One of the biggest challenges of NIESV
and ESVARBON is combatting rampant housing fraud and distancing themselves from scammers--a regular aspect of life in Nigeria.
Consequently, while valuation remains an exclusive area of practice for licensed members only; other aspects of the profession, specifically real estate agency can be impliedly performed by other individuals and professionals who are not regulated by both the NIESV and ESVARBON and as such not bounded by their Code of Professional Ethics and Conduct.
The choice of the study area is due to the fact that over 50% of real estate consultancy firms in Nigeria have their head offices located within the metropolis (NIESV, 2009).
Although, the Nigerian Institution of Estate Surveyors and Valuers (NIESV 2003) through its Professional Practice Committee, has the power to take appropriate disciplinary action against erring members, majority of practitioners are still not truly committed to the course of the profession, through compliance with the institution 1985 Guidance Notes on Property Valuation.
NIESV (2003) Directory of Estate Surveyors and Valuers, Nigerian Institution of Estate Surveyors and Valuers, Lagos.
NIESV (Nigerian Institution of Estate Surveyors and Valuers).
NIESV (1994-2003) Directories of Members, NIESV Lagos.
According to Akinwunmi, It was this discovery and determination to expand the group's professional horizon that led NIESV to create 15 faculties that are new areas in the profession.
On the business angle of intellectual property and how one's thoughts can translate into economic value, the former NIESV's spokesman was of the view that one's thought is a solution to somebody's problem.
The call was made in Bauchi yesterday by the National President of the Nigerian Institution Estate Valuers (NIESV
), ESV Rowland Enyinna Abonta in an interview with Journalists during its 2nd National Council meeting held at the Command Guest House.
Other members of the tribunal include President of the Nigerian Institution of Estate Surveyors and Valuer (NIESV
), Rowland Abonta, Messrs Peter Ozili, Victor Alonge, Olurotimi Onabanjo and Joachin Onyike, an Associate Professor.
This point was aptly captured by the Nigerian Institution of Estate Surveyors and Valuers (NIESV
) in its reaction to the new law.