REDAN denies influencing NASS Clark on RECON Bill

From Okwe Obi, Abuja

The Real Estate Developer’s Association of Nigeria (REDAN), has denied ever influencing the Clark of the National Assembly, Magaji Tambuwal, to misinform President Bola Tinubu into assenting to the Real Estate Regulatory Council of Nigeria (RECON).

An online medium (Not Daily Sun), had reported how Tambuwal had certified that the National Assembly had passed the bill and awaiting the assent of President Tinubu.

But REDAN President, Dr. Aliyu Wamakko, in a statement yesterday said there was never a time he interfaced with the leadership of the National Assembly or the Clark on the bill.

Wammako challenged the medium to publish the names of his members that lobbied Tambuwal into sending the false bill to the President for assent.

“We therefore call on Mr. Kabir to mention those Members. Most deserving from Mr Kabir is for him to tell Nigerians, those REDAN Members that “lobbied Mr Tambuwal to send the false bill to the President for assent.

“Failure to provide names will prompt the Association to seek redress from the Court for this infamous statement.

“From the publication, it can be inferred that some persons do not want the Bill assented to.

“It is bold to say that the only plausible reason for such abhorrence is that they are neck deep in money laundering business and financing of terrorism.

“They are obviously economic saboteurs who want to tarnish the image of Nigeria.

“To the current leadership of REDAN, if the business is regulated, the law enforcement agents and regulators will catch-up with them and they will not only be exposed but their businesses will crumble.

“We state that REDAN is not averse to amendments, recommendations or inputs that could make the Bill better, to strengthen and deepen Real Estate Development as in other climes.

“Finally, the composition of the Council as proposed include: regulatory organizations, Members of the Council of seven Professional Bodies in the Built Industry, Commissioner for Lands / Housing and Urban Development of each State of the Federation, amongst others.

“We once again state categorically that REDAN is not in a position to influence a constituted tier of government – the Legislature.

“The National Assembly is an independent entity and an arm of Government, established by the Constitution of the Federal Republic of Nigeria.

“REDAN leadership hereby reiterate our call to President Bola Ahmed Tinubu to assent to the Bill for the interest of Nigeria’s economy as the RECON Bill stands to cure the inherited problems of collapse building, money laundering and terrorism financing prevalent in the real estate and construction industry, in line with the Renewed Hope Agenda.

“The National Executive Council of the Real Estate Developers Association of Nigeria (REDAN), has deemed it necessary to clear the air on the publication,” he said.

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