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Lagos Don Launch Land Gist to Boost Revenue

Lagos State no dey rest o! Dem don launch new initiative wey go make sure say all the informal land spaces for the state go better well.

This big move na to stop people wey dey misuse land anyhow and to also bring money come Lagos pocket. This wahala na wetin dem talk during one big meeting for Alausa wey Lagos State Valuation Office hold. Permanent Secretary, Olumide Sotire, no carry last as e talk say dem go reclaim all those lands wey don dey abused since. E add say, “Lagos’ oil na im land. We go make sure say these lands go dey used well.”

Omo, Governor Babajide Sanwo-Olu don approve make Octagon Multi Projects come help dem with this hustle. Na all the Ministries, Departments and Agencies go join body for this matter because as dem talk, “For Lagos, every square metre matter.” E no be small thing o!

Director of the Lagos State Valuation Office, Esv. Dr Adekunle Awolaja, don shout say this one na big step inside land management. E assure say dem go follow through with wetin dem dey tasked to do, so people no go dey fear for wetin go happen.

Gbolahan Awonusi wey be CEO of Octagon Consultants, don yan say dem dey work hand-in-hand with Valuation Office and other people to identify land wey dey underdoco, and to value am well well. E no forget to remind everybody say dem get similar initiative wey don happen before wey dem value ₦800m, but now, e don turn ₦8bn. Na serious loss of revenue that be!

Awonusi talk say dem don increase the land wey go dey covered by this new plan from 2,000 hectares to 3,744 hectares, with over ₦3tn wey dey for ground if dem do am well.

“If Lagos fit document am well and develop am, e go increase in value plenty. Na wetin this initiative dey try to correct,” e conclude, dey tell say dem go pay compensation where e dey needed.

General Manager of Lagos State Informal Space Management Authority, Oludaisi Oso, don talk say this collaboration go help them to properly value all these lands, as dem gather to check some walkways too. Oso talk say dem go use the identified spaces well to boost revenue generation.

Lagos State Valuation Office don assure say this initiative go strengthen investment growth and improve the long-term money wey state fit gather.


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