Friday 25 November 2016

Niger State to slash C-of-O fee to N15,000 from N127,000

The Government of Niger State says that it plans to effect a drastic reduction in the cost of issuing Certificate of Occupancy from the current fee of N127,000 to N15,000 with effect from January 2017.

Commissioner for Lands and Housing, Alhaji Haliru Zakari Jikantoro made this known to newsmen at the end of the State Executive Council meeting at the Government House Minna.

He said that the measure was intended to boost the Internally Generated Revenue of the state and would last for only six months, terminating in June, 2017, after which the  old rate of N127,000 would be reverted to.

“The state government has decided to reduce the cost of processing and acquiring Certificate of Occupancy of all types of titles. Land in the urban areas will now cost N15,000 while the Certificate for land in other towns will attract N5,000.

“This policy which takes effect from January 2017 and last till 30th of June, 2017 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," he said.

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