Ogun State Government’s latest land ratification policy will make life more difficult for residents and business owners, a financial expert, Mr Wale Soyode, has said.
He said this in a press statement signed by him, in which a copy was made available to journalists, describing the state government’s plan as ‘exploitative’.
This came after the Ogun State Governor, Dapo Abiodun, had announced a one-month moratorium for residents and entrepreneurs who have properties on portions of land already acquired by the state government.
According to the governor, anyone or company that has built on government acquired land has until November 30 to apply for ratification of their documents as the state has put in place a trustworthy and accessible digital platform providing matchless quality in the administration of land products and services.
Speaking during the launch of an Online Portal, Ogun State Land Administration And Revenue Management System (OLARMS) at the Tech Hub In Abeokuta, Governor Abiodun said, “OLARMS has Its primary focus on areas such as Titles Ratification Module for those that have built properties on government land that is under acquisition.
Soyode picked holes in the government arrangement, warning that the Abiodun’s administration must not begin to view land resources in Ogun as crude oil to increase Internally Generated Revenue but a reserve to bring development to the state.
He said, “Our Governor, please, don’t be a shylock with your ratification charges and phoney discounts. As a financial expert, I advise that you don’t charge more than 10-15 per cent of what you are currently proposing.
According to Soyode, land is a factor of production to begin the process of production and development.
He said, “The longer process of production is the process of employment of our youths and graduates, the process of shared prosperity and general welfare of our people.
“Please see the ratification exercise and the issuance of C of O as an element in the “Ease of Doing Business” in Ogun State; not as a final output, a crude oil to be sold once and done with.”
Soyode disagreed with the governor that land in Ogun State is as crude oil to Niger Delta, urging the government to erase such an idea from its regulations.
“In trying to make money by exploiting land stakeholders in November and December 2021, the Ogun State government is being short-sighted. Government should motivate the people to pay less on ratification but spend large private resources to develop their land and provide jobs and increase the output of goods and services on which Ogun State Government will make multiples of revenues in a short while,” he stated.
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