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FG demands professionalism in building sector

Minister of Power, Works and Housing, Babatunde Fashola

The Minister of Power, Works and Housing, Babatunde Raji Fashola, has urged experts to exhibit the spirit of sacrifice and professionalism in their services as government continues to provide critical infrastructure to Nigerians.

Fashola made this call when he received members of the Estate Surveyors and Valuers Registration Board of Nigeria, recently in Abuja.

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The minister, who commended the sense of purpose manifesting in the achievements of the board within one year of its inauguration, urged the members to be more professional, saying “if the professionals deliver, Nigeria will deliver.” He emphasized that doing so will eliminate quackery in the system.

Furthermore, Fashola explained that the 10% valuer and 25% reposition fees charged by professionals in the field “builds unsustainable economy”, citing the 2nd Niger Bridge and the Bodo-Bonny Bridge which runs into billions of naira and requested the board to review the charges.

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The minister also encouraged members to create a baseline data for all empty houses with information for sale or rental value, adding that the empty houses can be livable. He argued that a real economy must reflect indices of exchange rate, inflation and growth rate.

Earlier, the chairman of the board, Sir Nweke Umezuruike, while inviting the minister to the launch of the Green Book ‘The Nigeria Valuation Standards’ presented to him, explained that within the year, the board made some remarkable strides in the improved Adhesive Stamps, the publication of the Green Book amongst others.

Umezuruike also sought the minister’s assistance for office accommodation and prompt composition of the board membership/replacements as are necessary.


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