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ESTATE MANAGEMENT

CAUSES AND REMEDIAL MEASURE OF REACTIVATION OF ABANDONED BUILDING IN NIGERIA

CAUSES AND REMEDIAL MEASURE OF REACTIVATION OF ABANDONED BUILDING IN NIGERIA

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CAUSES AND REMEDIAL MEASURE OF REACTIVATION OF ABANDONED BUILDING IN NIGERIA

INTRODUCTION TO CHAPTER ONE

1.1 Background Of The Study

The rising tendency in Nigeria’s residential construction business displays several unfinished projects costing billions of naira in irresponsible abandonment. Abandoned projects are those that have been started but have been abandoned for one reason or another.

Client mortality, fraud, a lack of cash flow prediction, and other factors can contribute to project abandonment. Such undertakings have social, economic, and physical ramifications.

Among the recommendations are periodical assessments of work in progress, the blacklisting of offenders, and the elimination of favouritism in the contract awarding process, among others.

The following consequences of building project abandonment were highlighted: tying down of funds and land spaces, extra cost involved in completing such projects, continued scarcity of residential accommodation, defacing the landscape and harbouring people of deviant behaviour, reduction in Gross Domestic Product (G.D.P.) and the associated stigma.

Suggestions were made on how to reduce the number of abandoned projects and how to revive and complete some of the abandoned initiatives. Among these suggestions are adequate project planning, proper cost planning/financial appraisal of the project,

proper site investigations, and the selection of credible contractors/managers to oversee project implementation. As a result, the research intends to investigate the causes and remedial measures of abandoned building reactivation in Nigeria.

1.2 Statement of the Problem

The rise in abandoned residential buildings in Nigeria has been one of the country’s problems in recent years.Kotangora, 1993; Osemenan, 1987; Ayodele and Alabi, 2011).

An abandoned residential building is one that has had its occupants abandon it owing to poor infrastructure and upkeep, dilapidation, a lack of security, or a natural calamity that has rendered the building uninhabitable.

Abandoning residential homes and development projects denotes the cessation of work on such properties with no intention of returning within the time frame specified in the contract. Many projects are abandoned in the middle (Spelman, 1993).

Given the capital-intensive nature of this project, it is necessary to complete a feasibility and viability assessment before proceeding. The causes and effects of these residential building abandonments are not limited to one explanation, but rather span multiple (Ayodele and Alabi, 2011), resulting in a whole declining influence on the values of developed properties placed nearby.

The majority of this abandoned residential building was frequently used as a hideout for criminals. The following consequences of building project abandonment were highlighted: tying down of funds and land spaces,

extra cost involved in completing such projects, continued scarcity of residential accommodation, defacing the landscape and harbouring people of deviant behaviour, reduction in Gross Domestic Product (G.D.P.) and the associated stigma.

Suggestions were made on how to reduce the number of abandoned projects and how to revive and complete some of the abandoned initiatives. Among these suggestions are adequate project planning, proper cost planning/financial appraisal of the project,

proper site investigations, and the selection of credible contractors/managers to oversee project implementation. The research problem is to investigate the causes and corrective measures for reactivating abandoned buildings in Nigeria.

1.3 Objectives of The Study

To ascertain the kind and extent of abandoned buildings in Nigeria.

To ascertain the causes and corrective measures for the reactivation of abandoned buildings in Nigeria.

1.4 Research Questions

What causes abandoned buildings in Nigeria?

What are the reactivation measures for abandoned buildings in Nigeria?

1.5 Significance of the Research

The study will provide an assessment of the causes and corrective measures for reactivating abandoned buildings in Nigeria.

The rise in abandoned residential buildings in Nigeria has been one of the country’s problems in recent years.Kotangora, 1993; Osemenan, 1987; Ayodele and Alabi, 2011).

An abandoned residential building is one that has had its occupants abandon it owing to poor infrastructure and upkeep, dilapidation, a lack of security, or a natural calamity that has rendered the building uninhabitable.

Abandoning residential homes and development projects denotes the cessation of work on such properties with no intention of returning within the time frame specified in the contract.

Many projects are abandoned in the middle (Spelman, 1993). Given the capital-intensive nature of this project, it is necessary to complete a feasibility and viability assessment before proceeding.

1.6 Research Hypothesis

Ho The reasons for abandoned buildings in Nigeria are few.

Hi The causes of abandoned buildings in Nigeria are several.

Ho In Nigeria, the remedial measure of reactivating abandoned buildings is ineffective.

Hi In Nigeria, the remedial measure of reactivating abandoned buildings is effective.

1.7 Scope of The Study

The research focuses on the evaluation of courses and corrective measures for reactivating abandoned buildings in Nigeria.

1.8 Limitations of the Research

Some constraints, such as logistical and geographical factors, were encountered during the investigation.

1.9 Definition of Terms

DEFINITION OF ABANDONNED BUILDING

An abandoned residential building is one that has had its occupants abandon it owing to poor infrastructure and upkeep, dilapidation, a lack of security, or a natural calamity that has rendered the building uninhabitable.

Abandoning residential homes and development projects denotes the cessation of work on such properties with no intention of returning within the time frame specified in the contract. Many projects are abandoned in the middle (Spelman, 1993).

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