NIGERIA

Organisation Name: Nigerian Institution of Estate Surveyors and Valuers (NIESV)

IVSC Member:  Yes

Do members have to follow IVS?  No

Does organisation issue its own standards? Yes

Do these, include, replace, or extend IVS ? Include and extend

Additional Information: - NIESV has a business assets and intellectual property faculty.

The Nigerian Valuation Standards are promulgated by both NIESV and ESVARBON. The Standards require compliance with IVS but also complement the IVS by providing detailed guidance and specific requirements concerning their practical implementation.