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Lagos Urged to Establish Office of Valuer-General for Real Estate Enhancement

Business1 min read
Lagos Urged to Establish Office of Valuer-General for Real Estate Enhancement

Adekunle Awolaja, a former director at the Lagos State Valuation Office, urges the government to create an Office of Valuer-General to improve property valuation practices. He highlights challenges faced by the current valuation office, including low budget allocation and staff morale issues.

Awolaja proposes restructuring the valuation framework to strengthen the profession. Despite past controversies over budget allocation, recent efforts by Governor Babajide Sanwo-Olu have seen improvements.

The envisioned Office of Valuer-General aims to elevate the real estate sector in Lagos State.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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