Valuers urge government to prioritise housing, guarantee homeownership

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Homeownership,Housing,Mr Gbenga Lsmail

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) Lagos branch has advised Federal Government to prioritise housing provision

The Nigerian Institution of Estate Surveyors and Valuers Lagos branch has advised Federal Government to prioritise housing provision and formulate a policy that would guarantee access to shelter.

Ismail said: “The housing deficit before now was indeed in figures unimaginable and demand on the other hand shows no respite. Today, the deficit though unproven will not be less than 20 million. The minimum cost of finishing a 150-square bungalow is not less than N30 million and access to a basic mortgage facility will only allow N15 million. The homeownership equation seems a puzzle that mathematicians will resolve.

NIESV President, Mr Victor Alonge, tasked fellows on the importance of maintaining an open-door policy and the significance of robust council meetings to grow the profession. A Federal High Court sitting in Calabar, Cross River State, has sentenced a 32-year-old man, Prince Joseph Ekpo, to six years imprisonment

 

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