Connect with us

General

FG Tasks ESVARBON on Effective, Affordable Housing Operations

Published

on

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.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

General

Navy Launches Operation Delta Sentinel to Achieve 2.5mb/d Oil Output

Published

on

Utapate crude oil blend

By Adedapo Adesanya

The Nigerian Navy has launched Operation Delta Sentinel, a new maritime security initiative designed to curb crude oil theft, secure critical oil assets and support the federal government’s ambition to ramp up crude production to 2.5 million barrels per day by 2027.

The operation, which replaces Operation Delta Sanity II, was formally unveiled at the Nigerian Navy Ship (NNS) Pathfinder Jetty in Port Harcourt, marking a renewed push to stabilise the Niger Delta and protect Nigeria’s oil-dependent economy.

Speaking at the launch, Commander Task Group 26.1, Operation Delta Sentinel, Rear Admiral Suleiman Ibrahim, said the initiative was aligned with the Federal Government’s drive to boost oil exploration and production under the Project 1 Million Barrels Per Day initiative of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

“The transformation from Operation Delta Sanity II to Operation Delta Sentinel is necessitated, among other considerations, by the Federal Government drive to increase oil exploration and production,” he said, adding that, “It is further anticipated that oil production would be about 2.5 million barrels per day by 2027.”

Rear Admiral Ibrahim, who is also the Flag Officer Commanding, Central Naval Command, said Operation Delta Sentinel would run for an initial one-year period, subject to 90-day renewable mandates, and would focus on denying criminal networks access to Nigeria’s maritime and oil infrastructure.

“Our objective is clear and unambiguous: to deny criminal elements freedom of action, protect critical national oil assets, support legitimate economic activities and contribute to enduring peace and stability in the Niger Delta,” he stated.

He explained that the operation would rely heavily on intelligence-driven missions, enhanced inter-agency collaboration and advanced surveillance tools, including Maritime Domain Awareness infrastructure, new maritime platforms, and manned and unmanned air assets.

“Our approach will be deliberate, innovative and technology-enabled. These capabilities will enable us to optimise asset utilisation, improve situational awareness and maintain a proactive operational posture,” he added.

The Navy said early indicators already show progress, noting that crude oil losses have dropped by about 90 per cent, from 102,900 barrels per day in 2021 to 9,600 barrels per day as of September 25.

Earlier, Flag Officer Commanding, Eastern Naval Command, Rear Admiral Chiedozie Okehie, highlighted the achievements of Operation Delta Sanity II, which was launched on December 30, 2024, to combat crude oil theft, illegal bunkering and pipeline vandalism.

“Operation Delta Sanity II lived up to expectations and made measurable contributions to national security and economic stability,” the Naval commander said.

According to him, between January 1 and December 31, 2025, the operation led to the arrest of 203 suspects, the deactivation of 324 illegal refining sites, and the seizure of stolen petroleum products valued at over N3.65 billion.

“An estimated 3.78 million litres of stolen crude oil, over 1.09 million litres of illegally refined AGO, 86,210 litres of PMS and 74,300 litres of kerosene were seized and appropriately handled,” he disclosed.

Rear Admiral Okehie added that the Navy’s operations, supported by collaboration with regulators, security agencies, oil industry stakeholders and host communities, contributed to a significant decline in crude oil losses, with NUPRC reporting the lowest loss levels since 2009 in September 2025.

With Operation Delta Sentinel now in force, the Navy said it is positioning itself as a key enabler of Nigeria’s oil production growth, investor confidence and long-term stability in the Niger Delta.

Continue Reading

General

NUPRC, NRS Seal Oil Revenue Alliance Under New Tax Laws

Published

on

NUPRC

By Adedapo Adesanya

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) have moved to formalise a closer working relationship under the country’s new tax regime to ensure that upstream oil and gas revenues get tighter oversight and improved collection.

The renewed revenue alliance was activated when the chief executive of NUPRC, Mrs Oritsemeyiwa Eyesan, paid a strategic visit to the chairman of NRS, Mr Zacch Adedeji, at the tax agency’s corporate headquarters in Abuja.

The engagement comes less than two weeks after new tax laws took effect on January 1, 2026, mandating deeper collaboration between sector regulators and revenue authorities in the collection of oil and gas proceeds accruing to the Federation.

Speaking during the meeting, Mrs Eyesan said the engagement was part of her post-assumption consultations aimed at aligning the upstream regulator with critical national revenue institutions.

“With the new tax laws now in force, it is important that NUPRC and NRS work in close coordination to ensure that oil and gas revenues due to the Federation are fully captured,” Mrs Eyesan said.

“Our mandate goes beyond regulation. It includes ensuring transparency, efficiency and accountability in revenue flows from upstream petroleum operations.”

She stressed that effective collaboration between both agencies would strengthen compliance, reduce leakages and support government revenue targets at a time of heightened fiscal pressure.

On his part, Mr Adedeji said the tax authority was committed to working with sector regulators to maximise revenue mobilisation under the evolving legal framework.

“The oil and gas sector remains critical to Nigeria’s revenue base, and collaboration with NUPRC is essential to meeting government revenue targets,” Mr Adedeji said.

“With clearer laws and better data-sharing between our institutions, we can significantly improve collection efficiency and enforcement.”

Both agencies agreed to deepen cooperation through information sharing and coordinated operational strategies, in line with the provisions of the new tax laws governing petroleum operations.

The meeting concluded with a shared resolve by NUPRC and NRS to prioritise national interest, tighten revenue assurance mechanisms and ensure that Nigeria derives maximum value from its upstream petroleum resources.

Continue Reading

General

Applications for Second Cohort of Moniepoint’s DreamDevs Initiative Open

Published

on

Moniepoint’s DreamDevs Initiative

By Modupe Gbadeyanka

To double down on Africa’s tech talent pipeline, the continent’s leading digital financial services provider, Moniepoint Incorporated, has opened applications for the second cohort of its flagship transformative programme, DreamDevs initiative.

A statement from the organisation disclosed that entries are expected to close on Tuesday, January 20, 2026, and should be submitted via dreamdevs.moniepoint.com.

Selection will be based on technical aptitude, learning potential, and alignment with Moniepoint’s values of innovation and excellence.

DreamDevs was created to bridge the tech talent gap in Africa by equipping recent graduates with industry-ready skills and real-world experience.

Each year, just 20 high-potential candidates are selected into an intensive bootcamp, with the strongest performers progressing into internship and full-time roles at Moniepoint.

Last year’s cohort delivered four hires – three interns and one full-time engineer – validating the programme’s role as a high-impact talent pipeline.

Targeting graduates from technology, computer science, engineering, and related fields with foundational programming knowledge in HTML, CSS, and JavaScript, DreamDevs offers a rigorous nine-week boot camp that immerses participants via hands-on training from leading software engineers. Standout performers will secure six-month internship placements at Moniepoint, with potential progression to full-time employment based on performance.

“The results from our first cohort validated our belief that with the right training and support, Africa’s young tech talent can compete globally.

“This year, we’re doubling down on our commitment by aiming to convert half of our participants into full-time employees. For us, DreamDevs is all about creating sustainable career pathways that drive Africa’s digital economy forward,” the co-founder and Chief Technology Officer at Moniepont, Mr Felix Ike, said.

“We’re proud to support the government’s vision of building three million technical talents while also creating direct employment opportunities through initiatives like DreamDevs. This multi-faceted approach ensures we’re contributing to national goals while simultaneously addressing our industry’s immediate talent needs.

“By investing in young people and providing them with practical experience, startup incubation support, and product development opportunities, we are not only creating high-impact jobs and driving sustainable economic growth across the continent,” he added.

Sharing his experience, a member of the first cohort and now a Backend Engineer at Moniepoint, Mr Victor Adepoju, said, “The organisation of the programme was top-notch. The training covered a wide range of topics and provided a solid foundation I could continue to build on.

“I learned a great deal about cloud technologies, particularly Google Cloud Platform. The program also emphasised valuable soft skills, including planning, organisation, and prioritisation, which have been very useful in my day-to-day work.”

DreamDevs aligns with Moniepoint’s broader vision of using technology to power the dreams of millions and engineer financial happiness across Africa. It complements the company’s existing talent development programs, including HatchDev – a collaboration with NITHub Unilag that produces 500 specialised developers annually across software engineering, intelligent systems, and IoT/embedded systems as well as its hugely popular, Women-in-Tech which is now in its fifth year. The initiative is also in tandem with the federal government’s 3 Million Technical Talent (3MTT) programme, for which Moniepoint serves as a key sponsor. While the 3MTT programme focuses on mass technical skills training across Nigeria, DreamDevs provides a specialised pathway that takes graduates from foundational training through to employment, creating a complete talent development ecosystem.

Continue Reading

Trending