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Inspection Fee and Its Negative Impacts on Real Estate Transactions,

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Inspection Fee and Its Negative Impacts on Real Estate Transactions,

By Oluwakayode Abe

The profession of Estate Management and Valuation faces significant challenges due to the prevalence of unqualified individuals operating as quacks on a daily basis. The lack of awareness about the role and importance of an Estate Surveyor, along with the advantages of dealing with them, has had detrimental effects on various stakeholders in the Real Estate sector.
An Estate Surveyor is a qualified professional who has undergone formal education in “Estate Management” from an accredited institution. They have obtained certification from reputable organizations like the Nigerian Institution of Estate Surveyors and Valuers (NIESV) and been elected by the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) to practice in the field of Estate Management and Valuation. Despite the importance of their expertise, many Nigerians remain unfamiliar with their roles and qualifications.
This lack of awareness has allowed unscrupulous individuals to exploit unsuspecting individuals by posing as Estate Agents. These self-proclaimed agents can be found on the streets, ready to take advantage of those seeking real estate services. They lack the necessary qualifications, knowledge, and professionalism required in the industry.
These quacks typically charge exorbitant fees, often as high as N5,000, for property inspections, even for properties that have already been rented. To maximize their profits, they may take multiple people to the same property in a single day, disregarding the needs and interests of their clients.
Their unprofessional conduct is another cause for concern. They often exhibit rudeness and a lack of respect towards potential tenants, tarnishing the reputation of legitimate Estate agents and eroding public trust in the industry.
Apart from the financial implications for individuals, these quacks also lack an understanding of the legal aspects of their work. This ignorance leads to poorly drafted tenancy agreements and legal disputes between tenants and landlords, causing unnecessary stress and inconvenience.
Moreover, the impact of these quacks is not limited to individuals alone. The Nigerian government suffers revenue losses in terms of property tax due to their involvement in the real estate sector. The presence of unlicensed agents reduces the government’s ability to collect taxes from unreported rental income.

READ ALSO: https://dailypost.ng/2023/08/02/niger-tribunal-set-to-give-ruling-on-17-petitions-445-exhibits/
To address this pressing issue, several measures need to be taken. Public awareness campaigns are essential to educate the public about the risks of dealing with unlicensed agents and the benefits of engaging registered and qualified Estate Surveyors and Valuers. Empowering consumers with knowledge on how to verify an agent’s credentials will help them make informed decisions and avoid falling victim to fraud.
Collaboration between the government, real estate industry, and consumer protection organizations through public-private partnerships can also make a significant impact. By pooling resources and expertise, stakeholders can develop comprehensive strategies to combat the presence of quacks and protect the interests of the public.
Additionally, governments should enforce strict regulations in the real estate sector, ensuring that only licensed professionals are allowed to operate. Implementing minimum qualifications, conducting background checks, and regular audits of real estate agents and agencies can help maintain the integrity and professionalism of the industry.
By taking these proactive measures, the real estate industry can effectively curb the spread of quacks, foster transparency, and build trust among all stakeholders, ultimately ensuring a safer and more reliable real estate market for everyone involved.
Oluwakayode Abe contributed this article through abeoluwakayode99@gmail.com

Inspection Fee and Its Negative Impacts on Real Estate Transactions,

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Jonathan, Marwa, Onyema, 16 Others to Be Honoured at DICAN Conference

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Jonathan, Marwa, Onyema, 16 Others to Be Honoured at DICAN Conference

By: Michael Mike

A convergence of Nigeria’s diplomatic community, security stakeholders, policy experts, and scholars is set to take place in Abuja on Wednesday, July 23, 2025, as the Diplomatic Correspondents Association of Nigeria (DICAN) hosts the first-ever Diplomatic/Security International Conference, focusing on the intersection of diplomacy, national security, and Nigeria’s 4D Foreign Policy Strategy: Democracy, Development, Demography, and Diaspora spearheaded by the Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar.

This groundbreaking gathering, themed “Nigeria’s 4Ds Foreign Policy Strategy Amidst Global Security Challenges, Strategic Misperceptions, and the Age of Disinformation: The Role of Diplomacy, Intelligence, and Media in Shaping National and Global Stability.” is a timely response to the growing need for informed, cross-sectoral collaboration in safeguarding Nigeria’s sovereignty and global interests.

It will bring together seasoned diplomats, representatives of foreign missions, security chiefs, media professionals, researchers, and civil society actors to dissect key issues shaping the nation’s international engagement and internal stability.

Chairman of DICAN, Idehai Frederick, described the conference as a bold intellectual platform aimed at bridging the gap between security policy, diplomatic action, and media accountability.

According to him, “Nigeria is undergoing a deep recalibration of its foreign policy doctrine under the 4D framework. We believe the media has a crucial role in amplifying these strategies, while experts and diplomats must align security and diplomacy with real-time global shifts. This conference offers that synergy.”

He said in recognition of outstanding contributions to diplomacy, peacebuilding, national cohesion, and security sector reforms, DICAN will present the prestigious DICAN Award of Excellence to 20 distinguished personalities and institutions who have demonstrated unwavering commitment to Nigeria’s progress and international stature.

Among those to be honoured are:

Former President Dr. Goodluck Ebele Jonathan, for his enduring efforts in peace diplomacy and conflict resolution across Africa;

Retired Brigadier General Buba Marwa, Chairman of the National Drug Law Enforcement Agency (NDLEA), for his trailblazing anti-narcotics reforms;

Allen Onyema, Chairman of Air Peace, for fostering regional connectivity, crisis evacuation, and supporting national diplomacy through aviation logistics;

The Embassy of the Arab Republic of Egypt in Nigeria, for its consistent diplomatic engagement and support for bilateral cooperation.

Others on the honour list include top security operatives, humanitarian actors, and institutions whose work has strengthened Nigeria’s international presence and internal security architecture.

The conference, will feature keynote addresses, panel discussions, and thought leadership sessions, with prominent speakers including: Ambassador Yusuf Tuggar, Nigeria’s Minister of Foreign Affairs (Chief Host), The Minister of Defence, The Minister of Interior, Ambassador Gautier Mignot, Head of the European Union Delegation to Nigeria and ECOWAS,

The Ambassador of the Arab Republic of Egypt to Nigeria, Mohamed Fouad,

As well as Nigeria’s Service Chiefs and select heads of foreign missions.

DICAN, as the umbrella body for journalists covering the diplomatic and foreign affairs beats in Nigeria, views this international conference not just as a media initiative, but as a national dialogue to reinforce Nigeria’s place in global diplomacy while confronting existential security challenges.

According to Idehai, “We are living in an era where diplomacy is not just about embassies and bilateral meetings. It is now an essential tool in combating transnational threats, shaping economic development, and projecting national interest. This conference creates that rare space for reflective, inclusive discourse.”
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VP SHETTIMA AT FIDAU PRAYER FOR BUHARI

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VP SHETTIMA AT FIDAU PRAYER FOR BUHARI:

Late ex-President Pursued Justice With Sincerity

** Says Tinubu-led FG will continue to protect dignity of the Buhari family, Katsina people

By: Our Reporter

The Vice President, Senator Kashim Shettima, has said the late former President Muhammadu Buhari pursued justice with the utmost sincerity.

And in death, according to Senator Shettima, the late Buhari has also proved to the world that he was, indeed, one of the greatest sons of Africa.

The Vice President stated this on Thursday during the 3rd day prayers (Fidau) offered for the repose of the soul of the former Nigerian leader, at his residence in Daura, Katsina State.

“Ibn Khaldun reminds us that the goal of civilisation is the attainment of justice. Justice is the bone that holds human society together. It was justice, as he understood it, that President Muhammadu Buhari pursued – often misunderstood, but always with sincerity.

“When you are in power, your friends know you; when you are out of power, you know your friends. In death, President Muhammadu Buhari has proved to the world that he is, indeed, the greatest son of Africa. May Allah grant his soul eternal rest and reward him with Aljannah. May Allah forgive his shortcomings,” he prayed.

On behalf of his boss, President Bola Tinubu, VP Shettima expressed gratitude to Governor Dikko Radda of Katsina State for the reception and kind gesture accorded to the Federal Government delegation throughout their stay in the state.

“We have been together with the governor right from London to Nigeria. He gave a warm reception and all the necessary support,” he said, adding that President Tinubu is personally pained by the loss of his friend, brother and political soulmate.

The VP assured that the Federal Government, under the leadership of President Tinubu, “will continue to protect the image and dignity of Buhari’s family and the entire people of Katsina State.”

He revealed that he will proceed to Abuja with the family of the late former President to attend a Special Valedictory Federal Executive Council (FEC) in honour of the deceased.

Earlier, the governor of Katsina State, Malam Dikko Radda, said the deceased rendered selfless service to the nation, maintaining that nobody can dispute the fact that he was an honest and just person.

He thanked President Tinubu and Vice President Shettima for honouring the remains of late President Buhari, saying, “We, the people of Katsina State, don’t have a word to thank the Federal Republic of Nigeria.

“We appreciate President Bola Ahmed Tinubu, who has shown compassion, respect for the people of Katsina State and the nation entirely. Tinubu has allowed 25 members of his cabinet, under the leadership of Vice President Shettima, to be in Katsina State. The 25 Ministers supported us at this trying moment, and we also thank the President for declaring a public holiday on the day Buhari was laid to rest,” Governor Radda added.

Also, the Minister of Information and National Orientation, Alhaji Mohammed Idris, said the late Buhari has an important place in the national history of Nigeria, appealing to all Nigerians to continue to pray for the repose of the soul of the former President, as reminded by Islamic clerics.

“We want to thank all of you on behalf of the 25 ministers, as directed by Mr President, for finding time to offer prayers for our President and also participate in this national assignment. Indeed, former President Buhari belongs to Daura, Katsina, Nigeria, and the world,” the minister said.

Earlier, the prayer session was opened by the former Minister of Communication and Digital Economy, Prof. Ali Pantami, who emphasised the need for constant prayers for all the departed souls, including late President Buhari.

Pantami further observed that prayer for the departed soul should not be restricted to a number of days.

Similarly, the Minister of State Agriculture, Senator Aliyu Abudullahi, on behalf of the members of the Federal Executive Council (FEC), prayed Almighty Allah to cover the grave of Buhari with mercy and admit him into Aljannah.

Islamic scholars who offered prayer include Prof. Ibrahim Makari of the Abuja National Mosque; Sheikh Yahaya Jingir, Bishop of Katsina; Mamman Musa; Khalifa Mohammad Nasir; and Malam Hassan Daura, among others.

Other dignitaries present at the prayer session are former Vice President Namadi Sambo; Governor Babagana Zulum of Borno State; former Secretary to Government of the Federation, Ambassador Babagana Kingibe; former Minister of Justice, Abubakar Malami (SAN); Ambassador Adamu Daura; former Katsina State Governor, Aminu Masari; former Zamfara State Governor, Senator Abdulaziz Yar’adu, and former National Security Adviser, Babagana Monguno.

Others are former Director-General, National Intelligence Agency (NIA), Ahmed Rufai; Business Mogul, Mohammed Indimi; Buhari’s nephew, Mamman Daura, former FCT Minister, Muhammad Bello, the Emirs of Katsina, Daura and Bade; the Sultan of Maradi from the Niger Republic, and thousands of sympathisers from various walks of life.

VP SHETTIMA AT FIDAU PRAYER FOR BUHARI

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Vice President Shettima Joins President Tinubu, African Leaders for Burial of Former President Buhari in Daura

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Vice President Shettima Joins President Tinubu, African Leaders for Burial of Former President Buhari in Daura

By: Our Reporter

Vice President Kashim Shettima on Tuesday joined President Bola Ahmed Tinubu and other African leaders in Daura, Katsina State, for the burial of former President Muhammadu Buhari, who passed away on Sunday, 13 July 2025, in a London hospital.

Earlier in the day, President Tinubu received the remains of the former President at the Umaru Musa Yar’Adua International Airport in Katsina, where he inspected a military guard of honour before the Nigerian Air Force jet conveying the casket arrived at 1:51 p.m.

The casket, draped in the Nigerian flag, was conveyed by a senior military pallbearer team led by Major General Mike Alechenu, and wheeled in a solemn procession to the hymn “God Be With You Till We Meet Again,” flanked by a full military guard of honour.

Vice President Shettima had accompanied the body of the late President from London, alongside the Chief of Staff to the President, Rt. Hon. Femi Gbajabiamila, the late President’s widow, Hajiya Aisha Buhari, and close family members.

Upon arrival in Daura, the remains of President Buhari were received by a large crowd of mourners chanting praises of Allah and offering prayers for his soul. The body was later interred at his private residence in a ceremony attended by a cross-section of dignitaries and ordinary citizens alike.

President Tinubu and Vice President Shettima were joined at the burial by former Vice President Yemi Osinbajo, President Umaro Sissoco Embaló of Guinea-Bissau, Prime Minister of Niger Republic Ali Lamine Zeine, and former President of Niger Issoufou Mahamadou. Also in attendance were governors, ministers, service chiefs, former governors, captains of industry, Islamic clerics, and representatives from across the continent, including an envoy of the President of Chad.

Vice President Shettima Joins President Tinubu, African Leaders for Burial of Former President Buhari in Daura

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