Cost engineers urge reforms to reduce project waste
The Institute of Appraisers and Cost Engineers is calling for wider adoption of engineering valuation and cost engineering practices in Nigeria’s public and private sectors. The group believes these disciplines are vital for reducing waste and improving the value of infrastructure investments. At its recent National Technical Conference in Abuja, Bello Kwalli was inaugurated as the new National Chairman, succeeding Ike Iwenofu. The institute also inducted new members and reaffirmed its commitment to professional development and collaboration.
TLDR
- The Institute of Appraisers and Cost Engineers advocates for mainstreaming cost engineering and valuation practices nationwide.
- Bello Kwalli was inaugurated as National Chairman, taking over from Ike Iwenofu.
- The institute’s conference included the induction of new Fellows and Accredited Engineers.
- Outgoing chairman Ike Iwenofu emphasized the importance of global best practices to improve project delivery and reduce waste.
- The institute aims to deepen partnerships with other professional bodies and government agencies to boost Nigeria’s economic development.
