StaffofOrayan:
This RUGA lover
Abeg swerve

StaffofOrayan:
This RUGA lover
Abeg swerve

Blue3k:


Lol another paranoid clown. You actually believes freehild labd system is inferior to the nonsense your military dictator cane up with.

StaffofOrayan:


It has been a blessing in disguise
An improvised people soon lose all their land
When the economy is stable enough for people not to sell their community to eat, we would change the laws

Section 22 of the LUA prohibits any person to whom the Governor has granted a statutory right of occupancy from assigning, mortgaging, transferring, subleasing or howsoever adversely dealing with the land against the terms of grant, without having first had and obtained the consent of the Governor. 

Under the LUA, each transaction will need to be signed off by the Governor, to approve land for the developers. 

Also, should those RSA holders seek to mortgage their titled property as collateral to obtain loans, they will need to get their assignment signed off by the Government. This makes Home Equity Line of Credit as a financing option very expensive in Nigeria. 

The LUA leads to transaction bottlenecks, is cumbersome, tiresome and creates  “negative wealth” as all land without C of O cannot be brought into any formal transaction.

That's a stupid arguement. Nobody loses anything because the land until they sell. The governor can already confiscate land for what ever reason. Prolonging use laws only harms investment in sector wheather you're selling or not.

None of that matters to you because you actually care about the economy or individual liberty. Most of you too dense for your own. First it's about ruga then you shifted goal post. Continue to be a mumu for your state governor.

myobjective:

What I still don't quite get is "when you say the land should be transfer to the people" do you mean the local chiefs, the subsistence farmers that has been using the land for ages or divided among all the indigenous families that can lay claim to that locality-eve at this, how will the land divided among these families?

I'm in support in giving the land back to the people because that will allow farmers, property developers and the general public to use the land more meaningfully for general economic activities but I want to know how this land will be distributed among people.

Blue3k:


That's a stupid arguement. Nobody loses anything because the land until they sell. The governor can already confiscate land for what ever reason. Prolonging use laws only harms investment in sector wheather you're selling or not.

None of that matters to you because you actually care about the economy or individual liberty. Most of you too dense for your own. First it's about ruga then you shifted goal post. Continue to be a mumu for your state governor.

StaffofOrayan:
The governor is supposed to be a representation of the majority of us, not our enemy,

https://foreignpolicy.com › why-is-s...
Why is Saudi Arabia buying up African farmland? – Foreign Policy
15 Jul 2009 · “There are 80 Indian companies trying to get land in Ethiopia, and it's all to be imported back to India. The government

https://www.theguardian.com › ...
Land grabbers: Africa's hidden revolution | World news | The Guardian
19 May 2012 · Vast swaths of Africa are being bought up by oligarchs, sheikhs and ... Ethiopia

A hungry people like Nigerians would gladly sell EVERYTHING they have for food, a state govt is at least a better custodian till the pride of the land matches economic realities!

DUMMY

Blue3k:


Homestead principle says land belongs to the person who settled on the land and making improvements. The second way is to buy said land. The land should be owned by individuals who have title or "hold" it already. Remember 97% of land is untitled.The people who have title or hold the land would simply formally register it with state. This just neccessary to track who owns what.

The complications come with communally owned spaces. There's probably local laws sd customs. The courts and llcsl legislatures sort that out. I hope this libertarian answer is satisfactory.

Blue3k:



The governor is not suppsed to be your Surrogate daddy loser. The fact he's a representative doesn't mean he should have Authority over land assets. Lol do you want the governor to control financial assets aswell?

Government and individual investors buy land all over the place. The japanese did the same in the 80s in the us. The chinese do it now in Canada and Australia. They'll simply bid up the price and help those hungry Africans. The government csn also dissuade rampant foreign ownership with laws and taxation on their purchases like Canada does.

They state is not better custodians of land clown. You can see it in the failure of them to develop farming sector and real estate sector. The rampant housing shortage in Nigeria is an effect this bad law. Your paranoid delusions and emotional appeals dont dispute facts. Lol you actually are a mumu for your governor.

StaffofOrayan:
Which sector of Nigeria has adequate financing?
Are you going to blame Nigeria's housing shortage of this particular bill?
It's funny how Abuja was able to develop so fast DESPITE the bill.
Fulani man you are quoting Canada? That's your biggest mistake.

Once again you are a DUMMY

Blue3k:


Other sectors like entertainment industry. The fact they wouldn't is also due to monetary policy. Abuja had federal money flowing in clown and investment. You already see how land use act hinders investment and drives up transaction cost.

Mumu Canada practices free hold system like Im advocating. You're proving my point showing Canada has individual ownership unlike Nigeria. They practice same system as the United States and UK. Lol your foolishness is too much. Read the article before trying to argue. Nobody said the government couldnt own land. Continue to be a mumu for your governor.

StaffofOrayan:
https://www.theguardian.com › ...
Half of England is owned by less than 1% of the population | Money | The Guardian
17 Apr 2019 · “Land ownership in England is astonishingly unequal, heavily concentrated in the hands of a tiny elite

Fulani man, freehold ko freemason ni
Which tribe seems to be so interested in Land use act and waterway bill that these Fulanis?
The only feudal tribe left in the Nigeria

DUMMY

The President said he was rejecting the Nigeria Inland Waterways Authority Bill based on the issue of funding and overlap of functions.

According to him, “The comprehensive definition of the Nigeria Inland Waterways covers virtually all rivers, lakes and lagoons irrespective of the location of the body. The bill contradicts provisions of the constitution which limits the power of the National Assembly to make laws in relation to water from sources affecting more than one state of inland waterways which has been declared to be an international waterway or inter-state waterway.

Source

12Monkeys:



Your mentor Rauf Odenni Aregberascal sold vast tracts of Osun virgin forests to Chinese loggers and miners.

Why did you not complain ?

I know why you are now championing the abolishing of having state governors as custodians of the land because it impinges on your precious Ruga policy

UKkev:
As a student of estate management and valuation. This is very much educative to me. Thanks to u all

ChimaAgbalajob:


Don't mind that silly Fulani terrorist.

I have said it, the Fulanis must be confronted in a war. There is NO WAY they will stop their evil machinations against the middle belt & southern Nigeria until they are made to also pay in blood as they do to other middle belt and southern communities.

Beachside:


An organized society like my sketch is not possible with freehold land ownership.

Beachside:
I get your point .
My personal method if I were in charge of Calabar or a Nigerian state: Demolish everything and compensate all home owners with equivalent money or land & house in the final product of the city planning .
My main concern and focus is on the city planning and structure itself ,not necessarily the land ownership. I'm undecided ,but I feel government should own all lands and only sell or lease large acres to property developers. Building codes and zoning laws are mandatory .

Blue3k:


Your comment is insanely stupid you lying clown. I'm guessing mental retardation is a dominant trait in your bloodline. The benefits of allowing individuals to own land is far greater. The governor doesn't have to be the custodian of land to stop federal take over. Eminent domain wouldn't give the FG the power to seize all the land at will either.

SmartMen:


This thing ruined a deal for me this year. About 9M would have walked into my account without hassle if not for the government acquisition on. It.

But we move.

GOD DEY.

Blue3k:


Awe that sucks. Better luck in the future. Maybe the non retarded/paranoid people will see the light and get this law repealed.