As a way of creating an alternative means other than the cumbersome process of collecting the traditional Certificate of Occupancy, the Kano state government has commenced a Systemic Land Title Registration (SLTR) process.
The process anchored by Growth and Empowerment in State (GEMS3) and funded by the Department for International Development (DFID) involves a demographic data-mapping of valuable properties in the state.
The project is targeted to generate N1 billion from the issuance of SLTR certificates in three local councils of the state.
Speaking at awareness forum organized for journalists, GEMS3 media adviser Hajia Hadiza Abdullahi explained that SLTR was initiated to simplify the multiple processes faced by thousands of property owners before securing the traditional C of O.
She added that the new systemic certificate offers limitless economic and investment liabilities at low-cost charges.
Abdullahi, who described the new process as valid and possesses the same authority with the traditional C of O. She said the SLTR has a security of tenure, guarantees inheritance right and assures investment opportunity.
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She, therefore, urged land and property owners in Kano to avail themselves with the SLTR to guaranty investment opportunity on their valuables.
“Before the recent extension of its demographic data mapping to Tarauni local government, a pilot scheme of SLTR was launched in Dala and Fagge local government areas of the state with 30,000 certificates already issued to landowners.
“The SLTR Certificate of Occupancy, being issued at the cost of N5, 000 was targeted at creating an alternative means to the cumbersome process of the sporadic approach required for the collection of traditional certificate of Occupancy”, she added
Source: The Guardian