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
No comments:
Post a Comment