The Lagos State Government has advised estate surveyors to add value to property development through the policymaking and implementation process.
He said the government desired a greater Lagos that compares with modern city in terms of affordable and decent housing for the citizenry.
The forum attracted foremost professionals in the built sector and representatives of the Lagos state House of Assembly speaker, Mudashiru Obasa.
The governor, who was represented by the Senior Special Assistant on Housing, Mr. Ayodeji Amodu, noted that the real estate sector is now more structured and ethical as a result of practitioners’ continued commitment to a high standard of professionalism.
Sanwo-Olu said the state government expects a greater synergy between practitioners and its agencies charged with regulating activities within the sector.
In his remark, NIESV President, Sir Emmanuel Wike, expressed gratitude to the state government for the good working relationship between its members and government agencies in the area of asset valuation, property taxation, and facility management.
Wike appealed to the state government to exempt its members from LASRERA regulation as Estate Surveyors and Valuers Registration Board is empowered by an Act of the National Assembly to regulate the practice.
Reminiscing on the journey so far, the Lagos branch Chairman, Adedotun Bamigbola, said that the challenges facing the profession for the next 50 years would bother on maintaining international ethical standards, research, property technology, and infractions in the real estate sector.
In their contributions, former chairmen of Lagos branch, Joe Idudu, Bode Adedeji, and Bola Sonaiki as well as former Permanent Secretary, Land Matters in Lagos, Chief Fanimoku Tunde, recalled the roles played by estate surveyors and valuers in property development, stressing that the practitioners have performed excellently.
The elder statesmen advised practitioners to go into property development rather than managing property for other people.