EFFECT OF COVID-19 ON CONSTRUCTION SECTOR

0
580

ABSTRACT

This study was carried out to examine the effect of covid 19 on the construction sector in Lagos state. Specifically, the study examined  effect of covid-19 lockdown on construction sector in Nigeria,  find out if the covid-19 lock down  led to obstruction of work of construction sectors. The study also examine if construction sectors had access to raw materials for construction. The study also examine if there was reduction in revenue generation of construction sectors due to the covid-19 lock down. The study employed the survey descriptive research design. A total of 50 responses were validated from the survey. From the responses obtained and analysed, the findings revealed that the covid-19 lock lead to obstruction of work of construction sectors, construction sectors had access to raw materials for construction during the covid-19 lockdown, there a reduction in revenue generation of construction sectors due to the covid-19 lock down.The study therefore recommended that construction sector should keep to the rules of covid 19 precaution tips, Government can assist construction sector by making sure raw materials are made available and financial assistance is given to them, Due to the effect of covid 19 government should make available soft loan to the construction sector    

CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND OF THE STUDY

The COVID-19 pandemic has devastated the world of works. Its impact, which varies across sectors, has been significant in the construction sector.The construction sector has an important role to play within the overall economy of any given country. How that role manifests itself will vary greatly from one nation to another, in developing countries it is likely that the extraction of raw materials and the on-site construction activity is of most importance, as the country seeks to set up a significant infrastructure, in the form of roads, railways and buildings.Construction sector activities include the construction, renovation, maintenance and demolition of buildings (residential and non-residential), as well as work conducted in civil engineering projects such as roads and utility systems(ILO 2015).A variety of market segments are involved, including architecture and design, equipment and material manufacture, transportation, and energy and waste management. Value is added by transforming source materials into capital assets essential both for economic activity and the delivery of infrastructure services. The construction sector has its significant impact on income generation and poverty reduction. Its significant job creation potential also comes from its labour-intensive nature and strong links with other economic sectors.In the first three months after COVID-19 emerged Wuhan City, Hubei Province, China, a devastating number of new cases were reported across China and several countries around the world. And it was finally declared as a global pandemic by the World Health Organization (WHO) on March 2020 (WHO 2020). Evidence indicates that COVID-19 transmitted through respiratory droplets via contact routes such as the mouth, nose, and conjunctiva or eyes (UNICEF 2020).However it was necessary for countries to effect total Lock downs of virtually every type of gathering place, stay-at-home measures instituted to combat the spread of the virus and at extreme pushing construction workers to leave their work site and abandoning important projects.