Tuesday, 29 November 2016

MAKE 250% RETURNS ON INVESTMENT (THIS IS BETTER THAN MMM)


The increasingly-trending Mavrodi Mondial Movement Nigeria (MMM-Nigeria) recently celebrated a year anniversary mid November and thousands of happy, uniformed participants turned out in droves to grace the occasion. Everybody sees the scheme as a blessing at this time of recession. Although, there is a conspicuous caveat just at the top of every participant's dashboard on the MMM website 'to only use spare money' as it is only an experimental scheme of a mutual help community, Nigerians have continued to 'invest' heavily in it. Some use their life savings while others borrow huge amounts of money, despite the fact that everyone understands the scheme's possibility of crashing. Hmmm! Trust my Naija people. Greed no go kill us. It is not only MMM that is trending. There are several of them but I chose it because lots of Nigerians have taken it as a means of investment. Just a month ago on 28th of October, I published a post on this platform titled 'MAKE 100% PROFIT ON INVESTMENT (THIS IS BETTER THAN MMM)'. Guess what? I am more than doubling that figure now! Are you raising your eyebrows? It's already proven. I will show you facts and figures. Just read on attentively.

I've met one of the greatest tycoons in real estate investments - Donald Trump - via his books. He offers invaluable information that we can all benefit from. The book I am focussing on now is titled The Best Real Estate Advice I Ever Received (100 top experts share their strategies). I am still learning a good lot from it and will gladly share some 3% of the insights with you. If you want more, contact me personally... Smiles.

  1. Invest where the wealthy like to play: When you manage to do that, you have successfully changed your economic status. Your social networks has dramatically improved as you'll be robbing minds with the rich.
  2. Buy the best (location): The best will always retain its value and appreciate at a faster rate. Personally, I know the best is the location that has the highest projection for returns on investment both in the near future and in the long run. I was at UBA Headquarters, CBD, Marina, Lagos, last week for a business meeting. There, a lady named Rebecca told us how a plot of land in Nicon Town Estate sold for N6million about 6 years ago and how a uncle of hers struggled to no avail to buy a plot there today for N200million as the value has appreciated beyond that. That amounted to a staggering 540% average annual appreciation, approximately. I submit to you boldly that another genuine investment that can guarantee you that in our very unstably volatile economy is very rare.
  3. Invest in an area where growth is coming: According to William J. Boykin, who founded Boykin Lodging Company in the USA, the best real estate advice he received was "Always develop in an area where growth is coming. If you're a little early or wrong in some way, the growth will bail you out. If you develop where growth has been and growth is not continuing, when you are wrong, you are wrong forever." Hmmm... An example of such a location is an affordable one below.

I have been forerunning for those who will key into investing now and have their family's source of wealth traced to them from coming generations - it is a prophecy, or a forecast, if you so prefer to consider it. It is all about a clarion call to real estate investment in the new Lagos in Ibeju-Lekki. We should not make the mistake of letting the place develop before attempting to own a piece of the earth there, and we must not wait till foreign investors snatch most of the Lekki Free Trade Zone (LFTZ) axis. This is a location that has a very lucrative prospect such that a plot of land you buy there for N3m today can sell for N250m in 10years. Development here is projected to be faster than has ever been recorded in any major part of Lagos.
Listen to Dangote himself speak in the attached video at the bottom of this post after reading through. That should suffice in painting the picture to the smart you.

While planning for a presentation with a senior colleague last week, Tuesday, November 22, 2016, we analysed market trends in the LFTZ in the past 6 months (From May to November, 2016), working on sample real estate companies that major in that axis, as illustrated in the chart below. We discovered that within the period, landed property value has appreciated by about 250%. Even MMM only promises 180% in 6 months and does not guarantee a secure investment! Note the upward trend in the bar and line graphs. Actually, the upward trend is just starting. Never lose sight of the fact that the estimated real appreciation has not yet begun there. It will when, at least, a major project there, like the Dangote Refinery, is completed in 2018. Also remember the fact that the steady growth was recorded this year amidst a serious economic recession. Without much ado, I tell you that the future is already here if you can see it. Do not wait to invest there if you can strive to afford it now. It will be a costly mistake. Rather, invest there now and patiently wait. Then you can thank me later if you so wish.

There are several reasons why you need to invest in that axis. You just MUST not miss it. It is the best location in the country. Landmarks it features are: the new Lekki International Airport, the new Lekki Deep Seaport, the Lekki Free Trade Zone, Dangote Refinery, Dangote Estate, the biggest tourist Beach Resort in West Africa (La Campagne Tropicana), exquisite golf courses, 4th Mainland Bridge, Lagos Business School (LBS), The proposed Lekki Smart City project (a partnership with MoU already signed between Lagos State and Dubai Holdings company), proposed Catholic University, several well-structured and gated estates, and many more coming up. Just wait and watch your investment grow.


At KORP Properties, we bring you priceless real estate information as we help you project into the future. We partner with trustworthy real estate companies. Presently, we have full plots of land with clean Titles of C of O, Gazette, etc, in the Ibeju-Lekki axis ranging from N700,000 per plot to N4million and even higher, depending on location. We also deal in development of properties. As the festive period approaches, there are lots of promos ongoing. Call us to get them. To contact us for enquiries, to see available options, or for inspection, please click and fill the form HERE or directly call 08183567878.

If you like this information, go ahead and share with your friends and loved ones, especially those in the diaspora, like the US.  We do not know what the future holds for them. They can still easily invest back home, now.
I will appreciate your feedback. Kindly click on POST A COMMENT below to leave one.

Tuesday, 22 November 2016

GAZETTE: UNDERSTANDING LAND DOCUMENTS (PART 2)

We started sensitizing the public on this platform last week on land documents, specifically, the Gazette. This is a continuation of the episode.

A Gazette is an official record book where all special government details are spelt out and recorded. A Gazette will show the communities or villages that have been granted excision and the number of acres or hectares of land that the government has given to them. It is within those excised acres or hectares that the traditional family is entitled to sell its lands to the public and not anything outside those hectares of land given or excised to them.

If they decide to sell anything outside the excised land, then that land is under acquisition by the government and it is a very bad land to buy.

Special Features of a Gazette include the following:
The first page of a Gazette must have the following unless it is a dubious or fake Gazette
  • The Logo of the country and the inscription of the title of the state issuing it. For example, “LAGOS STATE OF NIGERIA OFFICIAL GAZETTE”.
  • Underneath, it must have the Number, Volume, Page, Date and the Location it was signed into law e.g. No 26 in pages 200 to 291, Volume 87 dated 14th of August, 2011 and have the contents of the list of the Villages, Settlements and Parcels of land excised back to the community.


The Inner pages will show the following:
  • The description of the Area or Village excised.
  • The number of Acres or Hectares of land excised to the Village.
  • Where the boundaries of the beacons start and stop.
  • The page of the description of the Village excised.
A Gazette is a very powerful instrument the community owns and can replace a Certificate of Occupancy (C of O) to grant title to the Villagers. A community owning a gazette can only sell lands to buyers within those lands that have been excised to them and the community or family head of that land has the right to sign your documents for you if you purchase lands within those excised acres or hectares of land. If the government based on some reasons best known to them decides to revoke or acquire your land, you will be entitled to compensation as long as it’s within the Excised lands given to that community.

Don’t ever think you are smart and assume that the land is within a Gazette and go ahead to purchase it without seeking professional help. You may find yourself to blame. The best way to know whether a land is under Acquisition or has an Excision that has been covered by a Gazette is to get a Surveyor to chart the site and take it to the Surveyor General’s Office to do a land information confirm to know whether it falls within the gazette and spell out which particular location it can be found.

Also, don’t listen to a Village or community elder or any person who tries to convince you that the land they are selling is covered by a Gazette. In most situations than none, they are always lying because they don’t know and they haven’t sought professional help to know if that land is under Acquisition or not. Some of them are liars that know the land they are selling isn’t an Excised land but they still pretend it is, so as to sell you a defective land to abscond when the people from the Land Bureau approach you to demolish your house.

At KORP Properties, in partnetship with reputable real estate companies, we bring you information on verified estate schemes you can invest in and go to sleep with your two eyes closed for as long as is required. We offer you prime investment properties over which you do not need to worry about any additional professional engagements. For example, CLICK HERE. We have many other options, with instalment packages that you can afford. Just talk to us. Call 08183567878 & we'll gladly help.

We'll appreciate your feedback. Kindly drop your comment(s) in the dialogue box provided below.

Saturday, 19 November 2016

GAZETTE: UNDERSTANDING LAND DOCUMENTS (PART 1)


There are some fundamental information that we must have before we go into land deals. Prior to the time the Land Use Act was enacted in 1978, Traditional Families who had so much land power under their control benefitted from taking pleasure over all the rights given to the land owners. Because of this mega-power they wielded with land, they gave out lands to individuals under a tenancy system for them to use the land either for fishing or farming while they still maintained control over the portion of the land given to the individual. It wasn’t until the creation of Lagos Executive Development Board by mid 20th century that individuals were now able to acquire land from the Board directly in exchange for a sum of money instead of going to meet the traditional families to obtain land.

This led to Traditional Families splitting their lands to keep some for the family use and others for sale to individuals directly to compete with the Lagos Executive Development. This system still made the Traditional Families total top dogs in exercising exclusive rights with lands they chose to sell and the ones they chose to keep. This eventually led to the birth of land speculation in Nigeria because lands were very expensive to purchase and difficult to obtain. Because of this and other ancillary reasons, it finally led to the promulgation of the Land Use Decree on the 28th of March, 1978 that vested all lands in every state of the Federation under the control of the State Governors.

People could now directly obtain lands from the Governor and the Governor could allocate land to the individual or Companies inquiring about land and issue Certificate of Occupancy to these people it has allocated land to.
The Land Use Act, coupled with other laws, made it possible for the Governor who was now the owner of all lands in the state to actually have the power to acquire more lands compulsorily for its own public purpose to provide Amenities for the greater good of the citizens.

The Acquisition of land from the Family by the Governor who is now the custodian of all lands in the state was now empowered by the Land Use Act to take the general control and management of all URBAN land and any area designated as an Urban area by the Governor shall be published in an Official Government Record book known as the Gazette. Any area, community or village the Governor designates as an Urban Area is an Acquired land (and said to be either Government Acquisition or Committed Land) and the rest of the land it has not acquired may be given back to the community it was acquired from in the form of an Excision. An Excision means basically taking a part from a whole and that part that has been excised will be recorded and documented in the official government gazette of that state.

So for example, if in 1981, Victoria Island (VI), Ikoyi and Lekki were all part of one big Community joined together called Oniru and it had no separation to know which area is called Ikoyi, Lekki or VI then and it has an approximate total area estimate of 100,000 square meters and the Government is interested in that area and decides to take 70,000 square meters for itself for use as an urban area or public purpose, it will record this acquisition in the official government gazette and also record that the remaining 30,000 square meters has been left alone for the traditional family to have and do with it whatever it pleases.

Watch out for Part 2 next week.

Source: online

Contact us at KORP Properties if you find this information useful and/or you look forward to engaging an expert in the industry in your land acquisition efforts. Kindly CLICK HERE or call 08183567878.

GAZETTE: UNDERSTANDING LAND DOCUMENTS (PART 1)


There are some fundamental information that we must have before we go into land deals. Prior to the time the Land Use Act was enacted in 1978, Traditional Families who had so much land power under their control benefitted from taking pleasure over all the rights given to the land owners. Because of this mega-power they wielded with land, they gave out lands to individuals under a tenancy system for them to use the land either for fishing or farming while they still maintained control over the portion of the land given to the individual. It wasn’t until the creation of Lagos Executive Development Board by mid 20th century that individuals were now able to acquire land from the Board directly in exchange for a sum of money instead of going to meet the traditional families to obtain land.

This led to Traditional Families splitting their lands to keep some for the family use and others for sale to individuals directly to compete with the Lagos Executive Development. This system still made the Traditional Families total top dogs in exercising exclusive rights with lands they chose to sell and the ones they chose to keep. This eventually led to the birth of land speculation in Nigeria because lands were very expensive to purchase and difficult to obtain. Because of this and other ancillary reasons, it finally led to the promulgation of the Land Use Decree on the 28th of March, 1978 that vested all lands in every state of the Federation under the control of the State Governors.

People could now directly obtain lands from the Governor and the Governor could allocate land to the individual or Companies inquiring about land and issue Certificate of Occupancy to these people it has allocated land to.
The Land Use Act, coupled with other laws, made it possible for the Governor who was now the owner of all lands in the state to actually have the power to acquire more lands compulsorily for its own public purpose to provide Amenities for the greater good of the citizens.

The Acquisition of land from the Family by the Governor who is now the custodian of all lands in the state was now empowered by the Land Use Act to take the general control and management of all URBAN land and any area designated as an Urban area by the Governor shall be published in an Official Government Record book known as the Gazette. Any area, community or village the Governor designates as an Urban Area is an Acquired land (and said to be either Government Acquisition or Committed Land) and the rest of the land it has not acquired may be given back to the community it was acquired from in the form of an Excision. An Excision means basically taking a part from a whole and that part that has been excised will be recorded and documented in the official government gazette of that state.

So for example, if in 1981, Victoria Island (VI), Ikoyi and Lekki were all part of one big Community joined together called Oniru and it had no separation to know which area is called Ikoyi, Lekki or VI then and it has an approximate total area estimate of 100,000 square meters and the Government is interested in that area and decides to take 70,000 square meters for itself for use as an urban area or public purpose, it will record this acquisition in the official government gazette and also record that the remaining 30,000 square meters has been left alone for the traditional family to have and do with it whatever it pleases.

Watch out for Part 2 next week.

Source: online

Contact us at KORP Properties if you find this information useful or you look forward to engaging an expert in the industry in your land acquisition efforts. Kindly CLICK HERE or call 08183567878.

Tuesday, 15 November 2016

BRIEF INTRODUCTION INTO REAL ESTATE


Real estate is "property" consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; (also) an item of real property; (more generally) buildings or housing in general.
It also means the business of real estate: the profession of buying, selling, renting, or managing land, buildings, housing, etc.

Buying real estate is about more than just finding a place to call home. Investing in real estate has become increasingly popular over some decades ago and has become a common investment vehicle. The real estate market has plenty of opportunities for making big gains. So, if you have been thinking of tiptoeing into real estate business, you don’t have to. Walk confidently into it; your fortune is about to take an awesome hit - a step that will begin to build you wealth that your generations to come will trace to now!

Real Estate Is Not For the Rich Alone
Many people thought about it but have found themselves out of the pursuit to invest in real estate business because of erroneous beliefs that it is for those that have bank accounts swollen up with huge amounts of money. NO! That’s absolutely incorrect!

Real estate is not for the rich alone. It is a business that has something to offer every class of investors; either you are a beginner, expert, professional or a tycoon like Donald Trump. Money is not what you need to approach real estate business. Valid information is what you need.

There Are Four Categories of People Approaching Real Estate Business
Someone classified such categories of what people approaching real estate business may become thus:

  1. Failure: People with enough capital but no information.
  2. Success: People with valid information but little or no capital.
  3. Huge Success: People with capital and valid information.
  4. Big Failure: People with neither capital nor information.

Business opportunities don’t last with uninformed people (even if with the money), but with people that are rightly informed. Valid information is what you need to make real estate business work for you. The business is not for the rich alone; in fact, if any big investor approaches the business with the lack of needed knowledge, he will find his way out of the pursuit hands-down and jaw-dropped.

Personally, I’ve seen people approach real estate business with diverse investments that have paid off enormously. As a matter of fact, with obvious testimonies, I’ve lost counts of people that have invested with so little, and they make vast amounts in return; some, in a short time and others in the long run. They make sure they get reliable information about authentic properties and they do not slack about it but grab every opportunity.

Now, one sure area to invest in real estate is in land acquisition, more specifically, in places of great future prospects. The amazing thing about the acquisition of real estate properties, especially in Ibeju-lekki axis (now referred to as THE NEW LAGOS) is that one can be a landowner with just N50,000 per month. Land acquisition is not as tough as some potential landowners think. All you need is INFORMATION. I can’t really vouch for an instalment payment lower than that but you can get one. With monthly payment of about N50,000, N80,000, N500,000 and above, depending on your choice of property to acquire, you can nurse the dream of inviting your landlord to your housewarming someday. At least, you start from somewhere, and NOW is the best time to start planning success for yourself and your children. I can assure you that you will get one with payment plan convenient for you.

Real estate investment is very accessible to the rich and also, average Nigerians. Just make sure you don’t run into scammers or Omonile’s troubles. Believe me, you don’t want to have such experience. That is why I advice people to invest with reliable real estate companies. Just talk to us at KORP Properties. We will show you the way.

Real estate business, I assure you once again, is very readily accessible than you are possibly thinking, even in this recession. Take a step now! To get started, call 08183567878

Credit - online

Wednesday, 9 November 2016

TRUMPs UP VICTORY


Trump! Trump! Trump! Yay! 
Yes. Victory song is sweet. Isn't it? His name, today, has gone down history lane among elected United States Presidents (whether they like it or not!). Good thing is everyone likes to associate with the victorious side. So, you too will as well grant me some audience, at least, today, as I tell you a little about this great man.

A great man does not become great in a day; no. He exudes greatness everyday! Donald Trump, for example, is a business magnate that has demonstrated greatness in real estate. Ranked #156 on Forbes list of world's billionaires, Trump stated: “Real estate is at the core of almost every business, and it's certainly at the core of most people's wealth. You may not need to invest in real estate to be wealthy. But, by and large, it is the easiest, most leveraged way to build real, sustainable wealth.  In order to build your wealth and improve your business smarts, you need to know about real estate."

Marriage, job changes, divorce, new families, death, government opening up new investment areas - the average Nigerian migrates. And with that constant stream of movement across Nigeria, and abroad, millions of properties are bought and sold yearly. Many of these will be great deals that you, yourself, could be profiting from. It doesn't matter who you are or your social status. So long you have a key information at your finger tips, that puts you at advantage over others, ONLY if you will make use of the opportunity.

Now, again, let me sing this opportunity into your ears. Do you live in Lagos? Have you heard that there is a new Lagos? Yes, that is Ibeju-Lekki. So much is happening there. Monumental, unprecedented investments are earmarked for the location and if you study times, you'll know NOW is the time to invest there, let alone the glaring fact that there're few other investments that can appreciate by 100% in half a year like in real estate (as recorded this year) even in the current economic recession. Whether you're a friend, family, or stranger, I hope you'll ACT by way of heeding this call. Strive to partake of this opportunity and happily reach out to thank me when you look back from the year 2020. So many people have been asking me how can low-class people partake of it and I show them options that can suit them, only if they are ready to sacrifice on the altar of investing now and TRUMP up with victory in their secure financial future. My advise to those in the diaspora, especially in the US (and you too can as well join me to advise your loved ones over there): take advantage of the current exchange rate and send some funds to invest in secure real estate back home. The present US president elect was reported to have threatened to evacuate Nigerians from the country once he becomes President. Who knows the new reforms that will come up in the new US government, or in any other country for that matter. Their investment cannot be secure anywhere else like home. Finally, I say learn from an investment leader like Trump and it'll be your turn to lead tomorrow!

Permit me to leave you with this offer below one more time (it has very much neared expiration).


Fore many more opportunities, or consultancy services, click to CONTACT US HERE

Tuesday, 8 November 2016

UNDERSTANDING NIGERIAN LAND SIZES AND MEASUREMENTS


Most people who purchase land in Lagos and elsewhere don't really understand the meaning of these Real Estate units used to denote land sizes. As a potential buyer wishing to buy a land or build a new house, you must be conversant with a few of these figures or terms. The first hurdle is to understand the system of land measurement in Nigeria.

In Nigeria today, land is measured in Hectares, Acres, Square Meters and Square Feet. These measurements are affected by factors, which include development patterns, layouts human and other environmental factors.

Let's start by asking what is the size of a standard plot in Nigeria According to an English Dictionary meaning of a plot: A plot is a marked out piece of land for the purpose of building or farming. The word 'plot' is an arbitrary term used to describe a land division carved out for property development.

The size of a plot can vary for different reasons but according to Nigeria's land division, the appropriate plot for a house construction is 50ft x 100ft which can accommodate a standard house with a small compound. An example in picture below is one of our estate locations in the biggest golf course in West Africa, the popular Lakowe Lakes Golf sq Country Estates, located in Ibeju-Lekki. The layout was well done so that plots measure 450sqm there. In several others of our estates, plots measure 600sqm.
                                   

To better understand general land divisions used in Nigeria, different units of area are used as follows:

HECTARE
Hectare is one of the least known metric units and one which potential buyers and Estate developers seem to struggle with.

Hectare is the unit used for denoting a land measuring:

👉100m x 100m or,
👉328ft x 328ft or,
👉10,000sqm or,
👉 2Acres or,
👉15 plots.

ACRE
An Acre is a standard unit of measurement used by Land sellers and it is almost equivalent to the size of a standard football field. An Acre is a product of any rectangular plot of land giving a total of:

👉 4,046sqm or,
👉 43,560sqft or,
👉 6 plots (each measuring 60ft x 120ft)

PLOT
In Lagos State, the common standard size of a plot is 60ft x 120ft (18m x 36m = 648sqm), while in some other cities of the country, especially the Eastern parts, plots are commonly measured in 50ft x 100ft.

Do you like this piece of information? Comment appropriately in the box below. To see some of our properties CLICK HERE

Friday, 4 November 2016

PAY N2.5m AND MOVE INTO YOUR HOME



PAY N2.5m ONLY AND MOVE INTO YOUR HOME

"Do not say it is not possible, but endeavour to ask how it can be achieved" - Myself

INTRODUCTION: CASAVILLA Home Ownership Made Easy (H.O.M.E) initiative is a scheme that allows salaried & non-salaried income earners achieve home ownership within 12 months with a minimum deposit, and pay the balance over up to 15 years.

OUR OFFER: 3 bedroom semi-detached bungalows (all ensuite, all floors tiled, with POP roof finishing and 3 car parking spaces) selling at N8.5m. Price is all inclusive. No additional costs of documentation, development levy, etc. Construction of first batch is ongoing.

HOW IT WORKS: Fill out an application form; then:

  • make a down payment of N2.5m and move in after 6-8 months. Pay the balance of N6m with mortgage, over 15 years; or 
  • make N4m initial payment and pay the balance of N4.5m at your convenience over the next 18 months after possession; or 
  • make outright payment of N8.5m and take possession. 


MORE: BUY A PLOT OF LAND IN CASAVILLA ESTATE @ outright payment of N3m or make a down payment of N600,000 and pay the balance on instalment for up to 18 months. Wow! All at your convenience!!!


PROPOSED INFRASTRUCTURE: Electrification, Street Lights, Green Area (Relaxation Park), Good Road Network, Sports Arena, Perimeter Fencing, Drainage System, etc.

Call 08183567878 for more enquiry, inspection or subscription. CLICK HERE to contact us for other real estate investment options.

Thursday, 3 November 2016

Lagos Embarks on Automation System to Boost Land Administration


GOOD NEWS FOR LAND STAKEHOLDERS as we continue to bask in the euphoria of the new month, the penultimate one in 2016. C of O can now be processed easily.

To fast track and boost land administration in Lagos state, Lagos Lands Bureau has commenced an Integrated Land Administration and Automation System (ILAAS), that is expected to benefit prospective land seekers, investors and corporate bodies operating in the state, as the system is devoid of all forms of bottlenecks that could slow down and make difficult business of land transactions in Lagos.

Making this known, the Permanent Secretary of the state’s Land Bureau, Mr. Bode Agoro, said the state governor, Mr. Akinwunmi Ambode, has approved the deployment of the new system, while contract for the ILAAS has been awarded to a competent company.

Agoro, while speaking with selected journalists in Lagos, disclosed that the new system would be ready for use in the next 18 months. According to him, ILAAS is a sort of technology modules that can conduct rapid inventory of land rights, automate/manage land records, create/ maintain integrated geographic data accurately and fairly value any property.

Highlighting the advantage of the system to the Bureau and general public, the Land Bureau boss said the new innovation would reduce time frame for obtaining a Certificate of Occupancy to a maximum of 14 days, optimize revenue collected from land transactions; multiply land transactions and revenues by six times of the current level and reduce cost of land transactions, while increasing incentives for private sector investment.

He noted that to ensure speedy issuance of C of O , the state has fully embraced the E-Survey project, a digital electronic format in the production of survey plans, adding that 1,043 e-survey plans were produced within a very short time. These survey plans, he stated has been used for production of the e-C of O.

He added that when deployed, the credibility of the state land titles would be enhanced leading to land title guarantee. “This will also open up a secondary mortgage market in Nigeria. There will be rebirth of land title insurance where insurance firms would be able to insure land title issued by the government, thus giving the buyer complete peace of mind”, Agoro noted.

In preparation for its deployment , the permanent secretary said the Bureau is currently creating quality control units to vet and scrutinized land registrations, adding that all former documents would be scanned and converted to electronic modes. Besides, he disclosed that some of the staff of the Bureau has been engaged in trainings and reorientation on importance of punctuality, discipline and customers care.

“The new motto of the Bureau is professionalism, discipline and integrity. We have zero tolerance for corruption. For seamless land transaction in the state, ILAAS would provide for fully integrated end-to-end land administration platform for a sustainable and automated land administration environment, effectively reducing silos of information that exist across departments and agencies. The new system will eliminate problems associated with redundant data, increase accuracy by reducing manual entry errors, thereby streamlining the entire work flow process of the Bureau.

The deployment of the new technology would result in improved service delivery to policy and decision makers, businesses and private citizens more timely access to information “thus enhancing transparency while at the same time, increasing public confidence. This intervention is designed to manage information and automate business activities related to property rights registration, transacting and contracting real property and digital preservation of land-related documents”, the Permanent Secretary said.

An example of a land with C of O is seen in the picture below, going for N3m at the moment in the Lekki Free Trade Zone. To get more smart investment options, CONTACT ME HERE
Source: vanguardngr.com