The Oba of Benin, Oba Ewuare II, has pledged his support for the real estate sector in Edo and Nigeria at large.
The pledge is contained in a statement by Mr. Iguobaro Osaigbovo, the Chief Press Secretary to the Oba in Benin over the weekend.
The statement said Oba Ewuare spoke with the President of the Nigerian Institute of Estate Surveyors and Valuers, Mr. Johnbull Amayaevbo, during a courtesy visit to his palace.
The king attributed the success recorded in real estate businesses in Edo to the abolition of Community Development Associations (CDAs) some years ago.
“When CDAs were vibrant, nobody could anything. Once in a while when I drive around, I see billboards, real estate this, real estate that. People can now build. They are doing surveying, they are doing evaluations now,” he said.
The king also pledged his support for the professional body, ahead of its Triennial Delegates Conference scheduled for Edo in 2024.
Earlier in his address, the president of the institute commended the king’s fatherly disposition, which he attributed to the growth of investment in real estate in the state.
Amayaevbo also commended the king for the donation of a parcel of land to the institute for a proposed secretariat in the state years ago.
He therefore further solicited royal blessings and prayers.
“Your Royal Majesty, I am very much aware of all that you have been doing not just for the people of this state, but for the entire country, especially in our sector.
“The real estate sector of Nigeria. We know the actions that you have taken in this kingdom have led to rapid real estate development. We are also very glad and happy that some years back, the palace gave our professional body a land,” he said.
Highpoint of the visit was the presentation of a plaque and souvenir to Oba Ewuare in recognition of his support for the 54-year-old.
