22 Feb 2017

By: Ukeme Peters One of the major areas of contention between Facilities Management Companies and their customers is the demonstration of value. At one time or another in the course of their career, most Facilities Managers have had to prove value to their organisations or customers because in the first place; both parties did not align as to what value would be. At another level, FM cus...

22 Feb 2017

In different forms, every business – either Blue Chip Multinational or Small and Medium Scale Enterprise – has some form of Real Estate and Facilities Management (REFLM) objectives. For some, it might be saving cost through strategic management, while for others it might be expanding their asset for high employee/occupant productivity, etc. While some, particularly the Blue Chip Organisa...

22 Feb 2017

It is no news that one the major channels through which Foreign Exchange earnings leave Nigeria is medical tourism. In fact, a 2013 BusinessDay report revealed that 47% (18,000) of Nigerians, who visited India that year, did so for medical reasons and expended up to N41.6 billion. In addition, no one needs to be told that in spite of the fact that approximately 60% of the country’s healt...

22 Feb 2017

No one needs to be told the importance of electricity in our daily lives as individuals, communities and even as a nation. Just image a day without electricity; how would homes run? How would factories be powered? Imagine what will become of workplace productivity. This is one of the reasons, why in Facilities Management, Electricity is regarded and appraised as critical. What most peopl...

22 Feb 2017

The ravaging economic recession in Nigeria has, by default, tutored many organizations on how to be creative, innovative and also to realize the need to be cost-effective, to increase productivity and remain profitable. The implication of this is that, increasingly, organizations are concentrating on their core businesses while contracting out those aspects of the businesses they lack th...

22 Feb 2017

It is no news that one major channel through which Foreign Exchange earnings leave Nigeria is medical tourism. A 2013 BusinessDay report revealed that 47% (18,000) of Nigerians, who visited India that year, did so for medical reasons and expended up to N41.6 billion. It’s also a known fact that many of the facilities in which healthcare is provided in both public and private sectors are ...

20 Feb 2017

Giving the market conditions and economic situations that defined the Real Estate sector in 2016, no one needs to be told that it will take a different breed of talents, operational approaches and process strategies to stay afloat in 2017. Facilities Management is a very integral sub-sector of the Real Estate. In fact, it has been said that up to 80% of the Asset or Real Estate life-cycl...

13 Feb 2017

It’s a common knowledge that during financial crises, the value of most asset nosedives; owing to a number of unfavourable economic indices such as: spiking interest rate, slow Gross Domestic Product (GDP), dwindling investors’ confidence, and a number of other fluctuating economic components. The truth is that Nigeria’s current economic situation boasts of all the signs and more. This i...

13 Feb 2017

With Real Estate supply outgrowing demand, increasing cost of building materials, and the attendant low building occupancy rate as a result of current economic recession; it is becoming increasingly important for landlords to devise better tenant retention plan. This is very important, giving that good location, quality of construction and better facility condition are no longer enough t...

13 Feb 2017

With increasing spate of insecurity and organized crime in today’s environment, ensuring that buildings – home, offices, etc – are well secured is a task that requires constant monitoring of all necessary components that make up the security system. The level of competence and decision-making required to carry out these tasks successfully has redefined the role of the Facilities Managers...