Tag Archives: NIESV

Rents across Lagos (Mainland and Island) and Ogun State have increased by over 30% between December 2020 and April 2021. Findings by Nairametrics revealed that while rent had increased by over 30% in some Lagos border towns like Sango-Ota, Arepo, and Magboro, property owners across Yaba, Magodo, Ikoyi, and Lekki axis also inflated their rents by about 33% within the ...

An expert in the real estate sub-sector, Bode Adediji, has revealed that only about 30 per cent of Nigerians have access to decent living and houses in the country.  He said this is due to estate crisis following poor real estate management which he identified as a major threat to the country’s development.  He spoke as a guest lecturer at ...

The president, Nigerian Institute of Estate Surveyors and Valuers, NIESV, Rowland Abonta says Nigerians have continued to experience housing deficit because the Government does not have plans to provide housing for majority of its citizens. Abonta was speaking in Enugu at a one day school-based National 50th Anniversary Continuing Professional Development Seminar as part of preparations for the Golden Jubilee ...

The Nigerian Institution of Estate Surveyors and Valuers, (NIESV) has urged housing ministries at federal and state levels to adopt vertical development for increased building spread and infrastructural growth. The institution also advised government to consider vertical development model to improve housing provision rather than the current low built designs. Making the call during an interactive session with newsmen in ...

An expert in the real estate, Mr. Chibundu Marcellus has said that the movement of the economy can make positive impact in the built environment if government can straight out the laws regulating the industry. Marcellus who is an investor in one of the biggest real estate firm in India said that by 2020 investable real estate will have grown ...

According to the President of Nigerian Institution of Estate Surveyors and Valuers (NIESV), Roland Abonta, the efforts by President Buhari’s administration in its first four years didn’t meet the targets in housing mostly because of the merging of Power, Works and Housing as one ministry. While speaking with Newsmen, the Estate Surveyor said that, ‘’what has happened in the last ...

The Building Collapse Prevention Guild (BCPG) on Monday called on the Nigerian government to address the menace of building collapse and sub-standard construction across the country. Akinola George, National President of the guild, made this call at a press conference in Ikeja, Lagos State. The BCPG comprises professionals from seven bodies, including the Nigerian Institute of Architect (NIA), Nigerian Institute ...

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Thursday in Lagos faulted the housing deficit figure of 17 million. He said that the data cannot be substantiated, wondering why it is being repeated and revalidated by various groups. He called for law and order which, he noted, were the most important ingredients to have a city that ...

Mr. Benjamin Okeke is a BSc holder in real estate, a chartered member of NIESV and a registered member of ESVARBON. He has been operating in the real estate industry for over 7 years. He started his career with Diya Fatimilehin and co., worked for 6 years and rose to the position of Assistant Head Of Valuation. In this interview, ...

Nigerian Institution of Estate Surveyors and Valuers ( NIESV) has faulted the current asset declaration procedure where a public officer on his own lists his assets and fixes values of his choice to the assets being declared, saying that it was counterproductive and negates the rules of checks and balance Briefing newsmen in Asaba, Delta State, President and Chairman, National ...