NIESV paid him a courtesy visit told the body that the Federal Government of Nigeria would soon put in place a law that would force downward, cost of accommodation in the Federal Capital Territory.
He explained that the current Buhari-led administration was deeply concerned with the high cost of housing in the territory and was working out modalities that would guarantee access to decent accommodation by the masses and less privileged.
The Minister who tasked members of NIESV on a viable solution to end high cost of accommodation in Abuja, also challenged the body to have a downward review of their professional fee, stressing that although the concept of estate development was a very commendable one, the industry was facing many challenges in the capital city, questioning the rationale behind payment of rent on annual basis in the country.
He further pointed out that as a professional body that was primarily concerned with provision of houses, the NIESV has a burden of ensuring that accommodation does not get out of the reach of the common man.
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