Open Access Open Access  Restricted Access Subscription or Fee Access

THE PLACE OF BUILDING ECONOMICS IN THE NIGERIAN BUILT ENVIRONMENT

Salome Kolo, Philip Ayuba, Momoh Oluwatoyin, Ogunbode Ezekiel

Abstract


The construction industry and its activities is one that is vital to any economy and towards achieving goals for the development of the society by providing shelter, infrastructure and employment. When economics is combined with buildings, it deals with its life cycle, and the construction sector processes, with the aim of making building products economical. However, the field of building economics is not fully recognized by pure economists. In this study, attempts are made to explore the Nigerian built environment, making reference to their cost effectiveness in the use of resources. This study is qualitative, thereby obtaining data from content analysis and 68 questionnaires, yielding to a study that is descriptive. Findings reveal that design economists make certain that the development of environmentally friendly infrastructure is promoted, in a way that attention is given to design that reflects sustainability principles. The study shows that 95.6% of the respondents suggested this theme, which was the most prevalent from the research. The paper concludes that an economic understanding of building activity as a whole is a precondition for further improvement in economizing the use of building resources. The study recommends that as buildings go through continuous changes, and are adapted to different user needs, design and construction should be in a manner that is adaptive to a wide variety of conditions which may be encountered in the economic process.
Keywords: construction industry, building, design economics, economy, Nigeria


Full Text:

PDF

References


Anyanwu CI. Project Cost Control in the Nigerian Construction Industry. International Journal of Engineering Science Invention. 2013; 2(12): 65-71.

Pheng LS, Hou LS. The economy and the construction industry. Construction quality and the economy. 2013; 21-54. Doi: 10.1007/978-981-13-5847-0_2

Oke A, Ogungbile A, Oyewobi, L, Tengan, C. Economic development as a function of construction project performance. Journal of Construction Project Management and Innovation. 2016; 6(2): 1447-1459

Falemu AJ. Human Resource Management in Construction [unpublished lecture note], Federal University of Technology, Akure. 2013.

Isa RB, Jimoh RA, Achuenu E. An overview of the contribution of construction sector to sustainable development in Nigeria. Net Journal of Business Management. 2013; 1(1): 1-6.

Best R. International Comparisons of Cost and Productivity in Construction: A bad example. Australasian Journal of Construction Economics and Building. 2012; 12(3): 82-88.

Ofori G. (2015). Nature of the construction industry, its needs and its developments: A review of four decades of research. Journal of construction in developing countries, 2015; 20(2): 115-135

National Bureau of Statistics. Annual Abstract of Statistics [internet]. Nigeria: 2012. Available from https://www.nigerianstat.gov.ng. (Accessed 3 June 2021)

Oke A, Falemu A. Relationship between building collapse and poor quality of materials and workmanship in Nigeria. Proceedings of the Royal Institution of Chartered Surveyors Construction and Building Research Conference (COBRA); 2009 Sept 10-11; University of Cape Town, South Africa. 2009.

Aibinu A. A, Jagboro G. O. (2002). The Effects of Construction Delays on Project

Delivery in Nigeria Construction Industry. International Journal of Project Management, 2002; 20: 593-599.

Mulligan G. Building Economics: The Use of Economics in the Built Environment. Student Economic Review. 1993; 7: 67-72

Robinson H, Symonds B. Economic context, policy environment and the changing role of design economists. In: Robinson H, Symonds B, Gilbertson B, Ilozor B. Design economics for the built environment: impact of sustainability on project evaluation. John Wiley & Sons, Ltd; 2015. p 3-15.

Mbamali I, Okotie A. J. An assessment of the threats and opportunities of globalization on building practice in Nigeria. American International Journal of Contemporary Research. 2012; 2(4): 143–150.

Taylor SJ, Bogdan R, DeVault M. Introduction to Qualitative Research Methods: A guidebook and Resource. John Wiley & Sons; 2015.

Lune H, Berg BL. Qualitative Research Methods for the Social Sciences 9th ed. Harlow, Essex, UK: Pearson; 2017.


Refbacks

  • There are currently no refbacks.