NIQS kicks off cost databank, seeks involvement in govt projects

The Nigerian Institute of Quantity Surveyors (NIQS) has commenced the improvement of a broad outgo databank, which volition heighten transparency, accountability successful the operation sector, and let effectual monitoring.

NIQS President, Lawrence Nzekwe, who disclosed this astatine a nationalist store organised by the institute themed, “Innovative and Sustainable Construction Practices: Building a Resilient Cost-Based and Knowledge-Driven Industry with Integrity”, said that the outgo databank volition assistance successful ensuring that wealth spent connected operation projects is accounted for, and that worth for wealth is consistently achieved.

He observed that the assemblage is rooted successful the principles of fiscal probity and accountability, which play an indispensable relation successful the lifecycle of each operation projects.

Nzekwe emphasised that quantity surveyors are positioned to guarantee that projects are not lone delivered connected clip and wrong fund but besides that they conscionable the highest standards of ratio and sustainability.

He appealed to the authorities to impact quantity surveyors successful operation projects crossed the state for accountability, and to guarantee nationalist resources are judiciously managed, arsenic good arsenic improvement goals are met with integrity and professionalism.

Nzekwe emphasised the captious relation of quantity surveyors successful ensuring that projects are delivered connected time, wrong budget, and to the highest standards of ratio and sustainability.

He noted that involving quantity surveyors successful operation projects would guarantee that nationalist resources are judiciously managed and improvement goals are met with integrity and professionalism.

Nzekwe pointed retired that the taxable underscored the captious value of knowledge, integrity, and innovation successful fostering a sustainable operation manufacture and, by extension, a resilient nation.

“Over the years, our members person consistently demonstrated a commendable level of ingenuity and integrity. Through meticulous outgo absorption and adept advisory, they person saved the federation from the wastage of scarce resources, thereby contributing importantly to nationalist development.

“This store is designed to further empower our members, equip them with the latest cognition and skills to enactment and grow their capableness to present adjacent greater worth to the nation,” helium added.