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Tag Archives: NIESV

FG will tackle 17m housing deficit – FMBN chairman says

FMBN

The Federal Government is determined to address the 17 million housing deficit in the country, Dr. Wale Adeeyo, the Chairman of the Federal Mortgage Bank of Nigeria (FMBN) has said. The FMBN boss, who gave this hint during an exclusive interview with our correspondent in Lagos, observed that, “The 17 million housing deficit has been there for a while and ...

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Litigation: FIABCI Nigeria accused of disobeying court orders

FIABCI

Despite a subsisting order to reinstate Mr. Emmanuel Osita Okoli, placed on the International Real Estate Federation, FIABCI-Nigeria Chapter by a High Court in Nigeria, the professional body has continued to disobey the court order. The order being disobeyed by FIABCI-Nigeria Chapter is the one made by the High Court in Ikeja directing the realtor body to reverse its expulsion ...

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NIESV asks FG to impose tax on real estate sector

NIESV

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on the federal government to impose tax on the real estate sector to generate income. The association also noted that government could generate income through taxes, levies, and fees, stressing that land-based taxes are good sources of income for the government. It argued that there about 15 different charges ...

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Estate surveyors implements roadmap, partners LBS on training

surveyors

Members of the Plant and Equipment Faculty of the Nigerian Institution of Estate Surveyors &Valuers (NIESV) have advocated the review of the 11-year old mineral Act and implementation of the roadmap for the development of the solid minerals sector of the economy. They made call the end of a four-day international conference on Mineral Assets Valuation and financing organized by ...

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NIESV urges states to invest more in infrastructure

NIESV

To enlist Nigeria in the league of smart cities, the Nigeria Institution of Estate Surveyors and Valuers (NIESV) has advised states to emulate Lagos State government and commit more funds into infrastructural development. The institution noted that infrastructural development is the basis for evolvement of the concept of smart city across the world hence, the need to prioritise such investment ...

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Experts support strategic innovations to boost housing sector

innovations

Members of the Nigerian Institution of Estate Surveyors and Valuers, NIESV, have advocated strategic innovations as a way of remaining relevant in business and to boost the sub-sector of the economy. The development is coming up as against the backdrop of the unhealthy competition from foreign counterparts in the country’s estate agency practice. This is the outcome of a one-day ...

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Major reason for housing problems is lack of political will – NIESV Chairman

NIESV

To address the nation’s increasing housing deficit, the Nigerian Institution of Estate Surveyors and Valuers (NIESV) plans to showcase alternative building techniques in its 6th national housing summit. The summit, organized by its housing faculty is themed: “Alternative Building Techniques for Mass Housing Delivery”, and holds on Monday next week at NAF Centre, Abuja. Chairman of the summit planning committee, ...

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Housing units are too expensive for low-income earners – Experts

housing units

Stakeholders at a seminar organised by the Ogun State chapter of the Nigerian Institute of Quantity Surveyors have chided the federal and state governments for constructing housing units only for the rich. The seminar held in Abeokuta and had as its theme: ‘Effective housing delivery in a developing economy.’ The President, NIQS, Obafemi Onashile, noted that there was the need ...

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NIESV set to hold forum on improvement of housing delivery

housing delivery

Estate surveyors and valuers in the country plan to hold a forum on how the country can reduce its housing deficit through effective mass housing delivery. The forum, known as the 6th National Housing Summit, and scheduled to hold in Abuja on October 8 and 9, is being organised by the Faculty of Housing, Nigerian Institution of Estate Surveyors and ...

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Flood affects property markets in eight states

property

Property owners trying to sell their properties in flood-hit parts of the country are yielding to pressure to drop prices as demands for homes in some of the affected locations have reduced drastically. After weeks of flooding in major cities, especially in eight states, some houses have been submerged in water, forcing the occupiers and tenants to vacate the areas. ...

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