The President, Nigerian Institution of Estate Surveyors and Valuers, NIESV, Emma Wike has called for more dialogue between government agencies and property owners over moves to regulate rent payments in Nigeria.
Wike who stated this to newsmen in Uyo, the Akwa Ibom state capital added that only a consensus agreement by all parties would make any form of regulation effective.
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The Nigerian senate recently began moves to regulate payment of rents on properties to not more than three months.
Emma Wike while applauding the move called for more engagement among stakeholders to make it work.
Wike highlighted some negatives of monthly rent payment.
He lauded Akwa Ibom state Governor, Udom Emmanuel for carrying members along in the state but appealed that certain procedural errors affecting its members be corrected.
The NIESV helmsman maintained that allegations that some of its members were being used for money laundering are untrue.
He added that the fact that non of its members is on trial by the EFCC is enough vindication.
(Editor: Nkoli Omhoudu)
