The Executive chairman of Innovative Risk and Investment Solutions (IRIS) limited, Prof Charles Inyagete has disclosed that Nigeria would be home to 295 million people by 2050, an equivalent to half of Europe urban population.
He stated this in Abuja Tuesday at the 2019 Facilities Management (FM) forum, organised by the Total Facilities Management Limited (TFML), an event that coincided with the 20th anniversary of TFML.
While revealing that over 50 percent of Nigerians already live in cities, he emphasised that 34 percent live below poverty line while 68 percent live below empowerment line.
Inyangete maintained that by 2050, that 6.5 billion population would be living in urban areas, which is two-third of humanity.
The Chairman advocated the need for developers to focus on building smart cities, which he believed would create massive opportunities for facility management in the country.
He noted that smart cities would reduce Greenhouse gas emissions in line with Sustainable Development Goals (SDGs)16, that centred on urgent need to combat climate change and its impacts.
Inyagete who is also the immediate past managing director of Nigerian Mortgage Refinance Company (NMRC) lamented that Nigeria has failed in the provision of mass transportation.
According to him, “Facilities management response to the sustainable cities agenda has tended to focus in the maintenance of resources and ecological support system”.
He identified access to power as number one challenge hindering business growth in the country, saying that there is a need to develop tools for monitoring of building performance.
Speaking to Enquirer reporter, he made points why building construction sectors should start confronting climate challenges by putting that in consideration when designing property and, facility management should also gets involved during designs not after the work are done.
He tasked developers to put in plan spaces for trees not felling it in house developments.
Also speaking, the managing director of Total Facilities Management Limited (TFML), Mrs Nwando Chukwurah noted that the organisation has for the past 20 years focused on premium value to its clientele by building strong strategic capabilities and adopting global best practice.
Pamela James reporting.