The Chairman, National Salaries Incomes and Wages Commission (NSIWC), Major General Junaidu Bindawa (Rtd) says the Real Estate profession, especially, valuation is no longer a transactional service but a necessary infrastructure for economic development and an investment decision-making tool.
He emphasised that estate surveyors and valuers are the only professionals empowered by law to ascertain the value of land and landed property and by implication, it is a mandate that requires estate surveyors and valuers to be versatile in the areas of finance, governance and development.
Major General Bindawa stated this when he delivered a keynote address at the 50th Anniversary of Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON), tagged, 2026 Valuers Assembly, with the theme: ‘’Expanding the frontiers of Valuation: Positioning Estate Surveyors and Valuers as Strategic Partners in National Development.’’
The NSIWC boss challenged the Estate Surveyors and Valuers on their co-competencies which included, evolving frontiers of valuation, the gaps in national development where they must assert themselves, and strategic repositioning required of the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON), the Nigerian Institute of Estate Surveyors and Valuers (NIESV) and indeed the entire practitioners.
‘’Without credible valuation, capital will not flow, without capital, development will not take place. Therefore, you are not peripheral in the development architecture of the Nigerian project, you are key, unless you refuse to take proper position’’ he emphasized.
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