Developer Tasks Professionals On Transparency

An estate developer based in Port Harcourt,  Mr Chile Humphrey, has called on professionals to evolve plans for open valuation for different parts of the country.
Humphrey, who is the site manager for Rainbow Town Ltd, also said for purposes of clarity, the disparities between land evaluation systems should be reconciled with the current economic realities in the country.
He expressed worries that while discounts were being offered in global economies according to prevailing economic trends, to ensure optimal occupancy the same was not the case in Nigeria.
He explained that rather than offer discount on properties in the country, the costs were being jacked up, way beyond the reach of the common man.
Humphrey, lamented that the practice had resulted in unoccupied houses, while the average Nigerian has resorted to living in ghettos and indecent conditions.
He called on institutions in the build industry to look into the matter with a view to reviewing the cost of property acquisition downwards.

Tonye Nria-Dappa