The Minister of Power, Works & Housing, Mr Babatunde Raji Fashola, SAN, has challenged the newly reconstituted board of Estate Surveyors and Valuers Registration of Nigeria (ESVARBON) to come up with harmonized code of charge that will promote ‘’real estate’’ as this will impact on the ease of doing business in Nigeria.
He stated this at the inauguration ceremony of the new board at the ministry’s headquarters in Abuja. The Minister charged them to develop an open and nation-wide valuation of real estate database across the nation in order to greatly improve and grow the nation’s economy.
Fashola congratulated the chairman and members of the Board and expressed confident in the broad mix of experience and values the Board is bringing to the nation. The Minister added that ‘’these are people, whose professional mandate is really putting value to light in the area of over seeing how land is turned from dormant into a valuable asset’’.
In his remarks, the Chairman of Estate Surveyors and Valuers Registration Board of Nigeria, Esv. Olayinka Sonaike, on behalf of the 21 newly inaugurated board members expressed appreciation to be called upon to serve in a rather different capacity of regulating the practise of the profession.
Sonaike stated that the profession is willing to collaborate with the Ministry in the on-going construction of Housing Units across the nation under the National Housing Programme of the Buhari’s administration. He urged that the board be given necessary support to play its regulatory role as expected.
The Estate Surveyors and Valuers Registration Board of Nigeria among other responsibilities is charged with registering persons who are fit and qualify to serve and practice as Estate Surveyors and Valuers; and also regulate the knowledge and the general practice of the profession in the country.
