PHILOSOPHY/OVERVIEW
Nigeria Construction and Infrastructure Summits Background
The State of Nigeria’s Infrastructure and Construction can be described as either deplorable/inefficient or unavailable/insufficient. The Construction and Infrastructure sector is a vast Industry in Nigeria. Her Infrastructure arsenal range from roads, railways, Buildings, power & electricity, oil & gas (energy), ports and harbours, dams and canals, water resources, jetties, airport tarmacs, etc, to Telecommunications and Cyberinfrastructure. But there remain deficits and issues of quality, maintenance, local content, sufficiency, local & foreign investment, and sustainability.
The CBN had in Policy Circular No 38, rightly observed that ' Infrastructural development remains inadequate relative to the Nation's requirements. So, the Economic growth and overall development of Nations always anchor on the level/state of the Infrastructural development, its maintenance, and sustainability. Clearly, Infrastructure is the fulcrum upon which economic development and growth revolve. This is a huge issue and requires huge attention.
Nigeria's Infrastructure and Construction Sector has an asset base worth tens of trillions of Naira. It is estimated that Nigeria loses N2.03tr - N3.5tr and 3 out of every 4 Micro and Small business annually to poor or insufficient Infrastructure systems; besides numerous lives lost. Nigerian businesses of all categories, industries, financial, educational institutions, and governments at all levels suffer in this staggering melui. Year after year, Nigerians have faced this monstrous infrastructure quagmire with hopeless abandon.
This has to stop. The NCIS is birthed to help steer efforts that will change the narrative. There is a need for coordinated and unified efforts with a knowledge base in the Multidisciplinary activities in the Infrastructure sector with the aim to advance viable policy frameworks, and usher in seamless management, improvement, innovation, and maintenance strategies necessary to ensure greater value addition from the Sector. There is a need to harness efforts in the Public and Private sectors, planning, and data collation to fashion out a new robust National road map for the construction and infrastructure sector in Nigeria. There is need also to properly identify the infrastructure deficits as well as investment gaps.
Consequently, the Nigeria Construction and Infrastructure Summit Group pools together a mix of seasoned industry pillars and experts from the sector, the Organized Private Sector (OPS), Government Officials and Policymakers, Finance and Insurance, Professional bodies, and other Stakeholders to brainstorm to produce implementable solutions/outcomes in a combined, collective and well coordinated National effort. Indeed, the Largest ALL Stakeholder gathering with combined efforts to tackle the Infrastructure challenge in Nigeria.
NCIS would produce National Blueprints and Future Roadmaps, Policy Frameworks and Documents, and Innovations, inspire new ideas and technology, as well as initiate a Database for Nigeria's Infrastructure Ecosystem. NCIS would be defying stereotypes that don't help and redefining norms in Infrastructure and Construction delivery in Nigeria. All perspectives, all opinions will be harnessed to get irresistible and actionable solutions (Deliverables), advance New modernization/maintenance techniques, new technologies, and Innovations to boost and strengthen the Infrastructure architecture; showcase investment openings, job openings; data profiling/analyses, all for the benefit of the Nigerian polity.
The Summits present a very good and rare opportunity for Exhibitions, Companies, and Innovators to showcase their products and services to a large gathering of diverse professionals, governments, and stakeholders in one big event.
A World Bank finding shows that a '1% increment in the infrastructure Sector leads to 1% growth in the Economy or GDP of a Country. Economic growth and overall development of Nations always anchor on the level/state of the Infrastructural development, its maintenance, and sustainability.
"Imagine that Nigeria's Power, Roads, Railways, Water systems; Oil & Gas, and other Infrastructure are sufficient, and resilient with well-structured maintenance Policy and Future Infrastructure Blueprints and Roadmap! Business and life would be good . This is the reason for the NCIS - to help attain this level in Nigeria. This is a huge issue and hence requires huge attention.
"Where the willingness is great, the difficulties can't be great". There is no better time than now to combine our efforts to achieve the goal.
AIM
To conduct and sustain the annual National Conversation & Discourse on Nigeria's Construction and Infrastructure Sector.
To brainstorm and dissect the Infrastructure and Construction industry in Nigeria via an independent nationally coordinated and unified forum: identify issues, problems, and setbacks and offer workable solutions; appraise the state of the industry, policies, and impact assessment; gather data, seek improvement, standardization, efficiency, and sufficiency; offer new Infrastructure development strategies; help grow Nigeria's power supply and distribution steadily; complement Government's efforts at Policy documents/Frameworks; showcase employment opportunities, promote local content and Professionalism; draw a future roadmap for development and sustainability in the sector; beam searchlight on Economic blueprints for a radical transformation of the Infrastructure deficit; showcase Investment and business openings in the sector and draw both local and foreign Investors; to support Government in tackling the Infrastructure problems.
GOALS
To gather, harmonize and synergize old and new ideas, policies, and propositions and channel them to produce implementable Policy documents that would foster a more robust, pragmatic, efficient, and workable Infrastructure and Construction system overall of Nigeria.
To come up with (new) models, strategies, techniques, innovations, and methodologies to modernize and enhance the Infrastructure industry, improve maintenance culture, and optimize effective policy frameworks for Government and the Stakeholders in the Sector. Push for enhancement of the Construction and Infrastructure Bank solely for the sector
To fashion out a modern practical implementable future Roadmap for the Construction and Infrastructure industry so as to ensure seamless improvement, growth, and sustainability in the sector. Push for the establishment of a National Infrastructure and Construction Database or Data System
To help pursue sector-by-sector Milestones and Timelines of implementation on a Yearly basis. For example, to pressurize Government on practical ways to grow power supply and distribution to 200000MW by December 2024, and steadily upwards year after year
To support the Private Sector in their quest for better Ease of doing business by putting out results-based solutions for good roads, railways, sufficient & steady power, maritime and other critical infrastructures
To support the Government in drawing cogent policy documents and push for speedy passage of Infrastructure and Construction related Bills. Seek improved and better Procurement Act. Encourage Professionalism & Local content
To beam searchlight on the economic blueprints that would bring about a radical transformation of the infrastructure deficit
To argue to expand Nigeria's Infrastructure architecture by introducing new systems such as Tunneling to facilitate greater and faster movement of goods and people
To advocate the building of Resilient Infrastructures, inclusive and Sustainable industrialization, and Innovations in line with the SDG goals
To showcase business openings and help attract both Foreign and Local Investors to the sector.
To foster interactions and Networking among Professionals, Stakeholders, Agencies, and Organisations in the sector.
To help tackle construction failures, especially building collapse and other failures. To promote Professionalism and encourage Professionals to be firm in their duties. To support the Government and all other efforts to sanitize the Sector
To help develop the Soft Infrastructure i.e. the Human Capital of the Sector
To harness and collate the inputs and results from other conferences, expos, workshops, discussions, and seminars in the sector and integrate them into the National Blueprints and Database for use by Government, Private Sector, Professional bodies, Organizations, etc.
For Further Information Please call:
Seun Friday
+234 (0)813 886 4525 +234 (0)803 334 6387
ncisummits@gmail.com
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