NIQS: Stop Waste, Cost Overruns on Nigeria’s Infrastructure Projects
.175 Quantity Surveyors Inducted .Institute Demands Realistic Estimates, Tighter Procurement, Accountability Bennett Oghifo Nigeria cannot afford further waste of scarce infrastructure funds as unrealistic estimates, cost overruns and abandoned projects
The Nigerian Institute of Quantity Surveyors (NIQS) has expressed concern over the misuse of infrastructure funds in Nigeria, warning of unrealistic estimates, cost overruns, and abandoned projects that continue to hinder development. In response, the institute has called for stringent cost control, accountability, and improved project management in public infrastructure initiatives.
NIQS President Dr. Aminu M. Bashir emphasized the quantity surveyors' role in safeguarding public resources and ensuring projects deliver value proportional to the allocated funds. The profession is described as the "conscience of cost" in the built environment, responsible for cost planning, procurement advice, risk management, and value-for-money assessment.
The new members were urged to avoid inflated figures, manipulation of variations, and overlooking irregularities in project execution, with professional integrity being tested under such circumstances. The focus of this year's 2026 National Workshop, themed "Bridging the Gaps in Infrastructure Development: Harmonising Cost Dynamics in Highways, MEP, and Project Management," was on contemporary challenges affecting infrastructure delivery, including project management, mechanical, electrical and plumbing services, and cost management of highway infrastructure.
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