Ogun state has a population of
about 3.8 million people, according to the 2006 population census.
Obviously, this figure has increased over time and as such the property
landscape has also changed because an increase in the population means a
corresponding increase in the demand for property.
However,
investors are usually discouraged due to the high cost of land
acquisition and the recent antics of scammers. In light of this the need
for easy access to land approval and registration is highly emphasized
since these factors play a key role in determining the affordability of
homes and the pace of housing developments.
In a
move to correct this, the Ogun State government, under its Home
Ownership scheme, approved 1000 certificates of occupancy and building
plan approval certificates to residents of the state.
The presentation, which took place over the weekend, was made by the state governor Ibikunle Amosun. Represented by the state attorney general and commissioner for justice, Mrs. Abimbola Akeredolu,
the governor said that the scheme has increased the issuance of
certificates of occupancy and building plan approvals. He also said that
difficulties and bottlenecks encountered in the past have been greatly
reduced.
Speaking at the event, Director General, Bureau of Lands and Survey, Mr. Adewole Oshinowo,
said that about 8000 certificates had already been issued since
December 2013 and that figure represents 25% of all the registered
occupants in the state.
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