Quantity Surveyors Urge FG, NASS to Regulate Soaring House Rents in Major Cities

Taiwo Adeola
2 Min Read
NIQS building

The Nigerian Institute of Quantity Surveyors (NIQS) has urged the Federal Government and the National Assembly to introduce clear policy guidelines to address the rising cost of house rent across major cities, especially Abuja.

NIQS President, QS Kene C. Nzekwe, made the appeal at a press conference held in Abuja as part of activities marking the 31st Biennial General Meeting and National Conference of the Institute.

Nzekwe said the persistent surge in rental prices is worsening the housing affordability crisis, stressing that only the government has the authority to set a policy direction that will protect citizens from exploitative rental demands.

“It is unacceptable for anyone to demand five million naira for a two-bedroom apartment in Abuja,” he said. “We are calling on policymakers and legislators to enact laws that regulate rent demands and ensure fairness in the housing market.”

The NIQS President also encouraged industry players across the construction and built environment sectors to embrace digital technologies and adopt standardised practices to enhance transparency and operational efficiency. According to him, such improvements will strengthen professionalism and attract more private sector investment into the housing and construction industries.

Speaking on professional ethics, Nzekwe warned against quackery and the growing trend of individuals taking on roles outside their areas of competence. He said the Institute will sanction members involved in unqualified practices, adding that improper handling of construction cost management poses significant risks to project delivery and public safety.

He appealed to the media to support the Institute’s efforts in curbing professional encroachment and promoting the value of properly trained construction professionals.

Join Our Whatsapp Group

Share this Article