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Tag Archives: Estate surveyors

Estate surveyors Want Pension Funds Deployed To Housing


Estate surveyors and valuers in the country have advised the Nigerian government to deploy part of the nation’s huge pension funds worth over eight trillion naira to the real estate sector as this will reduce the funding gap in the sector and assist even pensioners own their homes. The chairman estate surveyors and valuers registration board of Nigeria Nweke Umezuruike ...

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Stakeholders at public hearing demands total reversal of LUCL


Stakeholders said Lagos state government has no justification for the increment of land use charge (LUCL) as the economy is biting hard on the masses Fitzgerald Umah, the chairman, Nigerian Institute of Architects urged the government to repeal the Land use charge law (LUCL) to help Lagosians in view of the hardship they were facing Umah said increasing the tax ...

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NIESV intends to end quackery in real estate profession


The Nigerian Institution of Estate Surveyors and Valuers, Lagos State Branch, has intensified moves to end quackery in the real estate profession. One of the recent moves was the launch of a website where all accredited estate surveyors and valuers would have their profiles and products displayed. During the unveiling of the website at a business luncheon in Lagos, the ...

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Estate surveyors emphasizes on improving infrastructure

Estate surveyors

To improve the nation’s economy, estate surveyors have stressed the need to ensure that viable stock of infrastructure is constantly functional and sustainable. According to them, this could only be sustained through appreciation and enthronement of facility management profession in the national lives. They called for the establishing of a positive correlation between the infrastructure and economic development. According to ...

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Newly passed Land Use Charge bill causes controversy

Land Use Charge bill

Fresh widespread opposition may await the Lagos State Government’s newly passed Land Use Charge bill; if indications emerging from the sector’s major players are anything to go by. The proposed law, which repealed the Land Use Charge Law 2001 and enacted Land Use Charge 2017 and For Connected Purposes, aimed at increasing the revenue generation base of the state by ...

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Estate surveyors boss dies delivering speech at ICPC

Estate Surveyors

Mr. Olayinka Sonaike, the Chairman, Estate Surveyors and Valuers Registration Board of Nigeria, on Tuesday, slumped and died as he readied himself to deliver a lecture at a public event in Abuja. The 74-year-old surveyor, one of the resource persons invited by the ICPC to speak at a one-day colloquium died while delivering his speech at the headquarters of the ...

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The Effect of Recession on Property Management Practice in Nigeria


Property management is an act of inter-mediation between owners and occupiers on issues affecting the parties arising from ownership and occupation of buildings. It is a conscious process of guiding and tailoring an investment in land into profitable venture. Its main concern is the optimization of the owners’ investment. On the other hand, an economy is said to be recessed ...

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Estate surveyors seek self- regulation, lament negative perception

estate surveyors

To promote good professional standards and provide consumers, accessible and effective service, Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) has tasked Estate Surveyors and Valuers (ESV) to adopt self-regulatory approach in their practice. Chairman of Professional Practice Committee (PPC) and member of ESVARBON, Victor Alonge said the adoption of such approach will enhance the reputation of members. Speaking ...

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“Estate surveyors should be engaged to address Nigeria’s land data challenge”

land data

The practice of estate surveying and valuation in Nigeria has been bedeviled with several challenges leading to negative public perception. In this interview, the second vice president of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) and the principal partner of Portharcourt based Emma Wike & Partners Emma Okas Wike, gives an insight on what the board is doing ...

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NIESV summit to hold for two days in Lagos


On November 7 and 8, a two-day summit will be held by the Lagos State Branch of the Nigerian Institution of Estate Surveyors and Valuers (NIESV). According to the branch’s Publicity Secretary, Mr. Richard Olodu, estate surveying and valuation profession encompasses diverse fields of specialisation, including such land, building, engineering and Business, Estate agency, Investment advisory, property management, facilities management, ...

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