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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Energy & Infrastructure

NIQS Urges Nigeria to Halt Waste and Cost Overruns on Infrastructure Projects

From ThisDay · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • The Nigerian Institute of Quantity Surveyors warned that unrealistic estimates, cost overruns and abandoned projects are undermining infrastructure development.
  • NIQS President Aminu M. Bashir urged quantity surveyors to identify financial risks early, resist inflated figures and report irregularities.
  • The institute made the call during its 2026 national workshop and the induction of 175 new members in Abuja.

Nigeria cannot afford to waste more of its limited infrastructure funding, the Nigerian Institute of Quantity Surveyors warned as it inducted 175 new members in Abuja.

NIQS President Aminu M. Bashir called for stronger cost controls and accountability in public projects. He said unrealistic estimates, cost overruns and abandoned construction continue to weaken development efforts and deepen the countryโ€™s infrastructure deficit.

Bashir described quantity surveyors as the โ€œconscience of costโ€ in the built environment. Their responsibilities, he said, extend beyond preparing bills of quantities to cost planning, procurement advice, risk management, project monitoring and assessing value for money.

He urged the newly inducted professionals to keep their skills current and warned them not to allow qualifications to outpace competence. He also told them to resist pressure to inflate figures, manipulate project variations or overlook irregularities.

The NIQS president said practitioners would face tests when asked to approve questionable figures, certify incomplete work or compromise procurement procedures. He also urged the profession to play a more visible role in government and policymaking, where decisions involve billions of naira in construction spending.

The warning came during the instituteโ€™s 2026 National Workshop and Induction of New Members, held from August 25 to 27 at Nile University of Nigeria in Abuja. The event focused on infrastructure delivery, including project management, mechanical, electrical and plumbing services, highway infrastructure and cost management.

conscience of cost

โ€” Aminu M. BashirThe NIQS president used the phrase to describe the professionโ€™s role in protecting value in construction spending.
About this summary

Originally published by ThisDay in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.