The paper examines the development of these industries, especially in rural areas, in the bid to revivify the housing industry in Nigeria. The basic objectives underlying the development of these industries are the increase in the supply of conventional and alternative local building materials, the development of indigenous entrepreneurial talents and skills, and the creation of employment opportunities. The avenue to redress the situation, this paper asserts, is the development of small scale building materials industries employing modified and simplified technology, and sourcing their raw materials locally. This, among other related factors, has resulted in gross inadequacy of building materials and very high costs of available ones. The downturn in the economy of the nation with the consequential high costs of imported raw materials and spare parts of machinery has brought down their production far below their installed capacities.
They relied considerably on the importation of raw materials, machinery, and technology. These establishments thrived in the 1970s and 1980s when government industrialization policy was hinged on import substitution. The production of building materials in Nigeria has over the years been dominated by large scale industrial concerns. Fifteen floors, twenty floors and more are the common sights in Chennai and its outskirts. The scarcity of land and also the whooping cost of same is yet another reason for construction of multi storey building where so many families live in one apartment.
Another thing to be borne in mind is that Government is also very keen in ensuring " House for All " to people and in this regard various projects and schemes are being introduced by the Government. Customers are no longer " price sensitive " and are inclined towards " posh living ". Even in Residential Apartments, the surge now is towards " luxurious apartments " which offer striking luxuries to inmates for whom price is of least consideration. The apartments are broadly classified into Residential Apartments and Commercial Apartments. From the traditional construction of individual houses, the concept of apartments had gained popularity decades ago in places like Delhi, Mumbai, Kolkatta and Chennai.
The Construction Industry in India is fast growing now.
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