Federal Gov’t Partners World Bank To Tackle Land Registration Issues

Federal Gov’t Partners World Bank To Tackle Land Registration Issues …C0NTINUE READING HERE >>>

The Nigerian Ministry of Housing and Urban Development has teamed up with the World Bank to address the land registration challenges in the country.

Currently, more than 90 percent of land is without title, thereby preventing access to an estimated $300 billion in potential capital.

The initiative with the World Bank aims to register all land parcels within five years, increase formal land transactions from 10% to 50%, and establish a National Digital Land Information System (NDLIS).

The…

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