The Lagos State Ministry of Housing has called on stakeholders and members of the public to make professionalism as their number one priority when erecting a structure.
To this end, the Lagos State, in conjunction with Lagos State Real Estate Transaction Department (LASRETRAD), has put together a one day stalkeholders’ forum to tackle the menace of illicit practices and fraud in the state.
According to a release signed by the Special Adviser on Housing, Toke Benson-Awosika, the call becomes necessary to bring sanity to the housing industry in the state and iron out the best way to protect the unsuspecting members of the public of being defrauded of their hard earned money from unprofessional agents and property developers.
As the demand for proper housing continues to exceed available supply stock, Toke explained that this gives room for unhindered community of fraud in the industry.
She, however, announced that already, the state government has enacted laws on housing in order to check the spread of these unscrupulous elements and improve investors’ confidence in the real estate business.
Other matters that would be at the front burner during the symposium include agents and developers unique identification through resuscitation, maintaining registered and licensed practitioners, collation of data on property transaction and advocacy campaign on the fraudulent practices of real estate.
The symposium, which would take place on October 29, 2019 at Eko Hotel & Suites, Victoria Island, would have in attendance the Governor Lagos State, Babajide Sanwo-Olu as the special guest, while the state Commissioner for Housing, Moruf Akinderu-Fatai, would play host.