Estate Surveyors and Valuers across the country have called for greater public awareness and adoption of professional valuation practices as a critical tool for unlocking Nigeria’s economic potential and driving sustainable national prosperity.
The call was made during the 2026 National Valuation Day celebration, marked by a coordinated nationwide sensitization rally organized by the Nigerian Institution of Estate Surveyors and Valuers (NIESV) under the theme, “Unlocking Nigeria’s Wealth: How Valuation Builds Our Prosperity.”
The campaign, which took place simultaneously across major cities and state capitals, saw members of the profession engage the public on the importance of accurate asset valuation in wealth creation, investment planning, taxation, and economic development.
In Ogun State, estate surveyors and valuers embarked on an advocacy walk through Abeokuta, sensitizing residents on the indispensable role valuation plays in strengthening the economy and promoting national growth.
While speaking during the event, Estate Surveyor Ajibola Akinwande, a member of the Nigerian Institution of Estate Surveyors and Valuers, said the sensitization exercise was aimed at highlighting the significance of professional valuation and discouraging reliance on unprofessional assessments in property and asset transactions.
According to Akinwande, sustainable economic prosperity can only be achieved when assets such as land, infrastructure, and investments are professionally valued to provide accurate information for decision-making.
He noted that estate surveyors and valuers contribute significantly to wealth creation by providing reliable valuation data required for investment, taxation, financial inclusion, and capital growth.
“Professional valuation provides the clarity and certainty required for investment, taxation and economic planning. When assets are accurately valued, they can be effectively utilized to stimulate growth and create opportunities for individuals, businesses and governments,” he said.
Akinwande further stressed the need for Nigerians to embrace professional valuation standards, describing the practice as a strategic instrument for unlocking dormant economic assets and transforming them into productive resources.
He added that the profession has the capacity to unlock significant economic value across key sectors of the economy, including real estate, infrastructure development, taxation, and the oil and gas industry.
The nationwide campaign, according to the institution, forms part of ongoing efforts to promote awareness of the profession’s contribution to national development and encourage stakeholders to prioritize professional valuation in economic planning and asset management.
Participants at the rally maintained that accurate valuation remains a vital component of economic stability and sustainable development, emphasizing that Nigeria’s journey toward greater prosperity depends on the effective identification, assessment, and utilization of its assets.
