Estate surveyors reject Fashola’s monthly house rent proposal
The Nigerian Institution of estate Surveyors and Valuers have rejected the monthly house rent proposal for the Minister of Works and Housing, Babatunde Fashola.
NIESV President, Emmanuel Wike, said in a statement in Abuja on Sunday that although the institution would meet the Minister on the matter, surveyors viewed Fashola’s position on monthly rent differently.
About two weeks ago, Fashola identified exorbitant amounts of rents, ranging from one to three years, demanded by landlords and property owners before they let out their properties as the major cause of housing challenges in Nigeria.
The Minister also dismissed the 17 million housing deficit figure being brandished in Nigeria, stressing that the claim had no scientific proof.
Fashola then proposed monthly rent by property owners in order to make houses affordable homes for Nigerians in urban centres.
Reacting to this, Wike said, “As a major stakeholder in the housing sector, The Nigerian Institution for Estate Surveyors and Valuers view the suggestion of the minister from a different perspective.
