AN unprecedented scale of valuation jobs may have opened up for estate surveyors, after months of uncertainty that pervaded the property market, leading to slowing down of transactions and cut in the rental values in some highbrow areas of the country.

  The fresh job opportunities are being promoted by the Inter-Ministerial Committee on Disposal of Assets Forfeited to the government, a fall-out from the recommendations of the Presidential Audit Committee on recovery and management of stolen assets that called for proper coordination and disposal of assets.

   Specifically, in compliance with the provisions of the Public Procurement Act 2007, the Inter-Ministerial Committee on the disposal of forfeited assets have invited proposal for the valuation of forfeited assets to the Federal Government.

     Under the initiative, consulting estate surveyors and valuers are to be engaged in the valuation of landed properties; plants, machinery, motor vehicles, electronics, furniture and equipment; water vessels (canoes, boats, barges and ship); jewelry, ornaments and clothing materials.

  According to the committee, the services offered to the estate surveyors will ensure proper coordination and valuation of the government’s assets and promote a uniform, harmonised and transparent procedure for disposal of forfeited assets in line with the anti-corruption drive of the Buhari administration.

    The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has earlier commended the setting up of the committee as proceeds will be a source of additional revenue for the country and at this time that the revenue from crude oil is abysmally low.

      MEANWHILE, NIESV last week welcomed the invitation of their members to bid for the consultancy jobs under the exercise.

   NIESV president, Sir Emmanuel Wike commended the Federal Government for incorporating their requests into the proposed disposal of the forfeited assets.  “As a professional body, we are willing and ready to partner with the government through the committee in this assignment of national importance.

   “This is in line with our position that the assets in question must be enumerated and valued by professional estate surveyors and valuers to determine their current market values and to place same on the properties and other assets,” he said.

    The institution urged the committee to discharge its national assignment with utmost dignity, transparency, fairness and responsibility in the interest of the country. NIESV president added “as a nation, we are in precarious situation and all hands must be on deck to rescue of shrinking economy.” 

    Wike said “the much desired change in Nigeria will come when the right professionals are fully engaged for services they are trained to perform. We commend the Federal Government once again for moving in that direction.”

The Guardian