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FG Tasks ESVARBON on Effective, Affordable Housing Operations

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ESVARBON

By Adedapo Adesanya

The federal government has tasked the newly inaugurated Estate Surveyors and Valuers’ Registration Board of Nigeria (ESVARBON) to carry out effective and affordable housing operations that help alleviate the issue in the country.

The Minister of Housing and Urban Development, Mr Ahmed Dangiwa, disclosed this on Tuesday while inaugurating the 22-member professional body in Abuja.

He said that it was necessary due to the expiration of terms of several of the board members, which has led to a shortage of active members.

He said that the board had been unable to meet the quorum of 11 members required by the Estate Surveyors and Valuers Registration Act.

According to him, although a new chairman was appointed after the former chairman’s term ended on March 17, the terms of 15 other members have also expired, further contributing to its to function effectively.

“There are five appointees from five states, four from four institutions, three on the minister’s representation, and two from the Institute of Estate Surveyors and Valuers, while the nomination from Oyo State is being awaited.

“It is important to note that the board is an essential organ charged with the duty of overseeing the profession of estate surveying and valuation in Nigeria.

“President Bola Tinubu has mandated the Federal Ministry of Housing and Urban Development to transform the housing sector for the actualisation of the Renewed Hope Agenda.

“Therefore, all agencies, institutions, and parastatals under the ministry must be alive to their responsibilities and work hard towards achieving the objectives for which they were set up,’’ he said.

Mr Dangiwa also said that estate surveyors and valuers played an important role in the successful delivery of affordable housing across Nigeria.

He noted that their professional expertise ensured that land and property valuations were accurate and reflected fair market values crucial for facilitating cost-effective housing solutions.

“Furthermore, estate surveyors contribute significantly to urban planning and development.

“They help to ensure that housing projects are well-structured, financially viable, and sustainable. By working closely with developers, they help to optimise resources, making housing more affordable for Nigerians.

“In addition to their role in housing delivery, estate surveyors are critical in preventing building collapses, which this ministry aims to address.

“They do that by ensuring that property inspections and assessments are thorough and in accordance with professional standards,’’ he said.

The minister urged the ESVARBON board to focus on its mandates which include determining who qualifies as estate surveyors and valuers.

He said that the mandate also included establishing the required standards of knowledge and skill for those seeking registration, and maintaining a register of qualified persons and publishing the list periodically.

He added that ESVARBON was tasked with regulating and controlling the practice of estate surveying and valuation, and performing other functions as conferred by the Act.

He, therefore, charged the board to promote excellence in estate surveying and valuation, uphold the integrity of the profession, foster collaboration and knowledge sharing and advance the interests of members and the public.

On his part, the chairman of the board, Mr Dosu Fatokun, said that with its reconstitution, ESVARBON would continue its vital role of regulating and controlling the practice of the profession to ensure integrity, professionalism and transparency.

“I assure the minister that under my watch, ESVARBON will live up to the expectation of the Federal Government and the public in general,’’ he said.

He said the board would strengthen its regulatory framework, promote innovation, technology and professionalism, folster collaboration, and contribute to the renewed hope housing agenda.

He requested that members of the board should be appointed as facility managers to professionally handle the post-development issues relating to housing estates and cities.

“These include disposal by sale, lease or balloting as well as establishing a facility management model for the new stock of infrastructure.

“A usual derogatory refrain is that Nigeria lacks maintenance culture. The nation’s sizeable public infrastructure is under the Federal Ministry of Housing and Urban Development.

“The board offers to partner with the ministry and other built environment professionals to fashion out appropriate maintenance model to improve our infrastructure repairs and upkeep culture in the country.’’

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Tinubu in UAE for 2025 Abu Dhabi Sustainability Week

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Bola Tinubu 2027 presidential election

By Modupe Gbadeyanka

President Bola Tinubu on Saturday, January 11, 2025, left the shores of Nigeria for the United Arab Emirates to take part in the 2025 Abu Dhabi Sustainability Week (ADSW 2025).

He was accompanied by the Minister of Foreign Affairs, Mr Yusuf Tuggar, and other senior government officials.

A statement issued by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed that Mr Tinubu was invited for the event by his UAE counterpart, Mr Mohamed bin Zayed Al Nahyan.

He will attend the programme starting from today, Sunday, January 12 to Saturday, January 18, 2025.

However, President Tinubu is expected to return to Nigeria before the end of the summit on Thursday, January 16, 2025.

The event, themed The Nexus of Next; Supercharging Sustainable Progress, is expected to bring together global leaders to accelerate sustainable development and advance socioeconomic progress.

In addition, it will enable policymakers, business, and civil society leaders to explore pathways to fast-track the transformation to a sustainable economy and evolve a new era of prosperity for all.

ADSW, a testament to the power of collaboration, has been held annually for over 15 years. It provides a global platform to foster multi-stakeholder cooperation in addressing global challenges and accelerating growth.

It has birthed high-value agreements and strategic partnerships between governments, industry leaders, and clean energy pioneers worldwide, driving impactful alliances and advancing the sustainability agenda worldwide.

At the event, President Tinubu will stress his administration’s reforms, including those related to energy sufficiency, transportation, public health, and economic development.

The Nigerian leader and his entourage will also meet with the emirate’s leadership to discuss issues of interest affecting the two nations.

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Lagos Speaker Mudashiru Obasa Faces Renewed Scrutiny Over Financial Mismanagement

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mudashiru obasa

By Dipo Olowookere

The Speaker of the Lagos State House of ​Assembly, Mr Mudashiru Obasa, remains at the centre of a storm of corruption allegations that have plagued his tenure.

Critics, anti-corruption groups, and opposition leaders have accused him of financial mismanagement, extravagant spending, and abuse of office, yet no substantive action has been taken against him.

Recent reports by People’s Gazette revealed that the 40-member Lagos State House of Assembly, under Mr Obasa’s leadership, spent over N43 billion on “back-up vehicles for honourable members” between January 2023 and the third quarter of 2024.

This expenditure, part of a larger N90.5 billion disbursed for questionable projects, has raised concerns among Lagos residents about the state’s priorities amid widespread economic hardship.

Budget documents showed the Assembly spent about N30.1 billion on vehicles in 2023 and about N13.3 billion in the first three quarters of 2024. Critics argued that these sums, which equate to roughly N1.1 billion per lawmaker, were frivolous.

Mr Obasa has faced allegations of corruptions since early in his tenure, including reports of owning over 60 bank accounts used to misappropriate public funds. In 2019, People’s Gazette reported that the lawmaker conducted suspicious foreign exchange transactions totaling $2.4 million (N1.1 billion). These funds were allegedly funneled through personal accounts and mutual fund investments.

In October 2020, the Economic and Financial Crimes Commission (EFCC) invited the Speaker for questioning over allegations of fraud. Despite evidence of financial impropriety, including allegations of inflated contracts and misappropriated Assembly funds, the EFCC has yet to take decisive action. Protests led by civil society groups like the Civil Society Network Against Corruption (CISNAC) demanding accountability have yielded little progress.

Mr Obasa has consistently denied these allegations. Speaking at a recent plenary, he dismissed claims of spending N17 billion on constructing a gate as “spurious and funny.”

He also refuted allegations of spending N200 million on a nonexistent thanksgiving service, attributing the accusations to political fear-mongering ahead of the 2027 elections.

However, critics have dismissed these defenses as self-serving. A 2020 House panel, composed of Mr Obasa’s allies, cleared him of wrongdoing—a decision labeled a “kangaroo judgment” by anti-corruption advocates.

Prominent anti-corruption campaigner, Mr Olanrewaju Suraju, has urged the EFCC to act on the mounting evidence against Mr Obasa, warning that his actions undermine legislative independence and public trust.

“These revelations justify the urgent need for mechanisms to enforce probity and accountability in public office,” Mr Suraju said.

Despite the scandals, Mr Obasa appears unperturbed and untouchable, with analysts attributing his survival to political connections and an entrenched culture of impunity.

As Lagos State prepares for the 2027 elections, the Speaker’s continued tenure symbolizes a broader challenge of corruption and governance in Nigeria’s political landscape.

Observers now await further developments as pressure mounts on anti-graft agencies to act decisively.

For Lagos residents, however, the scandals highlight a troubling disconnect between political leadership and the needs of the people.

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Nigeria Suffers First National Grid Collapse of 2025

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By Modupe Gbadeyanka

Residents of Nigeria experienced a power outage on Saturday, January 11, 2025, after the national grid collapsed.

It was the first that occurred this year and it happened at about 3 pm today, according to information gathered by Business Post.

Last year, the nation recorded about 12 grid collapse that almost embarrassed the government, which later set up a team to look into the causes of the frequent collapse of the grid.

It was later that today’s incident occurred after power generation went down from 2,111.01 megawatts at 2:00 pm to about 390.20 megawatts by 4:55 pm.

This development caused a cut in power supply in most parts of the country, but the situation has been brought under control, with electricity restored in most affected areas.

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