Home » Tag Archives: Land use act of 1978

Tag Archives: Land use act of 1978

MBAN to surmount land title restrictions through “Formula 131”

MBAN to surmount land title restrictions through “Formula 131”

Lagos   –    Mortgage Banking Association of Nigeria (MBAN) on Wednesday expressed readiness to surmount the bottlenecks associated with land title processes through the introduction of “Formula 131’’. The MBAN’s President, Mr Adeniyi Akinlusi, made the disclosure in an interview with the News Agency of Nigeria (NAN) in Lagos. He said that formula 131 stipulates that the cost of obtaining land ...

Read More »

Lawyer harps on need to tackle inadequacies in Land acquisitions

Lawyer harps on need to tackle inadequacies in Land acquisitions

The managing partner of Prince Joel and Associates, Prince William-Joel has said the difficulties inherent in real estate transactions and land acquisitions in Nigeria need to be tackled appropriately. According to him, that has to be done within the right context in order to eliminate all forms of inadequacies and mishaps relating to property and land acquisitions. He said the ...

Read More »

Why Governor’s Consent Hinders Real Estate Development In Nigeria

Governor's consent

The Governor’s consent is a title document that establishes the consent of every Governor of the 36 states of the federation to all land transaction in the “said state”. Invariably, it is a means of perfecting the title on a land. Obtaining a Governor’s consent in Nigeria is a very herculean task. This article addresses the issue of the Governor’s ...

Read More »

Land Use Act: The trend of land acquisition by host Government

Buy Land In Nigeria

It is debatable that the Nigerian Land Use Act of 1978 has not absolutely transferred ownership of land to the Governor of states in Nigeria. In this article, we look at the trend of  Land Acquisition by host Government. It is argued that the citizens have no rights or interest over the land in the country beyond their occupation because ...

Read More »

History of Land ownership in Nigeria

land ownership in Nigeria

Land ownership in Nigeria can be quite a rigid process due to the very complex land tenure system in Nigeria. As a result, there have been calls from various quarters for a review of Nigeria’s land and property law and invariably a complete overhaul of the country’s land reform system. This article turns searchlight on the history of land ownership ...

Read More »

How To Do a Proper Land And Property Search In Nigeria

Land and Property search

In this piece, we will be discussing the act of Land and Property search; it’s importance and the processes involved. According to the 1978 Land use act of the Federal republic of Nigeria, land in all parts of the country is owned by the Government. As stated in section one of the land use act: “Subject to the provisions of ...

Read More »

An Overview of Housing Demand and Supply In Nigeria

Housing demand

The migration of people from rural areas to urban centres has been increasing at an alarming rate. This has resulted in an increase in housing demand in most of our urban centres in Nigeria. The failure of the government on housing demand and supply is the focus of this article. Housing demand can be explained as the willingness and ability ...

Read More »

Nigeria’s Land Use Act And The Common Man

Buy Land In Nigeria

Since the enactment of  Nigeria’s Land Use Act in 1978, there have been many outcries concerning it. The controversy surrounding the Act is as heated as the corruption war of the Buhari administration. This article views the gains and the loss of Nigeria’s Land Use Act and how it affects the average Nigerian. Nigeria the pearl of the black world ...

Read More »