International Real Estate Federation, Nigeria Chapter has called on real estate practitioners to focus on technological innovation in the construction industry to boost the local economy

The President, FIABCI Nigeria, Mr Adeniji Adele, said this at its first business network meeting held on Thursday.

Adele said, “The purpose of the event is to showcase our best in the construction industry globally. You have all been invited to this event in recognition of the mutual passion that we share for the vision to make Nigerian a better place and happy nation to live and work in. In the past year, we have had different activities, seminars on topical issues. The property scorecard is coming up next year, which would help Nigerians learn how things should be done properly.

“We all know that in this age of digitalisation, the essence of networking has become paramount. We all need to share knowledge on the latest innovation in the industry. Sharing knowledge would help to stay abreast of the new models and technology that is being used in the construction industry globally. While we also work on how innovations can be introduced in our country to boost the economy of this country

Reacting, the World President, FIABCI, Mr Joel Ribbo, was quoted as saying, “We have to be part of the solutions. The world has changed and our organisations are facing new challenges. It is from these values of tradition and persistence that we want to contribute to building a sustainable future for the profession we have shown up to today.

“Technology is the key to ensuring the future of our industry, that is why we invest time and efforts in promoting excellence and innovations within our members, investors and associates. Technology innovations are tools to be used in favour of our clients and business partners. FIABCI is about following best practices on a national, regional and international level.

The Special Adviser to Lagos State Governor on Housing, Mrs Toke Benson-Awoyinka, on her part, said, “ The aim of the Lagos State Real Estate Regulatory Authority is to sanitise and regulate the real estate industry. We are aware of the various things happening in the industry. We are calling on stakeholders, developers and lawyers to have a sit down with the governor to look at the way forward to sanitise the industry.’