Rivers
Surveyors Task Bureau On Assets Declarations
The Nigerian Institution
of Estate Surveyors and Valuers (NIESV), Rivers State, has charged the Code of Conduct Bureau (CCB) to ensure that assets declarations by public office holders are all accompanied with valuation certificates / reports.
The Rivers State chapter chairman of CCB, Mr Oladapo Olaiya who gave the charge in briefing in Port Harcourt said that the move would give more credibility to asset declaration exercise.
Olaiya also said that asset declaration with valuation Certificate / Report would among other things, indicate the type of asset, location and value as well as discourage false and anticipation declaration.
The Rivers CCB chairman also stressed the need for the present administration in the state to vigorously pursue reforms in the area of land titling and title database with a view to removing unnecessary bottlenecks in the way of title processing and private property transaction.
He further called for downward review of transaction costs to encourage formal documentation of land transactions, towards ensuring, that land owners maximizes the potential of land ownership.
He noted that there was the need for the pleasant administration in the state to sustain the effort of the past government in ensuring that certificates of occupancy are issued within 90 days.
While calling for computerization of the land registry Olaiya alsomade a case for adequate compensation to be paid to all land acquired.
“Development projects of a government usually involve acquisition of land compulsorily for which compensation are paid by government to land and property owners / holders whose landed properties are acquired,” he said but added that assessment of such compensation is an important factor in building people –oriented governance.
According to him, a practice rates imposed by the acquiring authority or government does not comply with best practices”.
The surveyors and valuers also recommended for capacity building for land officers at the local government levels, and the imposition of property based tax to improve revenue generation.
While expressing the readiness of the institute to work with government to achieve the reforms, the chairman, also urged for the engagement of the services of estate surveying and valuation firms to monitor, assess and evaluate projects to ensure standard in execution.