Tosin Fatukasi, an expert in the real estate industry, has appealed to the Federal Government to implement stringent regulations aimed at curbing fraudulent practices within the sector.

Also, he urged the government to establish a conducive environment that will ensure the stability and growth of the industry.

Fatukasi, who gave this charge at the opening of Gold Stripes Court House Allocation in Lagos, lamented the increasing fraudulent activities in the sector and the lack of government support in creating an enabling environment.

Fatukasi, who is the director of Lomel Homes Limited, said the lack of an enabling environment from the government slows down the pace of work in the industry.

“As a developer and an entrepreneur, I have to go the extra mile to source funding and to make sure I am on point to break through in the industry.
“The government has to improve on the infrastructural facilities for us to have a cutting edge in the real estate sector.

“The government needs to make the environment conducive for the players so that we all can achieve our dreams,” he said.
He also pleaded with the government to make the process of documentation easier.

Source: The Guardian