Head, Administration, Nigeria Stock Exchanage,, Mr. Gabby igbeka (left); Nigerian Institution of Estate Surveyors and Valuers NIESV) president, Mr. Rowland Abonta and Lagos State branch chairman, Rogba Orimalade during the opening of a two-day summit organised by the branch in Lagos

THE Lagos State Branch of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) has held the second edition of its real estate flagship programme tagged ‘The Summit 2.0.
The two-day programme had the theme – Developing Business Modules for Best Practice was attended by NIESV President, Rowland Abonta. The Chairman of the Heads of Practice Sub-committee, Adedotun Bamigbola chaired the event.
Among the sub-themes discussed include, specialized fields in real estate are project finance, facility management, property taxation, mortgage and insurance valuation, agribusiness and Real Estate Investment Trust (REIT).
Resource persons were Mr. Adeniyi Adeleye, Head, Real Estate, StanbicIBTC West Africa, Mrs. Funke Okubadejo, Director, Real Estate, ACTIS International, Mr. Jide Orimolade, Managing Director, Law Union and Rock Insurance PLC.
Others are Mr. Gaventa Otono, Managing Director, Sterling Capital, Prof. Modupe Omirin of UNILAG, ESV Steve Mayaki of International Fairwood property Ltd, Femi Akintunde, GMD, Alpha Mead Facilities Management and Dr. Ezekiel Oseni of Bank of Industry.

Speaking at a two-day summit organized by the Lagos branch of the institution, the president, Mr. Rowland Abonta commended the branch for their foresight in updating the knowledge base and skills of members in the key practice areas of the profession. “The summit, which theme is Developing Business Modules for Best Practices” is very timely in face of growing demands for efficient service delivery by our clients and the general public vis-à-vis the emerging new techniques and areas of practice within the profession.

“The world has actually become a global village and no nation can survive without bench marking other economies in the global business environment, hence the necessity for us to adopt international best practices in our international practice.”

The state’s branch chairman, Rogba Orimalade said that “over the years the estate surveyors and valuers has failed to properly articulate his professional competence in key segments of the economy, which has led majority of the populace to arrive at the conclusion that they are mainly experts in estate agency and valuation.”

According to him, this year’s summit is expected to look at critical segments in the economy, which would enable us as institution create business modules that would be used to provide solutions that should have positive and lasting impact to the society.

“The estate surveyor and valuer by virtue of his training is indeed very versatile and his skills are indeed relied upon in all areas of the economy,” he said.