THE IMPACT OF CONSTRUCTION INDUSTRY IN THE ECONOMIC DEVELOPMENT OF NIGERIA (A CASE STUDY OF IMO STATE)
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study was carried out to evaluate the impact of construction industry in the economic development of Nigeria (A case study of Imo State). Specifically, the study aims to find out how the construction industry contrinbute to the economic development of Nigeria, examine the impact of construction industry in the economic development of Nigeria and assess the role of Nigerian government in the growth of construction industry. The study employed the survey descriptive research design. A total of 141 responses were validated from the survey. From the responses obtained and analyzed, the findings revealed that the construction industry have not contributed to the economic development of Nigeria. The study thereby recommend that as a developing economy, Nigeria needs massive investment in physical infrastructure for sustainable development. One fundamental way of overcoming the low and declining input of construction to the GDP is the level of development of the national financial system most especially the capital market to access fund for infrastructure development. Politically, the government is responsible for at least 60percent of the construction sector output and thus the single largest driver of the construction sector output and contribution to the construction sector. It is important for the construction sector, that government (federal & states) sustains a consistent and growing budgeting for housing and transport construction. Additionally, government fiscal and monetary policy and other policy on the economy may have significant effect on the construction output.
Related Project Materials
EXPLORING THE ROLE OF EARLY CHILDHOOD EDUCATION IN PROMOTING CIVIC ENGAGEMENT
ABSTRACT: This study explored the role of early childhood education in pr...
THE EFFECT OF GOOD PUBLIC RELATION AND ORGANIZED PROMOTIONS ON THE ACHIEVEMENT OF MARKETING OBJECTIVE, CASE STUDY OF NIGERIA BREWERIE PLC
ABSTRACT
Definition of public Relation is a deliberate, planned...
PROBLEMS AND PROSPECTS OF ESTABLISHING SMALL SCALE ENTERPRISES IN NIGERIA
ABSTRACT
It also paid attention to the foundling of the small-scale business in Nigeria. Whereas failure of the large-scale import depart...
ISSUES AND SOLUTIONS REGARDING RELIGIOUS CONFLICTS IN NIGERIA
ABSTRACT
Nigeria is a multi – ethnic country which means that, there are diversified interests of individual due to differences in...
EVALUATING THE CONTRIBUTION OF BAD ROADS ON THE OCCURRENCE OF AUTOMOBILE ACCIDENTS IN NIGERIA
ABSTRACT
The research work is undertaken on the contribution of bad roads on the occurrence of automobile accidents in N...
EFFECTS OF PRIVATIZATION AND COMMERCIALIZATION OF GOVERNMENT OWNED ENTERPRISE
Abstract
The rates of socioeconomic growth in many developing countries (DCs) are too...
HUMAN RESOURCES AND STUDENTS’ ACADEMIC PERFORMANCE IN PUBLIC SENIOR SECONDARY SCHOOLS IN EDUCATION
ABSTRACT
This study investigated human resources and students’ academic performance in public senior seconda...
IMPACTS OF VALUE ADDED TAX REFORMS ON ECONOMIC GROWTH IN NIGERIA
Background of the study
Regular rulers and local regulation enforcement merchants acquired money from t...
EVALUATION OF HAEMATOLOGICAL PROFILES OF WOMEN AND CHILDREN INFECTED WITH MALARIAL PARASITES IN BOSSO AND PAIKORO LOCAL GOVERNMENT AREAS OF NIGER STATE
ABSTRACT
Malaria continues to be a major public health challenge especially in the African region despite the availability of anti malari...
THE EFFECT OF E-NAIRA ON SME'S IN NIGERIA
Background of the study
Many impoverished individuals in emerging nations face declining living conditi...
