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Friday, May 13, 2022

Property surveyors reject Fashola’s month-to-month home lease proposal

The Nigerian Establishment of Property Surveyors and Valuers have rejected the month-to-month home lease proposal of the Minister of Works and Housing, Babatunde Fashola.

NIESV President, Emmanuel Wike, advised journalists at a press briefing in Abuja on Sunday that though the establishment would meet the minister on the matter, surveyors considered Fashola’s place on month-to-month lease in another way.

About two weeks in the past, Fashola recognized exorbitant quantities of lease, starting from one to 3 years demanded by landlords and property homeowners earlier than they set free their properties as the main explanation for housing challenges in Nigeria.

The minister additionally dismissed the 17 million housing deficit determine being brandished in Nigeria, stressing that the declare had no scientific proof.

Fashola then proposed month-to-month lease by property homeowners with a purpose to make homes inexpensive properties for Nigerians in city centres.

Reacting to this, Wike mentioned, “As a serious stakeholder within the housing sector, the Nigerian Establishment of Property Surveyors and Valuers view the suggestion of the minister from a unique perspective.

“The establishment intends to go to him as quickly as doable to deliberate and harmonise positions on the matter.”

On the declare that Nigeria had a 17 million housing deficit, the NIESV president acknowledged that the establishment was engaged on getting the suitable determine.

He mentioned findings by the establishment could be real, stressing that NIESV had additionally found out that many deserted properties have been owned by the federal and state governments.

Wike mentioned, “We want to reaffirm the significance of knowledge in addressing the housing provision. Knowledge is a precedence of the establishment.

“We’re in the intervening time updating the information we earlier produced on the Nigerian housing sector of which a replica was given to the minister at our forty ninth annual convention of 2019 in Lagos.

“Little question, information produced by the establishment could be dependable and acceptable to gamers in the true property sector.”

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