Construction Activity in Nigeria to Surpass Pre-COVID Levels by 2023

August 24, 2022
construction activity in Nigeria

By Aduragbemi Omiyale

There are strong indications that construction activity in Nigeria will surpass pre-COVID levels by 2023, with the federal government expected to contribute significantly to this.

According to the latest forecasts, the industry is expected to grow by 5.7 per cent in 2022 and the Nigerian government is improving investment in infrastructure and housing development projects by allocating $123.1 billion between 2021 and 2025.

With Nigeria as the number one construction and infrastructure market in West Africa, The Big 5 Construct Nigeria is looking to assemble leading industry buyers and sellers from Africa and beyond in Lagos to promote innovation, share cutting-edge knowledge, and accelerate business, in a safe and convenient environment.

A statement from the organisers said the event will take place between September 27 and 29, 2022, at the Landmark Centre from 10 am to 5 pm daily, with a focus on three core themes of technology, project management and architecture.

The programme will include discussions on the trends and opportunities driving the ongoing digital transformation across Nigeria, as well as green architecture and project cost control budgeting.

In addition, several masterclasses will be offered by the Chartered Institute of Building, such as sustainable project management implementation, the redesign of streets in African cities and tips to building sustainability credibility.

From building materials and tools, interiors and finishes, to solar and urban design landscaping, the products and services on show will cover the full construction cycle from inception to completion, from leading companies such as Forero Nigeria Limited, Sana Group and Kohler.

In addition, for the first time, the expo will also showcase four new international pavilions from Saudi Arabia, Qatar, Egypt and Kuwait.

“Launched in 2019, The Big 5 Construct Nigeria is now earmarked as the yearly gathering of construction professionals to engage both with the local and international community, as a place to source, learn and develop new skills.

“By bringing together experts and suppliers from around the world to engage with the local construction community, the event plays a direct role to support the needs of the country’s infrastructure and housing development projects,” the Senior Vice President at dmg events, Mr Ben Greenish, said.

“The Big 5 Construct Nigeria continues to propel change and is a must-attend event for buyers and brands across Sub Saharan Africa who are looking to be inspired by other trendsetters and innovators within the industry,” he added.

Aduragbemi Omiyale

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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