Certificate Of Occupancy Now N15,000 - Properties

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Certificate Of Occupancy Now N15,000 by Nobody: 1:00pm On Nov 25, 2016

Niger State government is to slash the cost for processing and acquiring a Certificate of Occupancy to a flat rate of N15,000 from the current N127,000, for urban-based property.
The new rate will take effect from January 2017, a government spokesperson, Jibrin Ndace, said Thursday.
The reduction, which will last for six months, will also see landowners in the rural areas paying as low as N5,000 for certificates of their plot.
This was disclosed on Thursday by the state Commissioner for Lands and Housing, Haliru Jikantoro, shortly after the state executive council meeting at the Government House Minna.
Mr. Jikantoro said the policy was aimed at enabling individuals prove the ownership of their landed properties, help provide means of creating wealth, as the certificate can be used as collateral for loan and to boost the Internally-Generated Revenue of the state.
According to the Commissioner, “The state government had decided to reduce the cost of processing and acquiring Certificate of Occupancy of all types of titles.
“This policy, which takes effect from January 2017 and last till 30th of June, 2017 for six months, is aimed at raising the Internally Generated Revenue of the state, to authenticate properties to genuine owners, ensure security and at the same time to create wealth for the people,” the commissioner said.http://www.premiumtimesng.com/regional/north-central/216235-niger-govt-cuts-c-o-fee-n15000.html

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Re: Certificate Of Occupancy Now N15,000 by Blue3k(m): 1:08pm On Nov 25, 2016

Nice I this is pretty good way to get more development. I think the should do it longer then 6 months. If possible make it permanent. Make sure houses are proper zoned as well.

Anyway they don't need the high fee in my opinion because the money generated from developing would supplement the low fees associated with processing the paper work. Maybe increase it higher to cover fiscal cost.

3 Likes

Re: Certificate Of Occupancy Now N15,000 by Chocogold: 7:06am On Nov 26, 2016

Let's wait till that January to see the changes. This how Buhari and his people promised us heaven on earth changes but what we see in now is hell on earth.

1 Like

Re: Certificate Of Occupancy Now N15,000 by admax(m): 7:06am On Nov 26, 2016

This is a good development, somebody has been using his or her brain. I wish FCT can do the same.

This has been the main reason why most farmers can't secure loan in the banks because they don't have a CofO for their land. Crashing the CofO price will really help in the creation of wealth for their indigenes.

Anyway, how much for one hectares of land in Minna?

1 Like

Re: Certificate Of Occupancy Now N15,000 by yomibelle(f): 7:06am On Nov 26, 2016

Good development

Re: Certificate Of Occupancy Now N15,000 by Nobody: 7:10am On Nov 26, 2016

Wise way to generate revenue.. I hope it will be used for the benefit of the 99%(the people) and not the 1%... Other states should take this up

1 Like

Re: Certificate Of Occupancy Now N15,000 by singwa: 7:11am On Nov 26, 2016

Please who knows the cost in Owerri should help me out

Re: Certificate Of Occupancy Now N15,000 by littlewonders: 7:12am On Nov 26, 2016

Nice development.

Today is another Saturday, two of my very close friends are in for a marriage bond and I was selected by both of them to be their best man. Unfortunately, I declined offer from either of them not to breed grudges over my area preference.

Now, am in house thinking of which to attend as both are of different states.

Occupation: Best man
Years of experience: over 5 years

3 Likes

Re: Certificate Of Occupancy Now N15,000 by benkenmusical(m): 7:13am On Nov 26, 2016

north ?even if is free

Re: Certificate Of Occupancy Now N15,000 by passionate88: 7:17am On Nov 26, 2016

boko haram

Re: Certificate Of Occupancy Now N15,000 by TroubleMaker47(m): 7:23am On Nov 26, 2016

Gud move.

Re: Certificate Of Occupancy Now N15,000 by horpeyvictor: 7:23am On Nov 26, 2016

that's a good idea to be sincere

Re: Certificate Of Occupancy Now N15,000 by teeboila(m): 7:27am On Nov 26, 2016

Re: Certificate Of Occupancy Now N15,000 by teeboila(m): 7:28am On Nov 26, 2016

benkenmusical:
north ?even if is free

Even the bible says fear north

Re: Certificate Of Occupancy Now N15,000 by ismart: 7:30am On Nov 26, 2016

passionate88:
boko haram

Re: Certificate Of Occupancy Now N15,000 by Nobody: 7:31am On Nov 26, 2016

Re: Certificate Of Occupancy Now N15,000 by Dsrooftiles: 7:34am On Nov 26, 2016

Okay

For Current price of Stone coated and Alum.. See here >> https://www.nairaland.com/3364135/roofing-sheets-cost-various-types

Re: Certificate Of Occupancy Now N15,000 by NaLaugh: 7:36am On Nov 26, 2016

Do Nigerian government offices now adhere to official prices?

Aren't these usually just the paper value?

1 Like

Re: Certificate Of Occupancy Now N15,000 by Onyenna(m): 7:50am On Nov 26, 2016

Nice one.. ..

Re: Certificate Of Occupancy Now N15,000 by ELAGAIE(m): 8:02am On Nov 26, 2016

benkenmusical:
north ?even if is free

We dnt even want u parasites up here.
Preparing to send ur relatives bak home

Re: Certificate Of Occupancy Now N15,000 by yjgm(m): 8:34am On Nov 26, 2016

This is indeed a welcome development

Re: Certificate Of Occupancy Now N15,000 by mrsfavour(f): 8:41am On Nov 26, 2016

While we are currently paying over 200 k here in Owerri.

Re: Certificate Of Occupancy Now N15,000 by Nobody: 8:53am On Nov 26, 2016

admax:
This is a good development, somebody has been using his or her brain. I wish FCT can do the same.

This has been the main reason why most farmers can't secure loan in the banks because they don't have a CofO for their land. Crashing the CofO price will really help in the creation of wealth for their indigenes.

Anyway, how much for one hectares of land in Minna?

Well there's 100X50 if you are intrested

Re: Certificate Of Occupancy Now N15,000 by Nobody: 8:58am On Nov 26, 2016

benkenmusical:
north ?even if is free

My brother thats what most Parent said some 20-25 years ago when Land was almost Free of charge in the north...Guess what...? Today they are still tenants in people's houses cause they felt its not worth it staying in Hausa land,believe you me,they are still regreting..

1 Like

Re: Certificate Of Occupancy Now N15,000 by Nobody: 9:23am On Nov 26, 2016

mrsfavour:
While we are currently paying over 200 k here in Owerri.

Note that it only lasts for six months. After the six months it will revert to the old price.

Re: Certificate Of Occupancy Now N15,000 by AleAirHub(m): 9:34am On Nov 26, 2016

littlewonders:
Nice development.

Today is another Saturday, two of my very close friends are in for a marriage bond and I was selected by both of them to be their best man. Unfortunately, I declined offer from either of them not to breed grudges over my area preference.

Now, am in house thinking of which to attend as both are of different states.

Occupation: Best man
Years of experience: over 5 years

Re: Certificate Of Occupancy Now N15,000 by alt3r3g0: 9:44am On Nov 26, 2016

This is a welcome development. I hope it can be extended across the nation.

Was at a seminar recently and one of the speakers mentioned this step as a way to promote development.

He mentioned that if the cost of C of O is reduced, many people will be encouraged to register and get thiers. This they can use as collateral for business etc, and also the goverment will also have more people to collect tax from. So a win win situation.

1 Like

Re: Certificate Of Occupancy Now N15,000 by Nobody: 9:56am On Nov 26, 2016

alt3r3g0:
This is a welcome development. I hope it can be extended across the nation.

Was at a seminar recently and one of the speakers mentioned this step as a way to promote development.

He mentioned that if the cost of C of O is reduced, many people will be encouraged to register and get thiers. This they can use as collateral for business etc, and also the goverment will also have more people to collect tax from. So a win win situation.

Bank loan is now given through this very important documents. So the governor is a real business man.

1 Like

Re: Certificate Of Occupancy Now N15,000 by kabrud: 10:54am On Nov 26, 2016

ELAGAIE:

We dnt even want u parasites up here.
Preparing to send ur relatives bak home

U dey mind dem? Who will give them even at the previous price? We don't even need them in our midst. If I have my ways I will pay them for the plots they have already acquired and send them to their yeas.t. We don't stay in their midst much but they keep infilterating us with their unacceptable ways.

Re: Certificate Of Occupancy Now N15,000 by ganasy: 11:07am On Nov 26, 2016

sammyomal:

Well there's 100X50 if you are intrested

Where?

Re: Certificate Of Occupancy Now N15,000 by Nobody: 2:04pm On Nov 26, 2016

ganasy:

Where?

Close to NYSC lodge, Around New Building material market,....

Re: Certificate Of Occupancy Now N15,000 by ArcToyin(m): 2:23pm On Dec 22, 2016

teeboila:
Even the bible says fear nTjereorth

There is curse in the bible attached to those that paraphrase the written word of God.

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