Oyo to boost revenue through speedy issuance of land documents

The Oyo State Government has established a new era in the State’s Internally Generated Revenue,IGR, drive, through speedy issuance of land title documents.

The Commissioner for Lands, Housing and Urban Development, Abiodun Abdu-Raheem, stated this at a one-day retreat organized for officials of the Ministry, held at Abeokuta, Ogun State.

He stated, As a major stakeholder in revenue generation for the State Government, we are here to strategize on how to move the State forward, because the State is blessed with resources and latent opportunities that need to be unlocked.

Abiodun added that a cursory review of previous years’ performances show that over two billion naira has been generated annually for the past three years through Land Use charges, which is far less than what is expected from a State that desires to be self-sufficient with or without Federal allocation.

He explained that since the inception of the administration of Governor Seyi Makinde, the Ministry had been able to improve on its revenue generating strength through recovery of over two hundred plots of land which had been reallocated to interested members of the public.

The Commissioner noted that the Ministry had also introduced three hundred thousand naira as an expression of interest application fee for housing developers, as well as settlement of pending litigations against the State Government on land matters, among other things.

Abiodun pointed out that the retreat which focused on issuance of land title deeds such as Home Owners’ Charter and Certificate of Occupancy (C of O), would help the Ministry fashion out easy and affordable ways for people to obtain their documents.

He said, I wish to state here that the State Government, under the leadership of His Excellency, Governor Seyi Makinde, is establishing a new era where land title documents would be timely and accurately delivered to justifiable applicants.

While speaking at the event, the Commissioner for Finance, Mr Akinola Ojo, described the Ministry of Lands, Housing and Urban Development, as a major stakeholder in revenue generation for the State Government.

He commended the Ministry’s initiative to take part in the retreat, while he also assured that the Ministry of Finance would provide all necessary support at ensuring that the revenue generation initiative of the State Government was not jeopardized.

The Permanent Secretary, Ministry of Lands, Ademola Ajibola, also at the event said that the retreat was very essential in educating and enlightening the officials of the Ministry on their roles at ensuring an increase in the revenue drive of the State Government, through quick issuance of Land Title documents.

Source: Voice of Nigeria