All over Nigeria there are many abandoned projects and properties worth millions of naira wasting away.
Maybe one thing you need to know, that is if you don’t already know, is that Nigerian government is a poor manager.
Starting but never finishing, finishing but never maintaining anything.
Littered all around Lagos state are various Federal Government’s abandoned buildings wasting away across major cities, especially Lagos.
This development has over time generated reactions from stakeholder in the real estate.
They have at sundry times advised government what should be done to turn the properties into profitable use.
In the midst of economic hardship and the nation’s huge debt profile, Nigeria must look inwards and generate revenue not only from tax.
But also from other avenues where there are opportunities rather than borrowing.
For lack of maintenance and long abandonment, these buildings that ought to be generating revenues have become eye-sore.
Abandoned Properties In LagosÂ
Top on the list of abandoned and buildings in Lagos alone are;
- Old Federal Secretariat complex in Ikoyi
- Federal Government’s Guest Houses on Ahmadu Bello Way, Victoria Island, Lagos
- Federal Ministry of Justice, Annex building on Marina/Broad Street, Lagos
- Net Building
- The 18-storey NSITF building on Lagos-Badagry Road
- The Tafawa Balewa Square (TBS) and the various Federal Ministries office at TBS in Lagos.
Reasons Attributed To Abandonment
- Lack of continuity of governmental programs: As soon as a new political party takes over government they start new projects and forget about the ones their predecessors were working on.
- Corruption: Sharp corrupt practices among the leaders, that has become a part of us, is another problem.
- Poor managerial skill: It has also been observed that most politicians in offices, lack quality leadership skills.
- Poor maintenance culture.
