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NIESV sets goals to enhance standard of practice

According to The Guardian, members of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) have resolved to dialogue with stakeholders to resolve their differences.

The members made the resolution at its 47th national conference at the Imo International Convention Centre (IICC), Owerri, the state capital.

The NIESV’s President, Dr. Bolarinde Patunola-Ajayi, urged the members to deliberate with a view to moving the country’s economy forward.

The body promised to collaborate with the Institute of Bankers and pursue other ethical issues to enhance its standard of practice.

The estate valuers also tasked the institution on professional fee charges, which it said must be in line with the current global trends and economic realities.

The NIESV further canvassed an improved collaboration between the two chambers of the National Assembly to resolve the challenges confronting valuation in the country.

They urged the lawmakers to pass the bills affecting the NIESV to enable it to move forward, while calling for proactive measures among members to adopt the resolutions reached at the conference in line with the regulatory standards.

Various committees were set up to address various issues, one of which was headed by the second Vice President, Emmanuel O. Wike.

Also, the Honorary Publicity Secretary and Chairman of the Planning Committee, Charles Oghenero Ebiai, said the theme of the conference ‘’Growing and Diversifying the National economy: The Real Estate Imperatives’’ was very timely.

He charged them to resolve the issues affecting the institution in the areas of land-based revenue generation opportunities, integrated urban rural development and optimising tourism in real estate through foreign direct investment (FDI).

He listed others as mobilising the private real estate investments and the one-city growth model.

This, he, said was necessary to address the challenges posed by the spiral effect of the country’s economy, particularly the dwindling cost of oil in the world market.

Ebiai appealed to the professionals and government to exploit other non-oil revenues to boost the economy.

Some officials of the Nigerian Navy attended the conference, which would end on April 1, after its Annual General Meeting (AGM).

 

 

Culled from The Guardian

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