The International Real Estate Federation (FIABCI), Nigeria chapter, has called on the government to improve the ease of doing business in the sector while also requesting for trade liberalisation.
FIABCI President Mr. Adeniji Adele made this call announcing the upcoming ‘FIABCI- Nigeria Business Forum 2020’ on ease of doing business.
He said that the unsatisfactory state of infrastructure, social amenities and unequal access to finance contributed to the slow growth of the real estate sector.
Explaining what the body was all about to pressmen, Adele said FIABCI is a business network of real estate professionals, providing opportunities for real estate professionals who want to connect with other international members.
The President of FIABCI said, the association has members in 65 countries, including 100 professional associations, 65 academic institutions and 3000 individual members from all professions of the real estate sector.
“FIABCI is the most representative organisation of the real estate industry in the world and holds special consultative status with the Economic and Social Council of the United Nations,” he said.
Adele, while hailing the Federal Government for starting reforms through the Presidential Enabling Business Environment Council (PEBEC), expressed FIABCI assurance to help correct the nation’s poor image.
The FIABCI boss also commended the Federal Government for some remarkable reforms in the housing sector.
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