The Nigerian Institution of Estate Surveyors and Valuers has condemned a situation where landed properties are left idle for years without them being developed and used for fruitful purposes that can aid economic growth.
According to the institution, which singled out the Federal Capital Territory (FCT), Abuja, as a reference point, the development is against the vision of the government to make making the city one of the best in the world.
The group therefore called on the Minister of Federal Capital Territory, Muhammad Bello, to revoke all landed properties allocated over a long period of time but are yet to be developed within the city centre.
This was the view of the national president of the institution , Mr Jame Omeru, who made this known during an event organized to make the FCT minister patron of the NIESV in accordance with its constitution.
“We observed that some of the plots in the Central Area Phase11 are not developed. It is our suggestion that a deliberate attempt should be made to revoke those areas that are yet to be developed and be allocated to allotees who are ready to develop immediately” Omeru said.
Omeru further appealed to the FCT minister to make land available to the institution to enable build affordable mass housing for Nigerians.
Source: Nigerian Tribune Newspaper