Registrar General, Chartered Institute of Project Management, CIPMN, Ifeanyi Mbadiwe said research has shown that abandoned projects in Nigeria now stand at N17 trillion.
He lamented that Nigerians are uncomfortable with the situation.
He tasked unlicensed project managers to ensure they are licensed if not they will face the full wrath of the law.Mbadiwe spoke during a press briefing in Abuja. He explained that the law establishing CIPMN has made it clear that anyone within the public and private sectors who heads, leads, or teaches any aspect of project management in Nigeria must be licensed to practise the profession.
Mbadiwe noted that, “One of the challenges faced in Nigeria is not the absence of laws, but the blatant disregard for these laws, often with the perpetrator’s unwarranted confidence in impunity because in Nigeria, no one is surprised again when you mention abandoned projects.
“When abandoned projects are mentioned you see lack of interest, lack of proper project planning from the onset, including proper budgetary allocation for the project
Corruption and compromises including Weak institutions. We cannot continue building, spending, and budgeting without proper planning and expect Nigeria to grow”.
CIPMN by law is to licence all project managers in the country as required by law, ‘we will definitely hold ourselves to the highest possible standards in Nigeria and ensure that the regulation of this sector is done dispassionately without prejudice’. We cannot continue to press the reset button each time an administration changes.
