With the dearth of housing supply and rising demand, estate surveyors and valuers have urged the Federal Government to ease land administration by reviewing and enacting title registration laws in the country.
The surveyors, under the umbrella of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), in a proposal to the Minister of Power, Works and Housing, Mr. Babatunde Fashola, said that the Land Use Act has posed challenges to land administration in the country. They urged the Minister to approve the regulation proposed by the Presidential Technical Committee on Land reforms and the National Council of States, which will necessitate the title and register of land both in the urban and rural areas.
The NIESV also considered as poor or inadequate inventory of public or government fixed assets. “It is impossible at the moment to find a complete record of all Federal Government fixed assets in one location or lands department, which is ideally is government’s repository o such records.
“Apart from the loss or damage of records sites, government has not consciously invested in inventory of its fixed assets and creating a reliable database there from, is money well spent. Not only will it minimize the loss of government property, it will make portfolio management easier and critical decisions on rationalization of non-core assets can be taken transparently.”
NIESV President, Dr. Bolarinde Patunola-Ajayi, said that the institution plans to meet with the Minister, Power, Works and Housing to make official presentation of the matter.