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The Importance of PVC in Your Building by Dennis Isong

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The Importance of PVC in Your Building by Dennis Isong

 

 

Polyvinyl Chloride (PVC) is a synthetic plastic polymer made from the polymerization of vinyl chloride. It is one of the most widely produced plastics in the world, known for its versatility, durability, and cost-effectiveness. PVC is composed of two basic building blocks: chlorine derived from industrial-grade salt and ethylene, which is obtained from petroleum or natural gas. The result is a highly durable and malleable material that can be manufactured in both rigid and flexible forms.

 

 

In its rigid form, PVC is commonly used in the construction industry for pipes, window frames, doors, and other structural applications. In its flexible form, it is used for a variety of purposes such as electrical cable insulation, flooring, and roofing membranes. Its resistance to environmental degradation, chemicals, and moisture makes PVC an ideal choice for many building applications.

 

 

How PVC Gained Popularity in Nigerian Buildings

 

PVC’s rise to prominence in Nigeria’s building industry can be traced back to the late 20th century, when there was a growing demand for affordable and durable construction materials. Prior to the widespread use of PVC, Nigerian construction largely relied on traditional materials such as wood, metal, and concrete, each of which had its own set of limitations.

Wood, while aesthetically pleasing, was susceptible to termites, rot, and warping, especially in Nigeria’s humid climate. Metal was prone to rust and corrosion, and concrete, though strong, was often expensive and difficult to mold into intricate shapes.

As the Nigerian economy began to grow, driven by oil revenues and urbanization, there was a push to modernize infrastructure and housing. PVC emerged as a solution to many of the challenges posed by traditional materials. Its versatility, affordability, and resistance to environmental factors made it an attractive option for builders and architects. The ability to mass-produce PVC products also meant that they could be made available to a broader market at lower costs.

PVC’s popularity further soared with the advent of PVC ceiling panels, doors, and windows, which became common features in Nigerian homes and commercial buildings. These products offered a modern look, were easy to maintain, and provided a practical alternative to more expensive materials. Over time, the use of PVC expanded to other areas such as plumbing, wiring, and interior finishes, cementing its place in Nigeria’s construction industry.
Importance of PVC

The importance of PVC in building construction cannot be overstated. Its role in modern architecture and construction has transformed the way buildings are designed and built. Below are some of the key reasons why PVC is so crucial in construction:

1. Cost-Effectiveness: One of the main reasons for PVC’s widespread use is its cost. Compared to traditional materials like wood, metal, and glass, PVC is relatively inexpensive. This affordability allows builders to keep construction costs down while still maintaining quality.

2. Durability: PVC is resistant to weathering, chemicals, and corrosion, which makes it ideal for use in harsh environmental conditions. Whether it’s the humid climate of Lagos or the dry heat of the northern regions, PVC products are built to last, reducing the need for frequent replacements.

3. Versatility: PVC can be molded into various shapes and sizes, making it suitable for a wide range of applications. From pipes and fittings to window frames and ceiling panels, the material can be used in almost every aspect of building construction.

4. Low Maintenance: PVC requires minimal maintenance. It does not need painting, polishing, or sealing, unlike wood or metal. This reduces the long-term costs associated with building upkeep.

5. Energy Efficiency: PVC’s insulating properties make it an excellent choice for windows and doors, helping to maintain indoor temperatures and reduce energy consumption in buildings.

6. Safety: PVC is a safe material for use in construction. It is fire-resistant and does not ignite easily. In the event of a fire, PVC products tend to self-extinguish, reducing the spread of flames.

7. Environmental Impact: Although PVC is a plastic, advancements in recycling technology have made it possible to recycle PVC products, reducing their environmental footprint. Many PVC manufacturers are now producing eco-friendly options that are made from recycled materials.
Advantages of PVC
PVC offers numerous advantages that make it an attractive choice for builders, architects, and homeowners alike:

1. Lightweight: PVC is much lighter than traditional building materials like wood or metal. This makes it easier to transport, handle, and install, reducing labor costs and construction time.

2. Water Resistance: PVC’s inherent resistance to moisture makes it an excellent material for use in plumbing and roofing applications. It does not rot or degrade when exposed to water, ensuring long-lasting performance in wet conditions.

3. Chemical Resistance: PVC is highly resistant to chemicals, acids, and alkalis, making it suitable for use in industrial applications where exposure to harsh substances is common.

4. Aesthetic Appeal: PVC products are available in a variety of colors, textures, and finishes, allowing builders to achieve the desired aesthetic look for their projects. Whether it’s a glossy finish for modern interiors or a wood-grain texture for a classic look, PVC offers endless design possibilities.

5. Noise Insulation: PVC’s insulating properties extend beyond just thermal insulation. It also provides excellent noise insulation, making it ideal for use in windows, doors, and walls to create a quieter indoor environment.

6. Recyclability: PVC is one of the few plastics that can be recycled multiple times without losing its properties. This makes it a more sustainable choice compared to other plastics, which often degrade in quality with each recycling cycle.

7. Flexibility: Flexible PVC can be used in applications where traditional rigid materials would not be suitable. This includes electrical cable insulation, flooring, and flexible piping.
Disadvantages of PVC
While PVC offers many advantages, it also has some drawbacks that should be considered:

1. Environmental Concerns: The production of PVC involves the use of chlorine, which can release harmful chemicals if not managed properly. Additionally, the disposal of PVC products at the end of their life cycle can pose environmental challenges, as they do not biodegrade easily.

2. Toxicity: When PVC is burned, it can release toxic fumes, including dioxins, which are harmful to both human health and the environment. This makes the improper disposal of PVC products a significant concern.

3. Limited Temperature Resistance: While PVC is resistant to many environmental factors, it has a limited temperature range. Exposure to extremely high or low temperatures can cause PVC to warp, crack, or become brittle.

4. Not as Strong as Metal: Although PVC is durable, it is not as strong as materials like steel or aluminum. For applications that require high structural strength, PVC may not be the best choice.

5. Plastic Appearance: Despite advances in design, some people still perceive PVC as having a “plastic” look, which may not be desirable for certain high-end or luxury applications.

6. Potential for Degradation: Over time, PVC can degrade when exposed to UV radiation from the sun. This can cause discoloration, brittleness, and a loss of structural integrity, especially in outdoor applications.

Conclusion
PVC is a valuable material in the building industry, offering a balance of cost, performance, and versatility. As the construction landscape continues to evolve, the use of PVC is likely to remain prominent, especially with ongoing advancements in recycling and sustainable production methods. Builders, architects, and homeowners must weigh the benefits and disadvantages of PVC to make informed decisions that align with their specific needs and environmental considerations.

For personalized assistance with your property needs, contact Dennis Isong, a top Lagos realtor specializing in helping Nigerians in the diaspora own property stress-free.

Contact: +2348164741041

Bank

Fidelity Bank grows PBT by 167.8% to N105.8 billion in Q1 2025

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Fidelity Bank grows PBT by 167.8% to N105.8 billion in Q1 2025

Lagos, Nigeria – May 1, 2025 – Fidelity Bank Plc, one of Nigeria’s leading Tier-1 financial institutions, has announced a remarkable financial performance for the first quarter of 2025, recording a Profit Before Tax (PBT) of N105.8 billion, representing an impressive growth of 167.8% compared to N39.5 billion in Q1 2024.

The bank’s unaudited financial statements, released on the Nigerian Exchange (NGX) on April 30, 2025, highlight a substantial increase in Gross Earnings, which rose to N315.4 billion, marking a year-on-year growth of 64.2% from N192.1 billion in the same period last year. Growth in interest income was primarily led by 38.6% yoy (7.4% ytd) expansion in earning assets base, while the increase in non -interest revenue came from FX-related income, trade and commission on banking services, etc., supported by increased customer transactions.

Commenting on the bank’s performance, Dr. Nneka Onyeali-Ikpe,OON, Managing Director/Chief Executive Officer of Fidelity Bank Plc, stated, “We started the year with triple-digit growth in profit and sustained the momentum in our earning assets growth. This performance shows the resilience of our business model and reinforces our confidence in delivering a better result in the 2025 financial year.”

Other areas of the unaudited financial statements, equally show a marked improvement with Total Deposits growing by 11.1% ytd to N6.6tn from N5.9tn in December 2024, driven by 10.6% ytd growth in low-cost deposits to N6.1tn, which represents 92.2% of total customer deposits. Local currency deposits increased by 2.0% ytd while foreign currency deposits increased by 21.4% from $1.9bn in December 2024 to $2.3bn.

Net Loans and Advances increased by 5.0% ytd to N4.6tn. The growth in the bank’s Loan Book was skewed to LCY Loans as cost of risk declined to 0.6% from 1.5% in 2024FY.

“Beginning the year with such positive momentum reinforces our commitment to supporting the growth of individuals and businesses, while enhancing our financial sustainability. As we go into the rest of the year, we remain focused on building a resilient banking franchise with a diversified earnings base,” Onyeali-Ikpe added.

Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.

The Bank is the recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

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GTCO vs. Very Dark Man: Why Nigerians Must Stop the Judgment of Emotions

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*GTCO vs. Very Dark Man: Why Nigerians Must Stop the Judgment of Emotions*

By Osho Oluwatosin

The internet has literally been on ‘fire’ since Friday following the arrest of self-acclaimed Nigerian activist, Martins Vincent, also known as Very Dark Man. He was reportedly picked up by the Economic and Financial Crimes Commission (EFCC) for reasons yet unknown.

While it’s not the first time VeryDarkMan or any prominent Nigerian would be arrested by the EFCC — a government agency not under the authority of any private organization — it seems some Nigerians are passionately trying to push a narrative that his arrest was orchestrated by one of Nigeria’s biggest financial institutions, Guaranty Trust Holding Company (GTCO).

Although this narrative isn’t far-fetched — VDM had criticized the bank due to ‘mysterious’ deductions from his mother’s bank account for unjustifiable reasons. He approached the bank’s branch in Abuja to make an official complaint and, afterwards, he was picked up by the EFCC. But what many Nigerians have failed to realize is GTCO may not even be involved in his arrest.

VeryDarkMan was seen in the bank, quite alright, but in a CCTV released by the bank, he was seen moving out of the bank when he finished. He even had a celebrity moment with some of his followers who took pictures with him before he was arrested. So I’m wondering, what has GTB got to do with his arrest? That someone got knocked down by a vehicle after leaving church, does it mean the church orchestrated the accident? That someone got attacked after leaving a lecture room, does it mean the lecturer orchestrated it? That someone even got attacked in a courtroom, does it mean the judge orchestrated it? Absolutely not.

Although it would have been better if the EFCC had come out to clear the air regarding the reason for VDM’s arrest, because in the absence of information, rumours are bound to thrive. In fact, the commission should have actually released a statement regarding these rumours, not to vindicate GTB, but to keep Nigerians informed.

Let’s even think about it logically: what can warrant GTCO to order VDM’s arrest by the EFCC? Did he defraud GTCO? Did he steal from a GTB customer? Did he launder money through a GTB account? These are questions that should be asked before passing judgments. But Nigerians are always emotional when it comes to issues like this, and that’s why people who are culpable in serious crimes get away with anything as long as they get involved in charity or activism.

GTCO has been a very friendly organization, and in 2024 alone, the bank paid a record dividend of N8 per share. The bank is happy, shareholders are happy, customers are happy — who is Very Dark Man?

Osho Oluwatosin is a Nigerian journalist and writes from Lagos.

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Can We Have More Bankers Like Victoria Mulero? An epitome of ‘omoluabi’

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Can We Have More Bankers Like Victoria Mulero? An epitome of ‘omoluabi’

In February of this year, I needed to open a new bank account for salary purposes, as required by the management of the new company I had just joined.

I considered First Bank, Access Bank, and Sterling Bank. After some thought, I chose Sterling Bank—not because I found them superior—but because I believed they had fewer customers, which I hoped would save me from long queues and unnecessary delays.

I visited the Sterling Bank branch at Akowonjo to open the account. Unfortunately, the staff member who attended to me didn’t inspire confidence. She appeared distracted—smiling at her phone, clearly engrossed in a private chat—far from the level of professionalism one would expect in a bank setting. I had a feeling this would lead to problems down the line.

 

When my first salary was paid into the account, my suspicion was confirmed. Sterling Bank restricted access to my funds—I couldn’t transfer money or make withdrawals at the counter. I visited their Fatai Atere branch at Ladipo, Mushin to complain, where I was informed that the account opened for me was a “Kaikai” account—a type I had never heard of. Apparently, this account type is meant for individuals who lack the required documents during account creation. But I had submitted all necessary documents, so why was such an account opened for me?

Can We Have More Bankers Like Victoria Mulero? An epitome of 'omoluabi'

At the Fatai Atere branch, I was attended to by a remarkable banker named Victoria Mulero. She requested my NIN, which I didn’t have on me at the time. Rather than send me back home, she asked if I had a digital copy. I did, and she graciously gave me her email address so I could forward it to her. With that, she resolved the issue promptly and professionally.

However, the following month, in March, the same restriction happened again. I returned to the Fatai Atere branch, and once again, Victoria Mulero handled my complaint with efficiency and kindness, resolving it without delay.

I hoped the matter was finally settled, but when my April salary arrived, the restriction was imposed yet again. This time, I was beyond frustrated and ready to replace Sterling Bank as my salary account. Still, I visited the Fatai Atere branch one last time. Once more, Victoria Mulero resolved the issue with grace and determination.

This write-up is a tribute to Victoria Mulero of Sterling Bank, Fatai Atere branch. She is a rare gem—respectful, diligent, and genuinely customer-focused. She went above and beyond, following up with the Akowonjo branch through calls and emails until the matter was fully resolved. She handled every situation with patience and empathy, treating the job as if the bank belonged to her family.

To be honest, I’ve had unpleasant experiences with many bankers, especially female staff. Too often, they carry personal frustrations into the banking hall and take it out on customers. But Victoria is different. She exemplifies what true customer service should be.

We may not all be the same, but treating people with respect and kindness is a skill that can be learned—and Victoria clearly has. Let’s celebrate her for being a model professional and a beacon of hope in an industry that too often lacks empathy.

Without any fear of contradiction, I say boldly that Victoria Mulero is a good ambassador of Sterling Bank and her parents too deserve encomium for raising a well trained daughter and impacting an attitude of ‘ omoluabi’ in her. We need more of Victoria Mulero in our banking industry.

Seun Jacob Ogunbiyi
Known as Olùkọ́, the therapeutic writer and Lagos based journalist

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