Why Nigeria needs property data bank across state capitals – NIESV nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.
Vice President, Prof. Yemi Osinbajo has enumerated the achievements of this administration in infrastructure development.
He stressed that the infrastructure development were part of the efforts to lift 100 million Nigerians from poverty.
Osinbajo, who was represented by the Minister of State for Works and Housing, Mr. Abubakar Aliyu, spoke while delivering his keynote address at the Annual Conference of the Nigerian Institute of Estate Surveyors and Valuers (NIESV), which took place in Abuja.
According to him, some of the infrastructure included the commencement of the 156Km Lagos Ibadan rail service and the completion and commissioning of 327 km ItakpeâWarri Standard Gauge Rail after 33 years of abandonment by previous administrations.
By Adibe Emenyonu
The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on the federal government to pay attention to the high cost of building materials, if it truly desires to provide affordable housing for the low and medium income earners, the less privileged and vulnerable people of Nigeria.
The institution also noted that no single cause can be identified to explain Nigeria’s poor economic performance over the years than the power situation, pointing out that “it is a national shame that an economy of about 180 million has about 12,500MWT of installed capacity as at today, with about 3,000 to 5,000MWT being transmitted to the final consumers when South Africa with a population of about 58 million generates about 59,000MWT shows that we have a long way to go.”
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Published 26 April 2021
The Nigerian Institution of Estate Surveyors and Valuers, has called for the abrogation of the Land Use Act in Nigeria, saying over 90 per cent of lands in the country were yet to be registered.
The organisation also said the real estate remained one of the vital sectors that could revamp the economy and build it to better and valuable form.
The President of NIESV, Emmanuel Wike, raised the optimism at the unveiling of its 2020/2021 conference logo created for its 51st anniversary in Abuja.
He said, “We have been advocating for the abrogation of Land Use Act because we have been told that over 90 per cent of lands in Nigeria are not registered.
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