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Friday, August 14, 2015

‘C of O ready in 8 weeks in Ondo


Property owners in Ondo State can now obtain titles for a minimum fee of N15,000 and maxi­mum of N25,000 even with the processing and delivery period of the cer­tificates pegged at eight weeks.

Giving details of the new deal at a stakeholders meet­ing in his office on Fri­day, the state governor, Dr Olusegun Mimiko said is­suance of Certificate of Occupancy in the state will be done within eight weeks for N25,000 in urban areas, maximum of N20,000 in semi-urban areas and maxi­mum of N15,000 in the ru­ral areas of the state.

He said the package is as a result of government’s digitalised Certificate of Oc­cupancy scheme, which he flagged off on Thursday with some beneficiaries presented with their cer­tificates . He enjoined the stakeholders to take advan­tage of the scheme because according to the governor, a house is useless to the own­er without the title.
The governor had, at the presentation of digitalised Certificate of Occupancy to beneficiaries at a well attended ceremony ear­lier on Thursday said the new digitalised Certificate of Occupancy will eradi­cate fraud and unnecessary gatekeeper or agents, add­ing that the new systemic titling of land registration is a way of moving away from the old order that can move the state forward.

He said getting a Cer­tificate of Occupancy is very important if the state is to develop and progress, stressing that a house with­out a title is useless added that the best legacy left be­hind in the developed world is estate.

The governor who as­sured the people that au­thentic Certificate of Occu­pancy is power to its owner that can be used as collater­al, added that the digitalised Certificate of Occupancy is the best in Nigeria and that land is a very important re­source.

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