs are first degree (n=31, 47.69%) and higher national diploma (n=24, 36.62%) holders. Key findings are that there are significant relationships between SCC growth and development and the entrepreneurial/managerial competence of the SCC leadership (p =0.007), financial problems (p= 0.028), work availability problems (p =0.027) and equipment problems (0.034). By implication, addressing these problems will lead to a virile SCC subsector in the Nigerian construction industry. On the bases of the key findings of this study, adequate entrepreneurship training of construction professionals is recommended to the government and other stakeholders in the affected states. It is also advocated that professional and educational institutions should work together to improve the construction management competence of SCCs.
  • Item
    Open Access
    Utilization of public private partnership (PPP) for social infrastructure provision in Nigeria
    (University of Lagos Press, 2015-11) Akinsiku, O. E.; Ajayi, O.M.
    Public Private Partnership (PPP) has been widely used to deliver public infrastructure and services in most developed countries like UK, Australia and Canada. However in Nigeria, the implementations of PPP for social infrastructure have not been fully adopted despite the benefit of the procurement system in terms of the usage of private sector finances to provide public infrastructure. This study thus assesses the utilization of PPP for social infrastructure in Nigeria. Cross-sectional research design is used for this study and the population comprises of professionals involved in the execution of PPP projects, government agencies and parastatals, public and private institutions, and contracting organisation. Convenience sampling technique method is used for this study of which 68 questionnaires were distributed and 49 was returned and used for the analysis, given an average response rate of 72%. The study shows that the level of utilisation of PPP procurement system is very low as most respondents have not been involved in PPP procurement system in Nigeria, this is attributed to the fact that this procurement system is yet to be fully embraced and adopted as a means of providing critical infrastructural need although professionals are quite aware of the procurement system.