Valuers to unfold report on new Lagos land use charge

Plan resource centre, hold estate week
Amid controversy still raging on taxation matters in the metropolis, the Nigerian Institution of Estate Surveyors and Valuers (NIESV), has moved to submit a comprehensive technical report to the government that seeks review of the Lagos Land Use Charge (LUC).

Chairman of the Lagos State branch, Rogba Orimolade who spoke during a media chat to herald this year’s Estate Surveyors and Valuers week, said that the report would capture the key foundations of the law and suggestions on how to make it better.

The institution also commended the government for commissioning estate surveyors to carry out enumeration and valuation of all real estate assets in Lagos.

He disclosed that the body plans to commission its remodeled Branch Secretariat, which consists of a resource center and E-Library this week.

The resource centre that has been created is an 11-seater classroom designed to have the most current equipment and devices for organized master classes/trainings workshops. Orimolade said: “The main vision for the centre is to focus on trainings in key areas in the real estate industry, especially in the estate surveying and valuation profession.

“This resource centre, we believe, would be one of the tools that should help improve the professional skill set of our members and the public at large, through the various trainings and master classes, which would be taking place there.

Similarly, an E-library has been created in the same secretariat. “The plan is to have computer systems with unlimited internet access for members mainly for the purpose of research. Three of the most popular real estate research sites would be subscribed to by the branch for members and students to have key access. There would also be lots of books and educative reading materials.”

“The world has turned out to be a global village. For the average Nigerian to remain competitive with our peers all over the world, we have to be well trained and updated on the new trends in education and technology. The trainings would be geared towards capacity development to improve our competitive edge,” he said.