Business News

Covid-19: Ogun Grants 30% Reduction To Land Investors Across The State.

ABEOKUTA– The Ogun State Government has granted thirty percent (30%) reduction in the cost of land to investors acquiring government land in any part of the State, as a palliative to cushion the effect of Covid –19 on their businesses.

The Special Adviser to the. Governor on Lands who doubles as Director -General, Bureau of Lands and Survey, Mr Aina Salami noted that the reduction in fees and land charges was to support and encourage commercial and industrial investors, saying it would also encourage them to invest in Ogun State thereby creating job opportunities at this critical time.

Salami explained that the intended beneficiaries of the palliative included applicants for government land in any part of the State, who have current letters of allocation of at least 5 hectares of land and were yet
to make any installment or full payment of their assessed land charges.

Others entitled to the offer were those who had been issued letters of allocation for at least 5hectares of state land within this year, whose offer had lapsed for non payment or failure to make full payment of the assessed land charges as at when due.

The Special Adviser noted that fresh or new applicants interested in acquiring government land up to 5hactares of land and above in any part of the State are also eligible to take advantage of the palliative.

He said the offer would last till December 31st, 2020, pointing out that the Bureau of Lands and Survey would issue title documents (certificate of occupancy) to the beneficiaries of the palliative who made full payment of all their charges and other payable assessment within 30days.

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