Estate valuers Seek to Enhance Economic Growth

real-estate
  • Estate Valuers Seek to Enhance Economic Growth

The President, Nigerian Institution of Estate Surveyors and Valuers, Dr. Bolarinde Patunola-Ajayi, has said that the contributions of building professionals to the execution of projects can enhance economic growth.

Patunola-Ajayi, who spoke at the NIESV Lagos Branch’s end of the year party, said that professionals in the building sector had not been fully involved in the execution of projects.

He also said that there was a need for the government to patronise indigenous professionals as this would enable them to demonstrate their capabilities, instead of depending on foreign expertise.

“Professionals in the building sector should be placed in the centre of project execution although they may not have materials and equipment capacity, but the human capacity is available. Government needs to ensure that our professionals are engaged,” he said.

The NIESV president also urged the government to invest more in road construction, as most of the nation’s roads were in bad conditions.

“If the government can invest more in construction, the whole labour force in the industry and even those in other sectors in the country will be active,” he said.

The Chairman, NIESV Lagos Branch, Mr. Offiong Ukpong, said that there was a need for the appointment of a valuer general, who would advise the government on the implementation of land surveys and value.

He added that indigenous professionals instead of their foreign counterparts should be allowed to share their own views on projects and that they should not just to give their ideas, but should also be given projects to execute.

The Vice Chairman, NIESV Lagos Branch, Mr. Olurogba Orimolade, added that members of the institution were well trained and equipped enough to face the challenges in the economy, adding, “Professionals should be allowed to deal in their areas of competence.”

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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