08-11-2009, 11:36 PM
(08-07-2009, 03:33 AM)king12 Wrote: i am afraid if this is going to be like this. i hope situation changes soon. many people are loosing their jobs of worst just in the name of recession
Hi guys,
Well in Nigeria,the recession has hit hard at the construction industry.A lot of high profile jobs(@ d conceptual stages) funded by the Private sector died prematurely because of the global crises.Prices are crashing in the real estate sector and people are still not buying properties .So we are left are a few high profile jobs mostly financed by the federal government.
A lot of people have manged to hold on to their jobs without pay-cuts in the construction industry here unlike others like banking,telecoms etc.But of course our profit shares would be terrible this year.:(