NIESV tasked to create new neighbourhoods in Lagos

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INSTEAD of dissipating energy on the agency aspect of the profession, realtors under an aegis, the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Lagos State Chapter, has been urged to drive creation of more new neighbourhoods in the state.

New neighbourhoods, according to Yinka Ogunsulire, a realtor, is not a new idea, occurred over millennia informally and leadership driven. She spoke last week at the business a luncheon organised by NIESV, Lagos Chapter, held at the Civic Centre, Lagos.

Convinced that it was time for estate surveyors to do more than the conventional agency aspect of its profession, the chapter had chosen to engage a developer to talk to its members on: “The Creation of New Neighbourhoods: A case study of Orange Island”, one of the newest real estate development in Lagos.

Welcoming the guest, NIESV Chairman, Pastor Stephen Jagun said it was good that projects like Orange Island was springing up in Lagos because it would add more value to quality of living, urging his collegaues to think out of the routine to dear such projects.

“It is good that a project like Orange Island is coming up in Lagos and we are happy that in few years, the land scape of the state will change. We, as professionals should be the ones to drive this kind of project in Nigeria and Africa.”

NIESV’s First Vice President, Dr. Bolarinwa Patunola-Ajayi, who commended the choice of the topic of discourse, urged his professional colleagues to transform the lessons learnt in such gathering into their professional practice.


In her paper, Managing Director, Orange Island Development Company, Ms. Yinka Ogunsulire, who was the guest speaker, said new neighbourhoods are planned urban community designed for self-sufficiency and providing housing, educational, commercial, and recreational facilities for its residents. They are typically created by governments, and range in sizes from 80 hectares to 5,000 hectares.

According to her, new neighbourhoods, naturally lead to new towns, new dormitory settlements, and smaller metropolitan areas.

With the state’s urban areas already congested, the chartered surveyor said that satellite cities are often one way to relieve the congestion in the core city by developing multi-nodal cities where all movement and development is not focused around a single urban node.

The real estate guru said the state needed more integrated environments that not only provide residential opportunities but also employment, business, social, educational and recreational opportunities.

“Merely developing housing in so-called satellite locations will only worsen the situation as more and more people are forced to drive further distances to the main (or only) central economic core.

The best solution for African cities, many of which are creaking under the weight of growing populations and rapid urbanisation rates, is therefore to channel the growth into new satellite sites ….properly developed, planned and serviced!”

Having listed several features a neighborhood must portray, Ogunsulire, called on the estate surveyors in the state to take a close study and possibly explore opportunities that come with such development, adding more would be berth in Lagos in the nearest future.

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