The Group Managing Director of Alpha Mead Group, Mr. Femi Akintunde, made the call in his lecture at the third edition of the International Facility Management Association Nigeria Chapter Advocacy Day Conference themed: “The Economy of Facility Management: Harnessing the Value and Impact in Nigeria”, in Lagos.
He said: “Property appreciation depends on the quality of maintenance and there would be a significant economic leap if there is an enabling environment that will make businesses thrive, leading to increased profitability and productivity.” He said this would also reduce challenges associated with climate change and warned that corporate space management keeps shrinking as offices are being incorporated into residential spaces.
“With the Presidential assent to Executive Order 11, the facility management economy will grow significantly if effectively implemented as it will generate more business opportunities for industry players and jobs for relevant stakeholders,” he added.
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