Taxonomy of Risks Militating Against Nigerian Construction Industry: Setting Research Agenda for Sustainable Construction Infrastructure Development Projects in Nigeria

<p dir="ltr"><i>Sustainable construction infrastructure projects are among the 2043 visions of the federal government of Nigerian. This vision, aims to elevate the country's infrastructure stock to 70% of GDP, is at substantial risk of success due to heavy financial losses and time-consuming dispute resolution processes. </i><i>Project management experts believe that such financial losses and </i><i>time-consuming dispute resolution processes </i><i>are capable of risking the success of the infrastructure projects. However, there is gap a in current research studies regarding risk management in Nigerian Construction Industry (NCI) in that majority of the studies are fragmented, with findings or conclusions on risk factors that are not attributed to any specific characteristic of the NCI. This makes any measures to address the risk factors a difficult undertaking. This paper addresses this gap through a systematic literature review of the extant studies on the NCI. The outcome is a taxonomy of the risk factors under financial risks, operational risks, projects risks, regulatory risks, and strategic risks. </i><i>The taxonomy sets a research agenda on sustainable construction infrastructure project in the NCI as it can assist in developing a model, framework, or policy tailored to the financial, operational, project, regulatory, or strategic aspect of the industry.</i></p>