NGThe Real Estate Developers Association of Nigeria (REDAN) has criticized the lack of a regulatory framework for real estate developers, stating that this absence contributes to fraud, multiple land sales, and unsafe building practices. Oba Akintoye Adeoye, the president of REDAN, called on the Nigerian federal government to create a regulatory system that licenses developers and ensures accountability and professionalism in the sector. He emphasized that while other construction-related professions are regulated, developers currently operate without such oversight. Adeoye proposed a collaborative model where the government licenses developers, while REDAN focuses on training and promoting ethical conduct. He argued that this approach would enhance consumer protection, rebuild trust in the real estate industry, and improve housing delivery nationwide.
Bias read (Center): The article presents REDAN’s call for regulation of real estate developers as a policy recommendation without overtly favoring any political side. It quotes statements from REDAN leadership and does not include counterarguments or biased language. The framing remains neutral, focusing on the need to
