Tag Archives: land registry

The Lagos State Lands Bureau on Tuesday said that over N11.85 billion had been approved as compensation for property owners affected by the alignment and right of way for construction, reconstruction and dualisation of roads. The Special Adviser to Gov. Akinwunmi Ambode on Urban Development, Mrs. Yetunde Onabule, disclosed this to newsmen at the ongoing Ministerial Briefing to mark the ...

The Lagos State Lands Bureau performance dropped in revenue generation by N10.19 billion accruing from land transaction in 2017, representing a 50 percent fall in land revenue. In 2016, the Lands Bureau recorded an all-time high in revenue generation from land transaction as it hit N20.77 billion, but this was half into two in 2017 as it generated N10.579 billion, ...

Searching for where to buy land in Nigeria is not a walk in the park especially when the buyer is new to property transactions.  In view of this, the first thing that should come to mind when you want to buy land is the issue of finance. Although finance is the major fuel that drives the intent to buy land, ...

In 2017, the Nigerian economy and investment market was in distress. For most Nigerians, being lost in the surging tides was a whole lot easier than staying afloat. Nigeria as a country managed to survive the storm of 2017. In this piece, we review 2017 as a guide to what lies for the real estate sector and it’s affiliates in ...

“The senior pastor of the Daystar Christian Centre, Sam Adeyemi says Nigeria’s Land Use Act, must be removed for the country to unleash and attain its potentials. He made this declaration while speaking at The Platform on Saturday about “unleashing potentials for wealth creation”. Adeyemi said “the elite class makes it difficult, for example, for you to own land, which is the ...

Gov. Akinwunmi Ambode of Lagos State says 11, 034 land titles have been signed and issued in the state between 2015 and 2017,  The Nation reports. Ambode made the disclosure in Ikeja on Thursday while commissioning the upgraded and redesigned Land Registry of the state. He said that the land titles include 4,602 Certificates of Occupancy, 6,118 governor’s consent and ...

Nigerian Tribune reports that the Special Adviser to Governor Akinwunmi Ambode on Urban Development, Mrs. Yetunde Onabule, who spoke at a stakeholders’ engagement on “Ease of Doing Business in Lagos State”, at the Oriental Hotels, Victoria Island, Lagos, last week, stated that it will no longer be ‘business as usual’, as the Bureau is out to facilitate the  international best ...

“As with most commercial cities, land, as a resource, is desirable and crucial to everyone. This accounts for the high premium charged either as rent or land sale in Lagos. But alongside this comes the challenge of land administration in Lagos State, especially as it concerns land grabbers, and title documentation. The state government says it has put in place ...

Despite the fact that the economy of the world’s most populous black nation is presently in recession, Observers still believe that Nigeria’s real estate sector still evolves at a tremendous pace. The focus of this article are the factors that constitute a stiff opposition to the country’s emerging real estate industry. There is no doubt that other budding sectors of ...

THE ACQUISITION/PURCHASE TRANSACTION PROPER This is the second topic in the series – Before you purchase that Lagos property Last week we talked about the legal framework preceding the acquisition of land in Nigeria with reference to Lagos. This week we will be looking at the processes involved in the purchase and acquisition of such property. Now, where the Purchaser’s ...