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Real estate developers ask reps panel to reconsider bill seeking to regulate sector
The Real Estate Developers Association of Nigeria (REDAN) says its bill rejected by an ad hoc house of representatives committee was aimed at mitigating building collapse in the country.
The committee, set up to investigate the operations of the association in the federal capital territory (FCT), recommended that “the proposed REDAN bill should be jettisoned”.
The senate had passed the bill in November 2021.
“For the avoidance of doubt, may we clearly note that REDAN appreciates the efforts made so far by the ad hoc committee of the house of representatives in finding a lasting solution to the lingering land issues in the FCT and by extension in the entire country,” Wamakko said.
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