Login Register
feel free to call 09056000005

Real Estate Valuation Critical in Tackling Building Collapse - Minister

The Minister of Housing and Urban Development, Ahmed Dangiwa, has reiterated the crucial role of estate surveyors and valuers in preventing building collapses. He also noted that it is high time Nigeria knew the real value of its estate assets.
 
Speaking at the 2024 Valuers Assembly in Abuja themed 'Valuation as a Tool for Revamping the Economy - The Role of Estate Surveyors and Valuers', Dangiwa highlighted the importance of thorough property inspections and assessments in ensuring the safety and sustainability of buildings.
 
 
"Your professional expertise ensures that land and property values are accurate and reflect fair market values, which is crucial for the state to provide cost-effective housing solutions.
 
"Estate surveyors and valuers are critical in preventing building collapse by ensuring that property inspections and assessments adhere to professional standards," he stated

Read also 

How Real Estate Agents Make Money in Nigeria

Can Real Estate Be a Side Job?

Are Real Estate Commissions Negotiable?

How to Immigrate to Canada as a Real Estate Agent in 2024
In his opening address, the Chairman of the Estate Surveyors and Valuers Registration Board of Nigeria, ESV Dosu Fatokun, noted that "Expertise in valuation is not just a technical skill but a vital tool for economic revitalisation, especially in these challenging times," adding that "you have to deploy technology in addressing these current issues."

Similar Topics

The Federal Government has expanded the Abuja-Kaduna-Kano Road project to incorporate a direct...

5 days ago Read More

The Federal Capital Territory Administration (FCTA) has taken possession of Wadata Plaza, the...

13 days ago Read More

Defaulters on FCT ground rent now have 14 days grace to pay up what they owe the FCT Administration...

13 days ago Read More

Unprofessional practices by estate agents in major cities are significantly influencing the spike...

28 days ago Read More

A Real estate development firm, Lifecard International Investment Company, has revealed that many...

a month ago Read More

Despite a fall in investment volumes from the 2021 peak, there is an ongoing desire for property...

a month ago Read More

The Lagos State government has advised the leadership of the Nigerian Institution of Estate...

a month ago Read More

Real estate market dynamics such as construction cost, land, finance, government policies and taxes...

a month ago Read More

Event Set to Celebrate Managers Who Shape Careers and Drive Organizational Growth   Business...

2 months ago Read More

Global Leaders to Converge in Lagos for Landmark Event Driving Urban Innovation and...

2 months ago Read More

In a bold move to redefine affordable luxury housing, Nigerian real estate giant Gtext Holdings has...

2 months ago Read More

Industry Experts Urge Anti-Corruption Measures, Innovative Financing to Address Crisis By: Oche...

3 months ago Read More

LAGOS, NIGERIA – Global real estate consultancy Knight Frank and UK developer Mount Anvil...

3 months ago Read More

By Oche Onum Lagos, Nigeria As Nigeria’s real estate sector braces for 2025, rapid...

3 months ago Read More

By Oche Onum Abuja, Nigeria In a landmark move to combat climate vulnerabilities in urban...

3 months ago Read More

LAGOS, NIGERIA The Federal Government announced plans Wednesday to establish a Real Estate...

3 months ago Read More

According to The Guardian's investigation, 70% of Nigerian states rely on manual land...

3 months ago Read More

What is the Initiative? The Federal Government of Nigeria has unveiled an N100 billion private...

3 months ago Read More

Abuja, Nigeria’s gleaming administrative capital, has long symbolized hope for migrants...

3 months ago Read More

Abuja, Nigeria The Federal Housing Authority (FHA) has suspended all ongoing construction projects...

4 months ago Read More