Lagos generates N8b from land transactions


The Lagos State government yesterday said it generated N8, 114,191, 292.35 as Internally Generated Revenue (IGR) from land transactions between May last year and March this year, the Nation reports.

The Permanent Secretary, Lands Bureau, Mr. Bode Agoro who spoke at the ongoing ministerial press briefing in Alausa, Ikeja, in commemoration of the first year anniversary of Governor Akinwunmi Ambode in office, said the feat was achieved through ingenuity.

He said the Bureau was able to rake in the revenue through the ingenuity introduced by the present administration which has devised means of blocking leakages in the financial system of the bureau.

According to Agoro, to actualise the vision and underscore its desire for a truly citizen-centred government, while considering the importance of land as a precious God-given resource, the bureau maximised the potentials of the state land resource and provided easy access to it for economic and social benefits of Lagos residents.

“We are resolved and committed to improve our ways of doing things, but more importantly, we pledge to infuse more transparency, accountability and integrity, individually and collectively, into land administration in the state.

“We assure the business community and corporate Lagos that the ease of doing business in the state will be improved upon.

“We are proud to inform you that our indefatigable and technology driven governor has approved the development of the Integrated Land Administration and Automation System which provides for a fully integrated end to end land administration platform for sustainable and automated land administration environment among others,” he said.

Agoro who frowned at the menace of land grabbers, popularly called Omo-onile, said to fast-track the prosecution of any offender of the law relating to land grabbing, the state the judiciary has been fully equipped to deliver prompt judgment in accordance with the Section 52 and 53 of the criminal law of Lagos.

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