× Close

📚 Departmental Topics and Materials for (2024) Google Researchers
Banking and Finance Topics
Building Technology Topics
Business Education Topics
Community Health Topics
Computer Engineering Topics
📚 Project or Seminar Related (2024) Scholaristic Topics for Students

Search for Project and Seminar Topics Post Advertisement Items for Promotion
Anonymous
The Challenges of Indigenous Building Construction Firms in Nigeria

The Challenges of Indigenous Building Construction Firms in Nigeria

Project / Seminar Material
Reference ID: PS-3099-TM

DEDICATION

This research work titled "The Challenges of Indigenous Building Construction Firms in Nigeria" is dedicated to God for his enabling grace and to all computer enthusiasts who help to make life a pleasant experience.

ACKNOWLEDGEMENT

I owe my indebtedness to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Building Technology (BT), Book Authors and Profound Scholars of existing/related research material for your moral support that facilitated the successful completion of my (Tertiary Institution level). I am grateful to God Almighty and my parent for their financial support in my career. I really appreciate you all for everything, Thank you very much.


The Challenges of Indigenous Building Construction Firms in Nigeria

CHAPTER ONE

1.0 Introduction

1.1 Background Of The Study

According to business dictionary, an online dictionary, “the construction industry is that sector of the national economic engaged in preparation of land and construction, alternation and repair of building, structures and other real properties.

The industry is engaged in many types of building and civil engineering jobs. These include jobs in carpentry, road construction, bridge development and home design. The industry occupies a very important position in the whole world because it is responsible for creating infrastructures for cities, towns, and countries. Oyefeko (1991) as cited in Building construction industry …(2014). National housing Policy (NHP 2006) as in Building construction industry (2014) also confirmed this assertion when it revealed that the industry has an output of 11% Gross domestic product (GDP) and employs 3% of employment nationwide.

Construction industry achieves its aims by combining land other factors of production including variety of raw materials and semi-processed components. This process of resource combination involves all usual elements and functions associated with production of commodity. Most times, because of some challenges facing this sector of business management, capital funds are required based on long-term source of finance to purchase materials coordinate and organize the factors of production.

Detailed design of the product must be carried out and all these need to the financed. These therefore constitute challenges, Many indigenous building construction firms especially those ones who have inadequate financial base grapple with. Further aggravation to the problems of the indigenous firms is seen in the government award of contracts to foreign and big time contractors only and leaving no room for the participating of the indigenous contractors to national development.

In support of this assertion, Enwegbara (2012) sees the Nigeria’s construction industry as remaining at a cross road because government policies all these years have favoured awarding construction contracts to foreign contractors instead of their national counterparts. The reason explained above makes it obviously difficult for the indigenous firms to be reasonably established in the industry. The situation thus spells doom for the national economy because if the indigenous building contractors are forced out of business dues to the challenges, their death from the industry becomes imminent.


1.2 Statement Of The Problem

The rate of influx of foreign construction firms in Nigeria and Government’s continued patronage of them, when critically analyzed does not communicate any good news to national economy. It has been argued by the public that the so called foreign constructors have little or no qualification for the jobs they are awarded. The uncertainty of their technical base does not guarantee safety of the facilities produced by them. On the contrary, some of our indigenous contractors are well known persons in the area services they render. However, the tendency of not patronizing indigenous construction firms subsequently keeps them perpetually in the lower rung of financial development. When critically studied they only but paint to the death of these indigenous contractors in the future.

On the other hard, if the foreign contractors eventually go back to their countries the situations leaves the indigenous ones not prepared to bear the burder of national development. The time is therefore ripe to proffer lasting solution to the challenges facing indigenous contractors who are the future developers of the national economy.


1.3 Aim and Objectives of the Study

The aim of this research is to critically analyze the various factors that affect the progress of the indigenous building construction firms so that solutions to aid their growth may be adopted.

The specific objective of this research work is as follows:

  • To study the effects of government policies and procedures on indigenous.
  • To x-ray the effects of poor financial structure on the indigenous building construction firm.
  • To suggest was of solving the problem facing the indigenous construction firm.

1.4 Research Question

The study came up with research questions so as to be able to ascertain the above stated objectives. The specific research questions for the study are stated below as follows:

  • What are the effects of government policies and procedures on indigenous building construction firms?
  • Will building up a strong financial base aid the growth of indigenous building constriction firms?
  • What are the factors and challenges militating against the growth of the indigenous building construction firms in Nigeria?

1.5 Scope And Delimitation Of The Study

The study is delimited to the indigenous construction firms in Enugu urban only. The study will focus on the structure of the indigenous construction firms, the effect of government policies and other socio-economy factors that affect the indigenous firms like scarcity and high cost of materials, scarcity of quality labour, state of plants and equipments, the problems of personnel development in the industry, poor management of resources and method of contractual procedures.


1.6 Significance Of The Study

The following are the importance or the usefulness of this study:

  1. Researches’ data the study students studying any of the converses in constructor a clear cut dea of what challenges existing practetiance are already facing and be prequiped to face them when it and when they accede to establish their aim firms.
  2. This research work will also be helpful to individuals who will want to develop and own their own construction firms in the country to know the challenges facing the already existing ones in the country and to know how to tackle these challenges.
  3. The result of the findings will help building clients the government, builders, professional bodies and building team of specialist to jointly improve working conditions to building professional members in organizing seminars, workshop and conferences.
  4. The upcoming researchers will also find this research work very useful because it will serve as a reference material while carrying out a research on similar or a related research topic.

1.7 Limitation Of The Study

During the course of this study, there were some problems encountered which stood as limitations to the research work. Some of the limitations include:

  1. Time Constraint:

    The time frame given to accomplish this project was very short due to school academic calendar and it was carried out under pressure which made the researcher not to implement some necessary features.

  2. Financial Constraint:

    Insufficient fund tends to impede the efficiency of the researcher in sourcing for the relevant materials, literature or information and in the process of data collection (internet, questionnaire and interview).

  3. Initial Cooperation Delay from Respondents:

    A particular limitation of this work came as a result of the respondent refusal to offer their cooperation at the initial time they were contacted. This contributed in making the success of this research study difficult.


1.8 Definition Of Terms

Construction Industry:

This is the sector of national economy engaged in preparation of land, repair of building structures and other real properties.

Building Construction:

Is a process of adding structure to a real property or construction of buildings.

Gross Domestic Product (GDP):

Is the market value of all officially recognized final goods and services produced within a country in a year, or period of time. GDP per capital is often considered an indictor of a country’s standard of living.

National Economic:

This is a national financial resources and its financial management with a view towards its productivity.

Government:

The group of people who are responsible for controlling a country or a state, managing the affair economically one made by a government political part, business etc.

CHAPTER TWO

2.0 Literature Review

2.1 Introduction

This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

Summary Headlines for The Challenges of Indigenous Building Construction Firms in Nigeria