NIESV urges FG to rejig Nigeria’s security architecture, apparatus

The President, Nigerian Institution of Estate Surveyors and Valuers, Emmanuel Wike, has called on the Federal Government to reinvent and rearrange the entire country’s security architecture and apparatus.

Wike, who made the call on Friday at a press conference in Ikeja, expressed his worry over current security challenges in Nigeria.

He lamented that the country was now one of the hotbeds of conflicts in Africa ranging from the Boko-Haram insurgency, the Southern Kaduna conflict, agitations in the Niger Delta, violent clashes between the Fulani herdsmen and farmers, renewed surge in kidnapping, among others.

The institution commended the government’s efforts in addressing these challenges and called for a multifaceted approach from stakeholders to address the security issues, which it said was affecting the real estate sector as well.

“The crises have huge economic implications on businesses, including real estate, coupled with an intersection with poverty as a result of rising food prices which can be linked clearly to the inaccessibility of farmlands taken over by criminal herdsmen and rampaging bandits.

“We call on the government to reinvent and rearrange the entire security architecture and apparatus,” the president said.

Wike commended President Muhammadu Buhari on the appointment of new service chiefs and appealed to the service chiefs to employ legitimate tactics to resolve the insecurity situation in the country.

He stated that the economy was vulnerable to fluctuations in crude oil prices and production, therefore urged the government to channel more resources into other sectors of the economy rather than staying dependent on crude oil.

The president advocated that more attention should be given to real estate and infrastructure by direct investment, partnering with the private sector, and more significantly by creating a more conducive environment for sustainable investment with clearly laid out and workable policies.

“In other words, revamping the economy must be done largely through investment in real estate and infrastructure development, and this must be done on a continuous basis. Government should be ready to spend a sizable sum on infrastructure.

“Government must lead aggressive intervention in housing supply and come up with helpful policies to stimulate and deepen private sector participation in housing delivery if it sincerely desires to relate and lift the economy out of the doldrums,” he added.

Wike also congratulated Dr Ngozi Okonjo-Iweala on her appointment as Director-General of the World Trade Organisation and urged her to use her good offices to promote improved trade balances between Nigeria, Africa and the developed nations.

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