THE Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) has approved the use of pseudonym in business registration for persons who desire to practice estate surveying and valuation in the country.
The development, which has been part of the agitation by members, will exist side by side with the use of family name. The stride is to encourage mega practice of the profession to meet international best practices, as it is currently practices in allied professions such as law and accountancy.
ESVARBON chairman, Mr. Ayodele Sangosanya disclosed that the board has formulated and forwarded guidelines to guide the formation of mega firms with pseudonyms to the Federal Ministry of Lands, Housing and Urban development for gazetting.
He warned new entrants against the unhealthy practice of using their stamps, seals and certificates unprofessionally and for the purpose of authenticating valuation jobs.
The body threatened to withdraw such items and warned that those caught will be made to face the music. “If we catch anybody doing something like that, the seals will be withdrawn. The stamps, seals and certificates to be awarded are properties of the board and the board reserves the right to withdraw these items at any time, if abused,” Sangosanya said. He added that the rules and regulations of the board should be the guide of any estate surveyor and valuer and their violation will not be tolerated.
Sangosanya, who addressed the 107 newly registered members at the 32nd induction ceremony of the board in Lagos, restated that the body was set up by Decree 24 of 1975 for the registration and regulation of the practice in the country. With the induction, about 3,119 estate surveyors and valuers are now registered in Nigeria.
ESVARBON also lamented that the challenge being faced is how to accelerate the registration of new entrants to meet the rapidly growing population in the country. “This figure is still a far cry from adequacy when compared to the national population of over 160 million, the present management of the board continues to find ways and means of producing many more registered estate surveyors and valuers as quickly as possible without lowering standards.”
Sangosanya added: “The focus of the board is to substantially reduce the nefarious activities of quacks by registering many more qualified estate surveyors and valuers in the country. The board has instituted actions in courts against quacks who would not heed its warnings.”
Mr. Yinka Sonaike, a past President of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) who chaired the occasion, urged the inductees to abide with the principles and ethics of the profession. He charged them to defend the profession and the institution, to render honest services to their clients and customers and to be professionally driven.
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