Category: Building & Properties

  • ‘Unhealthy competition stalling built environment’

    ‘Unhealthy competition stalling built environment’

    The Minister of Housing and Urban Development, Ahmed Dangiwa, has decried the growing interdisciplinary rivalry and unhealthy competition among professionals in the built environment, describing it as a major factor affecting the performance and efficiency of the industry.

    The Minister made this known while speaking as Special Guest of Honour at a Luncheon organised by the Quantity Surveyors Registration Board of Nigeria (QSRBN), held recently in Abuja.

     Dangiwa noted that the sector has historically suffered from professional aberrations, lack of institutional coordination, and infighting among professionals. According to him, these issues have led to delays in project execution, inflated costs, and opened avenues for corruption, ultimately eroding public trust in the capacity of built environment professionals to deliver quality infrastructure.

     Dangiwa noted that the sector has historically suffered from professional aberrations, lack of institutional coordination, and infighting among professionals. According to him, these issues have led to delays in project execution, inflated costs, and opened avenues for corruption, ultimately eroding public trust in the capacity of built environment professionals to deliver quality infrastructure.

    Represented by the Head of Department, Public Building and Housing Development at the Ministry,  Ubong Usoro Temitope, the Minister urged all professionals and allied experts in the industry to rise above competition and embrace collaboration.

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    He called for strengthened interdisciplinary research and a unified commitment to delivering efficient, effective, and high-quality infrastructure for Nigerians.

    “The built environment is too critical to national development for us to be working in silos. We must come together, collaborate, and uphold best practices to ensure we meet the infrastructure needs of our people,” he said.

    He urged all professionals and allied experts in the industry to rise above competition and embrace collaboration.

    He called for strengthened interdisciplinary research and a unified commitment to delivering efficient, effective, and high-quality infrastructure for Nigerians.

    “The built environment is too critical to national development for us to be working in silos. We must come together, collaborate, and uphold best practices to ensure we meet the infrastructure needs of our people,” he said.

  • Tinubu, Akpabio to attend NIESV 2025 real estate conference in Abuja

    Tinubu, Akpabio to attend NIESV 2025 real estate conference in Abuja

    …experts to explore new strategies in sector’s finance and taxation

    The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has announced that President Bola Ahmed Tinubu will serve as the special guest of honour at its 55th Annual National Conference and Annual General Meeting (AGM), scheduled to take place from May 5 to May 10, 2025, at the Abuja Continental Hotel.

    The institution also confirmed that the President of the 10th Senate, Senator Godswill Akpabio, will attend the conference as the guest of honour.

    Themed “Transform, Invest, Thrive: Optimising Real Estate Finance and Taxation,” the event aims to foster dialogue on innovative approaches to real estate financing and taxation in Nigeria’s economic landscape.

    In a statement signed by the honorary national publicity secretary of NIESV, ESV Richard Olodu, the institution extended an open invitation to professionals and stakeholders across the country and the diaspora.

    “The President and Chairman of Council, Nigerian Institution of Estate Surveyors and Valuers (NIESV), ESV Victor Adekunle Alonge, PNIVS, FRICS, FCIoD, cordially invites Estate Surveyors and Valuers in Nigeria and in Diaspora, players and critical stakeholders in the real estate industry,” Olodu stated.

    The high-profile event will also feature other key government figures, including the Minister of the Federal Capital Territory, Barr. Nyesom Wike, the Minister of Housing, Arch. Ahmed Musa Dangiwa, and the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun.

    The Special Adviser to the President on Revenue and Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zaccheaus Adelabu Adedeji, will deliver the keynote address. His presentation is expected to address current fiscal policies and their implications for real estate investment and development.

    According to the organisers, the 2025 conference will serve as a major platform to engage with public and private sector experts, both locally and internationally, to explore strategic frameworks for transforming Nigeria’s real estate landscape.

    “NIESV 2025 Conference promises to lay the groundwork for long-term economic growth and stability in Nigeria, benchmarking on real estate,” the statement noted.

  • Enhancing estate surveyors, valuers’ role in economic development

    Enhancing estate surveyors, valuers’ role in economic development

    By Obaze Francis Onyeka

    An Estate Surveyor and Valuer (ESV) is a professional, trained in the art and science of estate management and valuation to direct and supervise an interest in landed properties with the sole aim of obtaining optimum return for the owners of such properties.

    In other words, he has undergone necessary training at the approved institution of higher learning in estate management and valuation and as well has passed the prescribed examinations of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), has undergone the Test of Professional Competence to become a professional in the Associate Member cadre, registered and licensed by the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) in accordance with the enabling law.

    This process indicates the rigours and steps involved in the making of the Estate Surveyor and Valuer (ESV) via: (a) formal training at a tertiary institution, (b) passing professional qualifying/practice examinations, (c) practical training in professional competence, (d) being elected a professional Associate Member and (e) finally being registered/licensed by the ESVARBON.

    The ESVARBON is a statutory body established under Decree No. 24 of 1975 (now Act) Cap E 13, LFN, 2004. This law marked a turning point in the Estate Surveying and Valuation profession in Nigeria.

    Estate Management is not only a professional course but has the law of the land that backs it up and also gives it the enabling authority.

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    The Estate Surveyor and Valuer is supposed to continue his training by attending the annual professional activities as organised by the NIESV, ESVARBON or jointly by both bodies.

    The activities of the Estate Surveyor and Valuers in Nigeria are controlled by both NIESV – the professional body, and ESVARBON – the government regulatory body.

    The Nigerian economy has witnessed many ups and downs at various times in history like other developing countries.

    The economy, which was affected by the global economic meltdown of the 2007/2008 period, went into recession with negative growth in the last quarter of 2015 and came out of it in 2016 and was greatly affected by the COVID-19 pandemic.

    The government revenues are still dominated by the oil and gas sector to the detriment of the potential of agriculture, manufacturing, technology, landed and other resources.

    The security challenges have added to the economic hardships, especially in commercial and agricultural activities.

    The governments at all levels find it difficult to run balanced budgets.

    The high inflation rate presently, at more than 30 per cent, the high debt overhang, the high unemployment rate, poor educational and health facilities, descript infrastructural facilities and others, are common hiccups in the turbulent Nigerian economy.

    The economy is not in the best of form, with the security challenges and other harsh environments threatening both local and foreign investments.

    The nature of the economy notwithstanding, the functions of the Estate Surveyors and Valuers are not diminished, as they always have very important contributions to make to the polity.

    Whether in a depressed, recessionary or booming economy or in a wartime or peaceful period, they are always relevant.

    Ezeudu, C. U. (2019), in his paper presented to the National Association of Estate Management Student Association at Obafemi Awolowo University, Ife stated the need to equip estate management professionals with entrepreneurial skills for nation al development in solving the present challenges on the ground, especially with increasing rate of growing population, unemployment, homelessness, high poverty rate, infrastructural decay and related evils.

    There is an urgent need to devise ways of effectively utilising our resources, including land resources, through entrepreneurship, which is now seen as a great factor of production.

    This is advocated by Tijani A. J. (2019) in his retirement speech after 32 years of service, stated: “Land is still the king of production though the world in general has added more wealth in recent years through technology and innovations which are mainly derived from entrepreneurship and human capital.”

    We have to take the issue of skill acquisition seriously for sustainable development.

    The ESV is a professional who specialises in appraisal/valuation for many purposes including plant and machinery assets, viability tests, merger/takeover bids, privatization, tax management, project/property development and management, land acquisition and compensation, real estate agency, environmental planning, arbitration, etc.

    The services of the ESV in Nigeria are required in the following establishments: federal and state ministries; the Urban and Regional Planning Board; the Internal Revenue Boards; rating authorities and valuation units of the local governments in Nigeria; the Probate Section of the State High Courts; parastatals; companies;  banks; educational institutions; private sector, etc.

    Therefore, one should strive hard from academic institutions through professional training at the NIESV and ESVARBON in order to render his professional services as an Estate Surveyor and Valuer in the Nigerian Economy.

    The motto of the NIESV, Honesty and Devotion, should always be observed, especially in the era of looking for easy fortunes through shortcuts and cutting corners.

    May God continue to sustain the hardworking Estate Surveyors and Valuers in their positive contributions to the Nigerian Economy.

    • Onyeka is an Associate Nigerian Institute of Estate Surveyors and Valuers

  • Land Use Act obsolete, needs urgent amendment, says Shettima

    Land Use Act obsolete, needs urgent amendment, says Shettima

    Vice President Kashim Shettima has said that the Federal Government was working on a review of the Land Use Act to make it conform with current global realities.

    He spoke at a three-day National Land Conference with the theme: ‘Reforming Land Governance for Sustainable Development in Nigeria’, organised by the National Institute for Policy and Strategic Studies (NIPSS) and Johnbull Amayaevbo Foundation.

    The Vice President said the government was also working to establish a sustainable land administration system.

    Represented by the Deputy Chief of Staff to the President, Senator Ibrahim Hassan Hadejia, the Vice President said the Land Use Act enacted in 1978 has been the legal and policy framework for land ownership, management, and administration in Nigeria.

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    He, however, said while the Act has significantly shaped land administration and management in Nigeria, it has also contributed to systemic challenges that must now be addressed immediately.

    He said: “The Act, now 48 years old, is undeniably due for review and reform. The time has therefore come for a thorough reassessment to identify necessary amendments and ensure its relevance in the evolving socio-economic landscape.

    “Analysts have criticised the Land Use Act as an impediment to Nigeria’s socio-economic development, underscoring the need for a comprehensive review to realign its policies with the goals of sustainable growth, equities and efficiency.”

    Shettima said the government has inaugurated four reform task teams to develop a strategic blueprint for implementing reforms aimed at streamlining land administration and ensuring easy, cost-effective, and efficient access to land in Nigeria.

    Already, Shettima’s push to implement reforms to streamline land administration in Nigeria has received the backing of the Managing Director of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi.

    The FMBN boss commended the National Land Registration and Documentation Programme (NLRDP) of the Federal Ministry of Housing and Urban Development, emphasizing its potential to revolutionize mortgage accessibility and financial inclusion in Nigeria.

    Speaking at a workshop organised by the Ministry at Transcorp Hilton, Abuja, Osidi described the initiative, spearheaded by Minister Arc. Ahmed Musa Dangiwa, in collaboration with the World Bank, as a critical step toward bolstering confidence in the real estate sector and enhancing housing finance activities.

    “A well-structured and digitized land administration system will reduce transaction costs, improve transparency, enhance credit security, and stimulate housing finance,” Osidi stated.

    He highlighted the programme’s significance in streamlining title registrations, which would directly impact FMBN’s ability to deliver affordable housing solutions.

    “Efficient land registration and documentation are crucial to mortgage accessibility and financial inclusion, and FMBN remains committed to supporting initiatives that enhance these processes,” he added.

    Osidi also revealed that in alignment with the NLRDP, FMBN had initiated the development of the National Mortgage Registry (NMR), with a digital platform—the NMR App—currently undergoing testing.

    He described the NMR as a key component of President Bola Tinubu’s Renewed Hope Agenda, designed to simplify property transactions and advance the housing and urban development sector.

    Osidi cited a recent collaboration between the Bank and the Central Securities Clearing System (CSCS) aimed at improving land administration efficiency.

    He lauded the Housing Ministry’s efforts in organising the workshop and expressed optimism that the NLRDP’s successful implementation would reduce litigation cases, enhance investor confidence, and establish a robust framework for land management in Nigeria.

    In his remarks, Minister Dangiwa outlined plans to introduce a National Digital Land Information System (NDLIS) to centralize and digitize land records, reduce bureaucratic hurdles, and curb corruption in land transactions.

    He noted that experts estimate Nigeria’s untapped real estate capital at over $300 billion, and the Ministry aims to increase formalized land transactions from less than 10 per cent to over 50 per cent within a decade.

  • How to close housing deficit

    How to close housing deficit

    A real estate firm, Pennek Nigeria, has called for a single regulatory body to streamline processes and reduce costs for developers as a way of addressing the current housing deficits in the country.

    Its Group CEO, Kennedy Nnadi, in a statement in Lagos, stressed the need for increased public sector support for real estate developers, which practical implementation remains complex.

    According to reports, Nigeria faces a significant housing deficit, estimated at 28 million units, requiring an investment of N21 trillion to close up.

    This implies that Nigeria needs to build 28 million more housing units to adequately house its population. The housing deficit has been increasing rapidly, with estimates rising from 14 million in 2010 to 28 million in 2023.

    Experts in the built environment predict a need for 700,000 new homes annually to address the growing demand.

    Nnadi who has also established the footprint of the business to the United States of America (USA), said to the company has been contributing to housing development and economic activity.

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    According to him, Nigeria’s real estate sector is beset with myriad of challenges including high land costs and fragmented regulatory frameworks, stressing that when the regulatory frameworks are harmonised, the sector will develop further.

    The statement explained that Nnadi began his entrepreneurial journey in 2013/2014, founding Pennek with a reported initial capital of seven hundred thousand naira (N700,000).

    “The company has since grown to manage estates in cities like Lagos, Owerri, Awka, and Abuja, and recently launched a project in Houston, Texas. The expansion to the U.S. is part of Pennek’s strategy to explore new markets, including regions with established Nigerian communities. While this growth highlights Pennek’s evolution, it also underscores the challenges of adapting to new regulatory and market environments,” the statement said.

    Nnadi’s professional experience spans more than a decade across industries, including real estate, importation, investment, and oil and gas. His academic foundation in Soil Science, earned at the Federal University of Technology, Owerri, provided early opportunities for engagement in public service during his National Youth Service Corps (NYSC). Nnadi has supplemented this foundation with business education from institutions such as Lagos Business School and Strathmore Business School, as well as an ongoing program at Harvard Business School. These qualifications reflect his focus on professional development, though their impact on his business strategies remains subject to broader industry conditions.

    His leadership has drawn attention both locally and internationally, particpating in initiatives such as the Obama Foundation Pioneer Summit and Nigeria’s Youth Entrepreneurship Strategy program. In 2022, Nnadi was recognized among the Top 10 Real Estate Developers in Nigeria. “While such accolades highlight his contributions to the sector, they are part of a competitive landscape where other developers have also significantly influenced housing and infrastructure development,” the statement said.

  • FG to penalise owners of unoccupied buildings to tackle housing deficit

    FG to penalise owners of unoccupied buildings to tackle housing deficit

    The federal government has announced plans to impose financial penalties on owners of unoccupied buildings as part of efforts to reduce Nigeria’s housing deficit.

    Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, revealed this in an exclusive interview with The Nation, stating that property owners who fail to lease or sell their vacant buildings may face higher ground rent charges.

    “If we claim there is a housing deficit while so many buildings remain unoccupied, then something is wrong.

    “We can’t force anyone to lease or sell, but we can make it financially inconvenient to hold onto empty properties. For instance, if you refuse to rent out a house worth N5 million annually, but the government imposes a N3 million ground rent, you’ll be more inclined to lease it rather than bear the high cost.”

    Dangiwa revealed that to drive this policy, the ministry is conducting a nationwide census of unoccupied buildings, which the minister said would soon be completed.

    According to him, legal experts are reviewing the best approach to implement these measures without infringing on property rights.

    Also, he announced that the government is cracking down on contractors delivering substandard work on the Renewed Hope City housing projects.

    The minister revealed that some contractors have been using poor-quality materials and cutting corners, expecting to fix defects later during plastering.

    “We have received reports of substandard construction, and we will not tolerate it. Any contractor found guilty will face sanctions, including contract termination,” he warned.

    Dangiwa noted that the Federal Ministry of Housing and Urban Development has strengthened its supervision structure, with liaison offices in all 36 states staffed by experts, including architects, quantity surveyors, and builders to ensure compliance.

    He maintained confidence that the government’s decisive stance signals a shift toward stricter housing regulations, aimed at tackling both the affordability crisis and the quality of housing in Nigeria.

  • Group seeks tax relief for social housing

    Group seeks tax relief for social housing

    The Housing Development Advocacy Network (HDAN) has called on President Bola Tinubu and the National Assembly to incorporate tax relief measures for developers of social housing and building materials in the proposed Nigeria Tax Bill 2024.

    In a statement, its Executive Director, Festus Adebayo, emphasized that excessive taxation could hinder the delivery of affordable housing, thereby eroding the hopes of millions of Nigerians in dire need of decent shelter.

    HDAN specifically advocated for the inclusion of low-income housing tax credits in the new reforms, which would provide a vital incentive to construct or rehabilitate affordable rental housing for low-income households.

    Adebayo urged the Federal Government to issue tax credits through a competitive process, ensuring they benefit those genuinely committed to addressing the nation’s housing crisis.

    Nigeria’s housing deficit remains a critical issue, compounded by an estimated population of 224.6 million that is projected to reach 262.6 million by 2030.

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    With 51.4 percent of Nigerians classified as multi-dimensionally poor and 58.8 per cent of the urban population living in slums, the demand for affordable housing with basic infrastructure is urgent.

    However, challenges such as high building material costs, exchange rate volatility, and land acquisition issues continue to impede progress in the sector.

    HDAN also highlighted the economic pressures affecting housing delivery and how increase in interest rates make access to affordable mortgages increasingly difficult.

    Adebayo stressed that tax reforms should alleviate, rather than exacerbate, these challenges by creating a more supportive fiscal environment for developers of affordable housing.

    The Nigeria Tax Bill 2024, currently under deliberation in the National Assembly, has sparked widespread debate. Provisions in the bill, such as the proposed increase in value-added tax (VAT) from 7.5 per cent to 10 per cent by 2025 and eventual hikes to 15 per cent by 2030, have drawn criticism for potentially burdening ordinary Nigerians.

    The bill also introduces a 27.5 per cent company tax, a four per cent development levy on companies, and a five per cent excise tax on telecommunications services, among other measures.

    HDAN expressed concerns that these tax policies, while aimed at generating revenue, could deter investment in critical sectors like housing unless provisions are made to support social housing initiatives.

    The organization also urged lawmakers to consider the significant disparities in housing needs across the country and provide targeted solutions to bridge the gap.

    In addition to tax relief, HDAN reiterated its commitment to advocating for the passage of 11 pending housing and mortgage-related bills in the National Assembly. It called for a review of outdated laws, such as the Land Use Act and Mortgage Bank Act, to create a more enabling environment for private sector participation in housing delivery.

    HDAN is a research-driven, non-profit, volunteer, and non-governmental organization dedicated to promoting affordable housing across Africa.

    With a membership of over 5,000 professionals spanning various disciplines within the housing and construction industry, HDAN strives to advance sustainable housing solutions throughout the continent.

  • Crestvillas launches hotel enlistment platform

    Crestvillas launches hotel enlistment platform

    Crestvillas, a property management company operating in Nigeria, has launched a platform for hotel owners to list their properties.

    The company aims to connect hotels with potential guests through its online portal.

    The platform offers features for managing bookings and tracking performance. Crestvillas also employs marketing strategies to increase visibility for listed hotels.

    According to Crestvillas representatives, the platform aims to address the challenges faced by hotel owners in attracting consistent bookings and maximizing revenue. The company emphasizes its commitment to providing a user-friendly system for managing reservations.

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    “We aim to assist hotel owners throughout the process, from registration to managing bookings,” said Jane Konan, CEO of Crestvillas.

    Benson Agu, Country Director of Crestvillas, stated that the company focuses on providing tools for hotel owners to increase their reservation income. He highlighted features such as online booking and marketing support.

    Crestvillas also offers a referral program, allowing individuals to earn a percentage of bookings made through the platform.

  • Minister reiterates FG’s commitment to land reforms 

    Minister reiterates FG’s commitment to land reforms 

    The federal government is set to begin land reforms with a National Urban Forum, bringing together stakeholders from government, the private sector, civil society, and communities to collaborate on urban development, it has emerged.

    The Minister of Housing and Urban Development, Ahmed Musa Dangiwa, who disclosed this in Abuja, stressed the need for efficient and equitable land allocation, calling it essential for sustainable urban development.  

    Speaking at the maiden Town Planners Assembly in Abuja, Dangiwa highlighted the urgency of addressing Nigeria’s rapid population growth and urbanization, noting the increasing demand for housing and infrastructure, emphasizing the need for innovative and collaborative approaches to town planning. 

    While he identified unplanned urbanization, inadequate infrastructure, environmental degradation, and informal settlements as major challenges requiring multi-stakeholder collaboration, the Minister revealed that plans are underway to streamline land administration, reduce bureaucratic bottlenecks, and promote transparency in land transactions.  

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    Represented by Lana Olalekan, the Director and Head of the Department of Urban and Regional Development at the Ministry, Dangiwa, however, stressed that no single institution can tackle these issues alone, calling for stronger partnerships among town planners, government agencies, the private sector, and communities. 

    He emphasised that the Ministry is committed to create an enabling environment for such collaboration through regulatory reforms, capacity building, and the adoption of modern planning technologies.  

    To address the housing gaps, he noted that the government launched initiatives such as the Renewed Hope Cities and Estates Programme, aimed at providing affordable housing while ensuring resilient urban spaces. 

    Furthermore, he said the National Urban Renewal and Slum Upgrade Programme seeks to transform informal settlements into well-planned communities with essential infrastructure. 

    Additionally, according to him, the Ministry, in partnership with UN-Habitat, has developed a National Urban Development Policy, which will soon be presented to the Federal Executive Council for approval.  

    Emphasizing sustainability as a priority, Dangiwa highlighted the Ministry’s collaboration with IFC EDGE to integrate green building techniques into housing projects and reiterated his directive that all of the Ministry’s designs must incorporate sustainability principles, reinforcing a commitment to environmentally responsible urban planning.

    He also acknowledged the longstanding partnership with UN-Habitat, which has provided technical expertise and capacity-building support since 2003.  

    The Minister urged town planners to enhance professional standards through continuous learning and certification while leveraging advanced technologies like Geographic Information Systems (GIS) and Building Information Modeling (BIM). 

    He emphasized public-private partnerships and community engagement in the planning process, asserting that inclusive and strategic actions will lay the foundation for sustainable cities.  

    On his part, the President of the Nigerian Institute of Town Planners (NITP), Chime Ogbonna, raised concern over legislative gaps in urban planning including the failure to implement Nigeria’s Urban and Regional Planning Law, promulgated in 1992. 

    Despite its existence, the law remains largely unimplemented at the federal level, leaving town planning operations in a legal vacuum, he noted, adding that some States have adopted the law, but many others, including Federal agencies, still operate outside its provisions, hindering proper urban planning and development.  

    He noted that the absence of key institutions mandated by the law, such as the National Urban and Regional Planning Commission and the Urban and Regional Planning Appeal Board, was also highlighted. 

    The NITP President, however, urged the government to act swiftly to implement the legislation, warning that continued inaction could render planning efforts ineffective and hamper sustainable development.  

    Kabir Mohammed Kyari, a former NITP President and Chairman of the Summit’s Organizing Committee, stressed that housing remains a significant challenge in Nigeria. 

    He pointed out that Nigeria’s population has surged from 45 million at independence to over 200 million today, creating an ever-growing demand for housing. 

    The rapid formation of new households, particularly among young people, according to him, has exacerbated the housing crisis, while formal housing production has failed to keep pace.  

    While advocating for a collaborative approach, arguing that no government can meet all housing needs alone, Kyari called for integrating traditional incremental housing development with structured policies to bridge the housing deficit. 

    Addressing the crisis requires a mix of government intervention, private sector participation, and community-driven solutions, Kabir Uthman Hassan, Director General of Gombe Geographic Information Systems (Gombe GIS), highlighted the role of technology in improving urban planning. 

    He noted that GIS has been instrumental in identifying land-use violations, revealing widespread illegal conversions of designated commercial and recreational areas into residential spaces. 

    By leveraging GIS, he posited that authorities can track distortions and restore land to its intended use, ensuring structured urban development.

  • Femab properties addresses campus project dispute, reiterates accountability

    Femab properties addresses campus project dispute, reiterates accountability

    A real estate firm, Femab Properties Limited, has reiterated its commitment to transparency and accountability in the ongoing development of the IPAM Bureh Town Campus in collaboration with the University of Sierra Leone. 

    The real estate firm, led by Managing Director Abiodun Aguda, reaffirmed its dedication to completing the project despite challenges arising from administrative changes and financial policy shifts.

    Addressing concerns regarding the project’s status, the University of Sierra Leone emphasized that all agreements with Femab Properties were conducted with due diligence and in adherence to regulatory procedures. 

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    Vice Chancellor Professor Aiah Lebbie stated: “Our commitment to due process remains firm. Every phase of this project has been executed with established guidelines, and we continue to engage stakeholders to ensure its successful completion.”

    The partnership was formalized in 2018 following a rigorous review process involving key government bodies such as the Ministry of Technical and Higher Education and the Ministry of Finance. 

    The agreement aimed to enhance educational infrastructure through a Public-Private Partnership (PPP) model. 

    Professor Lebbie acknowledged the hurdles but maintained that the university remains committed to resolving outstanding issues. 

    “While setbacks are never ideal, they provide opportunities to reassess and strengthen our approach. We are actively negotiating revised terms with Femab Properties to ensure that the project aligns with our institutional goals without compromising transparency.”

    “Recent engagements, including a detailed briefing on February 5, 2022, and a site visit on August 24, 2024, have provided further clarity on the project’s progress. 

    “The university has also welcomed ongoing inquiries by the Anti-Corruption Commission and pledged full cooperation. “Our priority remains the completion of this campus and the advancement of our academic mission,” Professor Lebbie added.

    The university apex body, led by Vice-Chancellor Professor Foday Sar, was in Nigeria on February 5th, 2023, to present an alternative financial model in the face of a government reluctant to issue the guarantee pledged in the contract. Both IPAM and Femab made great progress in reaching a deal before their Tenor expired.

    On the 11th of August 2024, the new administration led by Professor Lebbie again visited Nigeria to conclude the negotiations where the last administration stopped before the distracting publication that met both IPAM and Femab by surprise. The two parties are determined to ensure these issues are resolved to ensure immediate redeployment to the site.

    The University of Sierra Leone urged the public to rely on verified information, cautioning against misinformation that could distort facts. “This project is a vital step in enhancing our educational landscape. We remain dedicated to ensuring its successful completion for the benefit of our students, staff, and the nation,” concluded Professor Lebbie.