The Lagos State branch of the Nigerian Institution of Estate Surveyors and Valuers has disclosed that it spent more than N200m on professional training and development programmes for about 950 members within the last one year.
Chairman of the Lagos NIESV branch, Tosin Kadiri, revealed this during a press conference held in Lagos to announce the commencement of the 2026 Annual Estate Week.
Kadiri described the annual programme as one of the institution’s major platforms for engaging government, stakeholders and the public on the role of estate surveyors and valuers in national development.
According to him, the branch organised several local and international training programmes aimed at improving professional competence and global relevance among members.
He explained that over 300 members participated in the Mandatory Continuing Professional Development programme in November 2025, while another 200 members took part in the Pan-Africa Webinar Series held in January 2026.
Kadiri added that about 350 members also participated in Summit 7.0, while over 100 members underwent specialised training sessions organised through the institution’s resource centre.
The branch chairman further disclosed that 76 members were recommended for elevation to fellowship status during the review period.
He said the institution also organised an international conference in Saudi Arabia to expose members to global industry trends and networking opportunities.
Giving a breakdown of the expenses, Kadiri stated that the Mandatory Continuing Professional Development programme alone cost over N10m, while Summit 7.0 gulped more than N12m.
He added that members spent over N120m on the Saudi Arabia conference, bringing the total expenditure on local and international training above N200m.
Kadiri noted that the branch achieved significant progress over the past year through strategic leadership, professional development initiatives and stronger stakeholder engagement.
According to him, several workshops, seminars and technical sessions focused on emerging trends in property valuation, digital transformation, sustainability, green buildings, asset valuation standards and ethical compliance within the profession.
He also said the institution strengthened collaboration with government agencies, financial institutions and regulatory bodies to address issues affecting the real estate sector, including land administration, property documentation and urban planning.
Kadiri explained that the branch intensified campaigns promoting professionalism and ethical conduct through public sensitisation programmes aired on television and radio platforms.
On youth development, he said the institution increased mentorship efforts targeted at young professionals and students interested in the real estate industry.
According to him, more than 350 probationers were recommended for induction into the institution, while over 500 young professionals benefited from mentorship programmes.
He added that the branch’s “Catch Them Young in Schools” initiative reached more than 1,200 students across 12 secondary schools.
Kadiri, however, admitted that rising economic challenges and financial pressures have made participation in some international programmes difficult for many members, especially due to the high costs associated with overseas training and conferences.
