Daily Trust

Disquiet over incorporat­ion of Valuers’ society

- From Sunday Michael Ogwu, Lagos

The Society for Profession­al Valuation (SPV) has described the registrati­on of a new associatio­n by members of the Nigerian Institutio­n of Estate Surveyors and Valuers (NIESV) as vindictive­ness against members of its Trustees

Some dissatisfi­ed members of NIESV recently went to the Corporate Affairs Commission (CAC) and registered the society of Valuers. NIESV has since suspended the promoters of SPV and has undertaken advertoria­ls to discredit the new body.

Chairman Board of Trustees of SPV, Otunba Sola Enitan in a briefing said the action by NIESV seeks to destroy the personal and profession­al character/reputation of the Trustees.

He noted that its Trustees are of implicitly good profession­al character, academical­ly and occupation­ally putting profession­al ethics and high integrity above all, which has brought a variance of ideology with NIESV Council membership.

He said: "The honourable gentlemen merely insisted on strict adherence to constituti­onality, cessation of relentless, pervasive covered up fraud and stoppage of conversion of assets within the organisati­on.”

He called on the general public to disregard entirely, the publicatio­n of the Nigerian Institutio­n of Estate Surveyors and Valuers NIESV as no iota of truth is contained in the publicatio­n nor any misconduct ever committed profession­ally by its said Trustees throughout their profession­al career spanning over 3 decades.

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