CWP Consultants

16/06/2024

02/01/2024

As we embark on the journey of a new year, we want to express our heartfelt appreciation to our esteemed clients, team members, and partners. Your support has been instrumental in our success, and we are genuinely grateful.
May the year 2024 unfold as a period of sustained collaboration, growth, and shared achievements. Together, let's make it a year filled with exciting opportunities and accomplishments.
CWP Consultants wishes you a year ahead filled with fulfilment and prosperity!
Happy New Year

07/11/2023

17/10/2023

Amidst the complex web of life's myriad challenges, one encounters exceptional individuals whose narratives echo the indomitable spirit of problem-solving. Much like the resolute resolve of Colonel Everett during the harrowing 2013 Boston Marathon bombing or the courageous actions of Alerk Skartolos, Spencer Stone, and Anthony Sadler aboard that fateful French train in 2015, these remarkable figures inspire us with their tenacity. Drawing from history's annals, we are reminded of Gideon and his unwavering army, chronicled in the biblical book of Judges, whose enduring determination encapsulates the essence of true problem solvers.
In the realm of personal and professional life, this steadfast mindset emerges as an invaluable cornerstone for excellence. Its impact extends far beyond the realm of adversity, permeating every facet of our existence. As we embark on this exploration of the problem-solving mindset and its profound relevance for both individuals and organizations, let us delve deep into each of these extraordinary stories, learning invaluable lessons from their resolute actions.
https://ojeladerotimi.wordpress.com/2023/10/17/running-towards-the-fire-the-mindset-of-a-problem-solver/

06/10/2023

https://www.linkedin.com/pulse/using-public-funds-wisely-need-involvement-quantity-rotimi-bola-/?trackingId=g6yk5%2FfPQuizBq9BlXk%2ByA%3D%3D

In a recent press briefing, the Minister of Work illuminated the fiscal black hole that is the current cost and contract management of road projects in Nigeria. While there are many factors contributing to this grim state of affairs, the exclusion of quantity surveyors from playing a pivotal role in

21/10/2022

Stand out from the crowd. Improve your capacity to lead and manage project by attending our Project Management Training. Register by filling the form using the link below:
https://forms.gle/wnA9mhy1raqT4FT1A

01/08/2022

The Nigerian inflation rate hit its 65-month highest rate of 18.6% in June 2022. The impact of the uptrend in inflation is felt in almost all the sectors of the economy including the construction sector.
Prices of construction materials have been rising astronomically in recent times. Cement prices for instance increased from N3,500 in January to N4800/bag as of today. Fuel prices rose from 165/litre to N180/litre and steel prices rose from N345,000/tonne in January this year to N468,000/tonne as at end of June 2022, lubricants prices have increased by over 30% margin between January 2022 and June ending.
A wide range of factors has been suggested to be responsible for this ugly trend. Some of the factors include supply chain disruptions as a result of the Russian-Ukraine war and the volatility of the foreign exchange market in Nigeria.
Whatever the underlying cause, price fluctuations due to an uptrend in inflation represent a profound risk to construction projects. These fluctuations are not only causing unanticipated spikes in construction costs but also may lead to the abandonment of projects and a litany of disputes in the industry.
This article will explore some cost management and contractual strategies that can be deployed to mitigate the impacts of the upward inflationary trend on the successful delivery of construction projects.
Follow the link to read our thoughts on the strategies to mitigate the impact of the final cost of construction projects.

The Nigerian inflation rate hit its 65-month highest rate of 18.6% in June 2022.

23/07/2022

Do you wish to know us better ? This is a brief description of our firm.

21/07/2022

On Tuesday 19th July 2022, the Governor of the Central Bank, Godwin Emefiele announced that the Monetary Policy Committee of Apex Bank, Central Bank of Nigeria has unanimously voted to increase the Monetary Policy Rate (MPR) from 13% to 14%. This decision is taken to reduce the money supply in the economy in order to tame the rising inflation trend.
The immediate impact of this on the construction industry is that projects will become more expensive as the cost of funds will increase. The profit margin will shrink for construction companies and real estate developers as they might even have to shell out their own money to pay for increased interest rates on loans.
What strategies do you think the industry can adopt to mitigate the impacts of the increase in the MPR rate by the CBN? Let us hear your view.

14/07/2022

Our Managing Partner Ojelade Rotimi on Tuesday 12th July 2022 delivered a presentation on Human Centred Design at the Emerging Managers Programme organised by Heart and Art Foundation (HAAF).