The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has complained about the growing insecurity in the country, noting that these trends portends danger for the real estate sector.
The President, Sir Abonta, said the threat posed by insecurity in recent months is now scaring every available investor and delaying endorsements by foreign partners in the sector.
Overtime inflation and economic downturn have minimal effect on estate surveyors and valuers, but security has posed great menace to the sector, he further added
NIESV has contributed immensely in the physical development that led to the drastic reduction in the housing crisis facing the nation, but the country’s lack of implementation has propose more peril in the sector.
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