Minister Atah Salutes Valuers on International Estate Valuation Day

Minister of State for Housing and Urban Development, Rt. Hon. Abdullahi Yusuf Atah, has extended warm felicitations to estate surveyors and valuers across the country as they commemorate International Estate Valuation Day.

Addressing  the members of the Nigerian Institution of Estate Surveyors and Valuers  at the Federal Ministry of Housing and Urban Development (FMHUD) headquarters, the Minister praised the critical contributions of valuation professionals to Nigeria’s real estate and economic landscape.

Minister Atah emphasized the pivotal role of estate valuers in promoting sustainable urban development. 

He acknowledged their expertise in property assessment, investment evaluation, and guiding economic policy through accurate asset valuation.

The event was marked by a vibrant atmosphere, as participants donned branded green golf shirts and caps bearing the celebration’s logo, symbolizing unity and pride in the profession.

Minister Atah urged valuers to remain committed to professionalism and innovation, underscoring the government’s readiness to collaborate with stakeholders in the real estate sector to achieve national housing and development objectives.

This year’s celebration, themed “Transform, Invest, Thrive: Optimizing Real Estate Asset Finance and Taxation,” includes a week-long conference aimed at enhancing the skills and proficiency of estate valuers.

The programme focuses on refreshing practitioners on the evolving role of valuation in diverse sectors, from financial planning to real estate investment and taxation.

International Estate Valuation Day, especially significant to members of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), highlights the indispensable role of valuers in driving economic stability through precise property assessments. 

The day also serves as a platform for public advocacy, educating citizens on the professional and statutory responsibilities of estate valuers in national development.

Earlier in the celebration, ESV Rashidat Folake Odusiga, Chairman of NIESV’s Abuja branch, led a sensitization tour across the Federal Capital Territory. 

She noted the impressive turnout and professionalism displayed by members, stressing the importance of public awareness on the value and impact of accurate property valuation.