Corrupt Inflation of Contract Costs Major Driver of Poverty, Says Dikko — Nigeria Today
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Corrupt Inflation of Contract Costs Major Driver of Poverty, Says Dikko

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Dele Ogbodo in Abuja

The President, Quantity Surveyors Registration Board of Nigeria (QSRBN), Mallam Husaini Dikko, has attributed the high costs of construction which arise from contract padding or corrupt inflation of costs as the major cause of poverty and underdevelopment in Nigeria.

According to him, that a project is costly in itself is not a crime, as the project cannot come cheap if the inputs in the form of materials, labour and technology are of the highest standard of complexity.

He said: “The idea is that given all the indices and factors that influence prices and costs, construction projects should not cost more than they should cost. It becomes worrisome when substandard works are procured at outrageous costs.”

Dikko, who made the disclosure at the Board’s 2016 National Project Cost Reduction Summit held week end in Abuja, said is the concerned expressed by Nigerians about the unusually high cost of construction in the country compared to other countries that necessitated the summit.

He admitted that the summit is designed to find a solution to the irritant challenge posed by corrupt practices and other ignoble tendencies by participants in the construction project delivery in the country.

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