Category: Property

  • ABI projects reaffirm commitment to sustainable, innovative building solutions

    ABI projects reaffirm commitment to sustainable, innovative building solutions

    The Managing Director of ABI Projects Concepts Limited, Afakwu Ikechukwu, has reaffirmed the company’s dedication to delivering innovative and sustainable building solutions across Nigeria’s public and private sectors.

    Speaking during an interview with journalists in Lagos, Ikechukwu highlighted the company’s growth since its establishment in 2008, noting that ABI has transformed from a regional construction outfit into a nationally acclaimed industry leader.

    “With nearly two decades of operational excellence, ABI Projects Concepts Limited has earned a reputation for quality, reliability, and professionalism,” he said.

    He added that the company offers comprehensive, client-focused construction services, including design and build, construction management, preconstruction planning, virtual construction (BIM), and general construction.

    “Our solutions are tailored to meet the distinct needs of each client across key sectors such as logistics, manufacturing, energy, and agriculture,” Ikechukwu explained.

    He also emphasised the company’s strong collaboration with federal, state, and municipal governments, which has enabled the successful execution of high-impact public infrastructure projects.

    “As a registered member of the Nigerian Institute of Architects (NIA), we uphold the highest industry standards and are committed to best practices in all our operations,” he concluded.

    “In line with our strategic growth plans, we have also expanded into the hospitality sector with the launch of 649 Suites, a luxury boutique hotel located in the heart of Asaba.

    “This elegant property reflects the company’s dedication to creating exceptional lifestyle experiences through quality, comfort, and modern design.”

    Under the visionary leadership of Ikechukwu Afakwu, ABI Projects Concepts Limited has earned widespread recognition for its integrity, client satisfaction, and strategic execution. The company’s diverse portfolio includes industrial developments, commercial buildings, luxury residences, and major government infrastructure projects.

  • Why architects conferred fellowship on Jonathan, Abbas, Bago, by NIA president 

    Why architects conferred fellowship on Jonathan, Abbas, Bago, by NIA president 

    The Nigerian Institute of Architect (NIA) has conferred honorary fellowship award on former President Goodluck Jonathan; Speaker, House of Representatives, Dr. Tajudeen Abbas; and, Niger State Governor, Muhammed Bago.

    The award was conferred on Wednesday on them, in Abuja during the institute’s 65th Gala Anniversary celebration.

    Speaking at the ceremony, NIA president, Mrs. Mobolaji Adeniyi, who is the 30th president of the institute, said their selection reflects a collective appreciation for their exceptional contributions to the advancement of architecture, national infrastructure, and sustainable urban development in Nigeria.

    Adeniyi, the second female president of the institute said, NIA will continue to recognize more individuals who are contributing immensely to architecture and livable cities in the country.

    According to her, under Jonathan’s presidency, his government launched ‘transformation agenda’, which brought remarkable infrastructural projects to life and enhance the nation’s urban space.

    “During his presidency from 2010 to 2015, he launched the transformation agenda, which brought remarkable infrastructural projects to life. 

    “Under his leadership, Nigeria witnessed the completion of the Abuja-Kaduna railway, extensive airport modernisation programs in Enugu and Abuja, and the execution of the Second Niger Bridge. 

    “These projects created a landscape in which architects could contribute meaningfully to national development. 

    “His administration promoted professional participation in the public sector, encouraged indigenous content in construction, and championed urban and regional development as tools for national integration.

    “His vice, Namadi Sambo, an architect and fellow of the NIA, was pivotal to landmark infrastructure.

    “Prominent architects like Arc Mike Onolememen who served as Minister of Works, and Arc Reuben Okoya, former Director of Public Buildings at the FCDA, worked on landmark initiatives during Jonathan’s tenure. 

    “His presidency provided architectural professionals with the opportunity to play central roles in shaping Nigeria’s infrastructure and reaffirmed his understanding of the value of the built environment.

    For the Speaker, Adeniyi said he has demonstrated undeniable commitment to the growth of built sector through robust legislation.

    “Speaker Abass has demonstrated a profound commitment to the Nigerian built environment by supporting legislative collaboration with the Nigerian Institute of Architects. 

    “Under his leadership, the House Committee on Disability Matters partnered with NIA and TAF Africa to pursue the enforcement of the Disability Act, ensuring that public buildings are accessible and inclusive. 

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    “His support has been instrumental in promoting architectural input into legislative processes, particularly regarding accessibility, planning, and building control. 

    “The Speaker’s encouragement of architects’ involvement in national planning dialogues has reinforced the critical role of the profession in shaping a more inclusive and functional Nigeria.”

    NIA said Gov. Bago wón the award following his government’s impressive urban renewal projects in the state, making Niger to become small London.

    ‘Governor Bago has redefined urban governance in Niger State since taking office in 2023. 

    “His administration has actively pursued urban renewal, expanded infrastructure, and embraced inclusive planning approaches. 

    “With architects leading his transformation agenda, the built environment in the state has undergone significant improvement.

    “The collaboration between his administration and the NIA, through the Niger State Chapter led by Arc Usman Aliyu Yarima, has resulted in the development of public spaces, government buildings, and road networks that showcase architectural input. 

    “The Governor promptly approved land for the NIA State Secretariat and consistently consulted with professionals on urban and rural development projects. 

    “The institute recognised his commitment in December 2023 with a special award for his support for architecture. He has also employed architects in all relevant departments and agencies of Government. 

    Adeniyi added that the honourees embody the principles of the NIA’s UNITE Agenda, which seeks to promote unity, non-negotiable integrity, inclusivity, total integration, and empowerment. 

    According to her, their actions have fostered collaboration between architects and government, upheld ethical values in public leadership, and promoted inclusive development strategies, as each has created space for architects to lead, contribute, and innovate in their respective spheres.

    “Dr. Jonathan’s national infrastructure vision, Speaker Abass’s legislative backing of inclusive architecture, and Governor Bago’s integration of architectural principles in state governance form a powerful trio of influence. 

    “Their transformative impact has enriched architectural practice and underscored its relevance in shaping communities and improving lives.

    “The Honorary Fellowship bestowed upon them by the NIA affirms the Institute’s appreciation for leadership that places architecture at the core of development. 

    “It celebrates their lasting contributions to the profession and fosters further collaboration between architects and policymakers,” the NIA president said.

  • Lifecard group offers Nigerians home ownership with 40 percent down payment

    Lifecard group offers Nigerians home ownership with 40 percent down payment

    Real estate company Lifecard Group is pioneering a life-transforming model of home ownership for Nigerians by funding construction of its homes with its capital while buyers pay the 60 percent balance when the home is fully ready. 

    The unprecedented initiative by Lifecard is targeted at eliminating all the hurdles associated with home ownership under the off-plan, which is seldom bedevilled with uncertainties, such as broken promises from parties. 

    Lifecard Group continues its landmark innovation in the business of providing quality and affordable housing to Nigerian, by offering this freshly-minted wildcard to customers, setting a new standard of transparency and unrepentantly maintaining its client-first approach, onboarding first-of-its-kind revolution in the sector in Nigeria. 

    “At Lifecard, our goal isn’t just to build homes, it’s to build trust and financial freedom,” a spokesperson of Lifecard said. 

    “We understand the pressure many people face with real estate payments, so we take the risk off our clients and deliver homes before asking for full payment.” 

    However, Lifecard remains the go-to real estate merchant for clients who hold sentiments for off-plan model. The company underscored the value of off-plan investments when done right, highlighting that it allows customers secure properties at lower prices before full development; benefit from capital appreciation as the estate develops;

    spread payments over time and making homeownership more accessible. 

    But as a responsible real estate firm, Lifecard also spotlights the challenging sides of off-plan investment which include delayed construction timelines, unfinished or poor-quality delivery and financial loss if developers default. 

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    In the midst of varying options to customers on which model of ownership to jump on, Lifecard’s Eden Court Estate is a monumental proof of off-plan success story when managed with integrity. With a flexible five percent booking fee, Eden Court has successfully settled 20 families into their new homes, with many more families jostling for slots. 

    “Eden Court shows what’s possible when off-plan is done right—transparently, professionally, and with the customer at the center,” the spokesperson added. 

    In any case, Lifecard guarantees home without pressure and ownership without fear. Whether through its capital-funded developments or well-structured off-plan projects like Eden Court, Lifecard is on a mission to help everyday Nigerians own their own homes devoid of fear, unnecessary pressure, and financial strain. 

    By prioritising trust, affordability, and delivery at the core of its operations, Lifecard is not just selling real estate; it is restoring faith in homeownership in Nigeria.

  • ‘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.

  • Novarick, Finebricks, Thesaurus Gardens to fast-track real estate development in Ibadan

    Novarick, Finebricks, Thesaurus Gardens to fast-track real estate development in Ibadan

    Novarick Homes, Finebricks Investments Limited, and Thesaurus Gardens Limited have entered into a strategic partnership to accelerate project delivery and enhance value for investors and homebuyers.

    The collaboration, which was officially sealed on Thursday, March 20, marked a shift from the conventional approach to real estate development, as the three firms combine resources and expertise to fast-track housing projects while maintaining high-quality standards. Industry experts say this model of partnership could redefine how real estate firms operate in a competitive market, fostering efficiency and reducing project turnaround times.

    As part of this initiative, the first project under the partnership, Noblesville, will see the development of 180 residential units adjacent to Lead City University in Ibadan.

    Designed to serve as student accommodation and short-let apartments, the project is expected to meet the growing demand for quality housing in the city.

    Speaking on the significance of the partnership, Managing Director of Novarick Homes, Noah Ibrahim, described it as a step towards a more efficient and impactful real estate sector.

    “Real estate development in Nigeria often faces delays due to funding constraints, regulatory challenges, and operational bottlenecks. By coming together, we are addressing these issues head-on, ensuring that projects are completed faster and with better value for investors and end-users,” he said.

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    Mobolaji Olasode, Managing Director of Thesaurus Gardens Limited, said the partnership represents a shift towards collaboration in an industry that has largely been defined by competition.

    “This is not just about building houses; it is about creating a new way of working—one that maximizes efficiency and benefits both developers and buyers. Noblesville is only the first of many projects we will be delivering together,” he stated.

    Oladeji Adeoye, Managing Director of Finebricks Investments Limited, noted that the real estate market in Nigeria requires innovative approaches to unlock its full potential.

    “Housing demand continues to rise, but we cannot keep using the same methods and expect different results. Through this partnership, we are adopting a model that ensures timely delivery, affordability, and sustainability,” he remarked.

    Beyond the Noblesville project, Novarick Homes is expanding its presence in Ibadan with Ayomide Estate, further reinforcing its commitment to the city’s real estate growth. Industry observers say the firm’s expansion, combined with this new partnership, signals increasing investor confidence in Ibadan’s property market, particularly as the city continues to attract residents and businesses seeking alternatives to Lagos.

    With rising housing demand and a need for more structured real estate investments, industry analysts predict that such collaborations could become the blueprint for large-scale property developments in Nigeria. As the real estate sector evolves, the success of partnerships like this could pave the way for more efficient and investor-friendly housing solutions across the country.

  • Research blends care, culture, climate, proffers healing for home, environment

    Research blends care, culture, climate, proffers healing for home, environment

    In a time when global communities are grappling with mounting mental health challenges, educational disparities, and environmental concerns, a collection of impactful research studies led by Mercy Sulaiman from the University of New Hampshire USA, is offering practical and culturally grounded solutions with international relevance.

    Drawing from three empirical studies, developmental psychologist and mental health advocate Mercy Sulaiman presents findings that bridge child psychology, parenting practices, and environmental awareness, with relevance both in the United States and in Nigeria.

    In her study titled Parenting Styles and ADHD: Addressing Research Gaps in Developmental Psychology Within the USA, Sulaiman investigates how different parenting approaches influence emotional and behavioral outcomes in children diagnosed with ADHD. The findings reveal that authoritative parenting—marked by emotional warmth, consistent structure, and appropriate discipline—is most effective in supporting children with attention and hyperactivity challenges.

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    What distinguishes this research is its cultural depth: it emphasizes the need for family-centered interventions that are not only developmentally sound but also culturally sensitive. In a context like Nigeria, where extended family networks play a major role in caregiving, the study opens up avenues for adapting these strategies in non-Western households. Importantly, the research critiques the overreliance on pharmacological treatments by proposing responsive parenting as a critical, non-invasive alternative.

    In a second study, Exploring the Impact of Book-Sharing Practices on Managing ADHD Symptoms Among First-Grade Children in the USA, Sulaiman explores how narrative engagement during parent-child book sharing can support emotional regulation and cognitive development. The research shows that book-sharing, especially when interactive, fosters better attention and self-regulation in young children with ADHD.

    This insight is especially relevant for educators, therapists, and parents seeking affordable, non-medical tools to support early childhood mental health. For Nigeria, where formal interventions are often under-resourced, the findings advocate for integrating literacy-focused interventions in both school and home settings as part of mental health support systems.

    Moving from homes to habitats, Sulaiman’s third article—Public Awareness and Participation in E-Waste Management—examines the role of community education in improving sustainable electronic waste practices. Though conducted in the United States, the findings carry urgent relevance for Nigeria, where the influx of secondhand electronics and informal recycling poses serious environmental and public health hazards.

    Sulaiman’s work underscores that increasing public awareness is pivotal to reversing harmful e-waste trends. In Nigeria, replicating such models could involve local government partnerships with NGOs, the establishment of regulated collection centers, and environmental education integrated into school curricula. Such steps would foster civic responsibility, reduce pollution, and safeguard vulnerable communities, especially children, from toxic exposure.

    Together, these three studies show that science and service need not be separate. Whether addressing emotional health through responsive parenting or safeguarding the environment through public education, Sulaiman’s work brings research down to earth—into schools, homes, and communities.

    Her research underscores a powerful truth: the path to resilience—both human and ecological—begins with empathy, education, and collective action.

  • Housing backbone of economic development

    Housing backbone of economic development

    Managing Director and Chief Executive Officer, UPDC Plc, Odunayo Ojo, has described housing as not just a social imperative but a “critical cornerstone of economic development,” stressing that Nigeria must treat affordable housing as a national priority.

    Ojo made a strong case for real estate as a national economic driver, unveiling a renewed strategy anchored on middle-income housing, institutional resilience, and diversified revenue streams. 

    At a briefing in Lagos, the company’s leadership shared key milestones in its transformation journey, including a return to profitability, the resumption of dividend payments after nearly a decade, and an expanding footprint across the real estate value chain.

    “There’s a huge housing gap in this country. Depending on who you quote, whether it’s 28 million units or 22 million units, it’s still a huge number. And UPDC is doing its own part in plugging that gap one project at a time,” Ojo said. 

    “Because in any developed economy, housing is a critical cornerstone of economic development. And Nigeria cannot be an exception.”

    Long known for its premium developments in Ikoyi, Victoria Island, and Maitama, UPDC, Ojo stated, is pivoting to the middle-income market where housing needs are more acute. 

    “Originally, we used to do a lot of projects in the Ikoyi, Maitama in Abuja, Victoria Island. But these days we realize that where the critical mass is, is in the middle-income housing,” he explained.

    This shift, he said, is reflected in projects like The Hampshire in Sangotedo and Brompton City along Ogombo Road designed with affordability, sustainability and modern lifestyles in mind. 

    According to the company’s Head of Development, Olatunde Jagun, The Hampshire has been fully delivered, featuring 62 fully serviced plots across various density categories. 

    Phase one of Brompton City, a 300,000 square metre estate, is sold out, with phases two and three in the design and planning stage.

    Speaking on Brompton City, Jagun added, “We expect to break ground probably on the second half of this year. And expect also to deliver that by the end of next year, which is 2026, is expected to deliver.”

    He explained the projects integrate solar-powered infrastructure, recreational spaces, and commercial zones as part of UPDC’s broader push to align with global sustainability standards. 

    “We’re not saying we’re not connecting to the grid, but in support of sustainability target goals, we have introduced solar panels,” Jagun remarked. 

    Ojo credited the company’s workforce, customers, and institutional backing for helping it weather multiple economic cycles, including the global financial crisis, the pandemic, and macroeconomic shocks from recent currency reforms. Despite industry-wide challenges such as inflation, currency volatility, and interest rates surpassing 30 per cent, the CEO said the company is managing risk through local sourcing, advance procurement, and use of equity financing. 

    He revealed the company is also rethinking product design to meet the lifestyle preferences of young professionals, including smaller, smarter homes built in secondary locations with existing infrastructure, noting: “The younger generation don’t care about big space; they want smart, functional homes with amenities like a gym or a café downstairs.”

    On rent-to-own schemes, Ojo acknowledged UPDC’s early adoption but pointed to legal bottlenecks, stating: “Rent-to-own is something that we’ve tried before but our foreclosure laws make it very difficult to get vacant possession. We’ve had cases go for 10 years or more.

    “So while we see it as a very good initiative, I think there’s a little bit more to be done in terms of our enforcement of our foreclosure laws to make that particular product bankable.”

  • Poshfield hosts game changers summit with wealth, real estate conversations

    Poshfield hosts game changers summit with wealth, real estate conversations

    A new wave of conversations around wealth creation and real estate innovation is set to sweep through Lagos as Poshfield, a visionary real estate development firm, hosts the Game Changer Summit 2025.

    The summit, scheduled to hold on May 3rd and 4th, 2025, at Radisson Blu, Ikeja, is attracting high-level thought leaders and business influencers across finance, investment, and property development.

    According to the organisers, the event is designed to offer attendees key insights into real estate trends, smart investing, and how to build sustainable wealth in Nigeria’s current economic climate.

    Speakers at the event include Olumide Emmanuel, CEO of Common Sense Group; Ajilore Francis, CEO of Poshfield; Ugodre Obi-Chukwu, Founder and CEO of Nairametrics; and Hiren Naker, CEO of Legacy Investments(UK and UAE).

    In a unique twist, Poshfield will also be hosting a site tour of some of its executed and ongoing projects, showcasing the company’s commitment to innovative and functional real estate development. This tour will provide attendees with a firsthand look at Poshfield’s approach to making luxury living accessible.

    In a statement, Poshfield described the summit as “a platform for transformational dialogue and empowerment,” noting that the firm has carved a niche for itself through innovative co-ownership housing concepts and smart, functional projects aimed at making luxury living accessible.

    Ajilore Francis, CEO of Poshfield, emphasized the company’s commitment to “transforming lives through accessible and affordable luxury,” adding that the summit reflects their drive to empower more Nigerians with knowledge and tools for long-term wealth.

    The two-day event is expected to feature panel discussions, keynote speeches, and networking sessions that bring together professionals, investors, and aspiring homeowners looking to navigate today’s challenging economic terrain.

  • Developer unveils innovative investment, merges real estate with agriculture

    Developer unveils innovative investment, merges real estate with agriculture

    A firm, FarmCity Estate by Kopitar Ltd, has introduced a groundbreaking investment model that merges real estate with agriculture, offering landowners the opportunity to earn income while their land appreciates in value—even before construction begins.

    According to the Chief Executive Officer, Anderson Idoko, the initiative connects land buyers with vetted, trusted farmers who cultivate the land until the owners are ready to build. 

    This model not only boosts productivity but also ensures that investors earn passive income from farming activities while benefiting from natural land value appreciation.

    “This is a new era of land investment,” Idoko said in a statement. “We’re redefining land banking by integrating sustainable agriculture. Our model offers dual benefits—annual income from farming and long-term property appreciation.”

    He explained that subscribers to FarmCity Estate receive yearly returns from farm produce without any personal involvement, making them passive agro-investors. 

    The initiative is currently active in Karshi and Gwagwalada, two fast-developing locations near Abuja with strong potential for future land value growth.

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    Ideal for land banking, the model caters to individuals not immediately ready to build but who wish to profit from their investment in the meantime. 

    Beyond financial gains, FarmCity empowers local farmers by providing access to land and resources, thereby promoting job creation and food security.

    Idoko also assured buyers of fully transparent transactions, complete with land titles, proper documentation, and optional escrow services to boost buyer confidence.

    “FarmCity Estate is not just about owning land—it’s about activating it for growth, sustainability, and national development,” he added.

  • 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