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Tag Archives: land use act

CBN set to promote Nigeria’s mortgage guarantee scheme

CBN

A Pilot feasibility study for the establishment of a mortgage guarantee scheme which provides credit loss protection to lenders in case of borrower default is underway. Tentatively christened Nigeria Mortgage Guarantee Company (NMGC), Central Bank of Nigeria (CBN) is promoting the scheme in collaboration with World Bank and other stakeholder partners under the Nigeria Housing Finance Program (NHFP). The scheme ...

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Osinbajo urges stakeholders to tackle problems of land administration

stakeholders

The Vice President, Prof. Yemi Osinbajo, has urged stakeholders in land management to identify and address every imaginable problem that has hindered land administration and management in this country. Osinbajo gave the charge in Abuja on Monday while declaring open the National Stakeholders Dialogue on Land Reform in Nigeria, organised by the Presidential Technical Committee on Land Reform. According to ...

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How To Buy Land In Nigeria

Buy Land In Nigeria

Searching for land to buy 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 acquire land, you ...

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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 ...

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Land Reforms and the Future of the Land Use Act in Nigeria

Buy Land In Nigeria

Human society the world over is heavily dependent on land and its resources. It is not an overstatement to say that without land there would be no human existence. In this article we take a critical look at land reforms and the future of Land use act in Nigeria. Man gets items very essential for his survival such as food, ...

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Land use act encourages poverty- Sam Adeyemi

Land use act

“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 ...

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Environmental rights activists seek amendment of Land Use Act

Land Use Act

The Guardian reports that the Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) yesterday sought the amendment of the Land Use Act. Its Executive Director, Dr Godwin Uyi Ojo, at a stakeholders’ meeting on securing communal tenure rights to land in Abuja, maintained that the inconsistencies inherent in the law were being manipulated by the elite to the detriment of ...

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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 ...

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