The Director General of the Federation of Construction Industry (FOCI), Mrs. Olubunmi Adekoje, has said that the construction industry in Nigeria has been a strong economic partner to government in the development of the country.
Mrs. Adejoke stated this recently when the association paid a visit to the Minister of Power, Works and Housing, Babatunde Fashola, in Abuja.
“We recall that as at 2015 many FOCI members were distressed as a result of huge debts of over N600bn owed by the government. We appreciate the effort of the current government in payment of a substantial amount of this debt. We also acknowledge the creative provision of funds for capital projects, in particular, the Sukuk Bond to finance infrastructure.
She further said FOCI which was incorporated in 1954, and currently with 100 members, had a very high capacity for employing a large number of professionals: technicians and tradesmen, and that it was the largest employer of labour after government
Source: Daily Trust
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