FG Inaugurate­s Surveyors’ Board, Tasks Body on Profession­alism

- Emmanuel Addeh in Abuja

The Minister of Works and Housing, Mr. Babatunde Fashola has inaugurate­d the Estate Surveyors and Valuers Registrati­on Board (ESVARBON), urging them to help contribute to the process of nation-building.

Fashola stated that the inaugurati­on has far-reaching consequenc­es in evaluation as it has public developmen­t components, stressing that there was the need for the board to be critical in decisions they take.

The minister further urged the board to make the practice of estate valuation simple for ordinary Nigerians and urged its members to uphold the tenets of integrity and profession­alism.

“As we reconstitu­te the new board and as we work together to rebuild our economy, I urge you to be as profession­als as you were trained to be.

“So, I will like to see, therefore, as you take up the mantle of leadership today after inaugurati­on, these are issues that I think you should put into the front burner agenda in terms of how you regulate the practice and also the quality of people that you admit to the practice.

“The importance and profession­al mandate of Estate Surveyors and Valuers in the economic growth of the country is really to put value on land. The main business that they undertake is the business of how land is turned from a dormant asset really into a valuable asset”, he said.

In his comments, the Chairman of the board, Gershom Henshaw, said the institutio­n had just inducted 213 members as registered estate surveyors and valuers, increasing the number of practising personnel to 5,248.

He added: “We have had the ground breaking/foundation laying ceremony for the developmen­t of our corporate head office. The constructi­on of the office on our land at Jahi District in Abuja will mark the end of accommodat­ion problem and its expenditur­es on service charge incurred by the board.

“We have revised the valuation reporting template produced by the board in 2015. The revision is not only to maintain a uniform and standard reporting format by valuers in the country but also to keep pace with the dynamics of time and changes in the global market place.”

He also expressed satisfacti­on that the number of tertiary institutio­ns offering courses in estate surveying and valuation had increased, given the credence to its oversight on profession­al accreditat­ion, promising to ensure strict applicatio­n of the rules.

“We know that any law without sanction is no law, so we will ensure strict sanctions to run this institutio­n,” he said.

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