The Director-General, Ogun Bureau of Lands, Biyi Ismail, on Wednesday disclosed that the bureau generated over N4 billion revenue between in eight months.
He said the bureau generated N86 million from survey/planning/building fees, N190 million from rent on government land while N116 million came from ratification of Certificate of Occupancy.
Ismail disclosed revenue generated by the agency while receiving members of the State House of Assembly committee on revenue, who were on an oversight visit in Abeokuta.
The director general said: “We also made N3.2 billion from plot allocation and layout fees and N49 million from of Certificate of Occupancy.”
While giving breakdown of revenue generated, he noted that N1.9 million was generated from inspection fees, N5.9 million from administration charges/fees, N407 million from governor’s consent and N2.5 million through charting fees.
Ismail hinted that the bureau also collected N4.1 million from documents, N7.9 million from certificate of true and red copy, N10.6 million from sales of bills of entries and N20,000 from sales of maps.
The director-general said the state remained the best in the country in terms of issuance of certificate of occupancy to land owners.
He disclosed that by December, the bureau would cleared about 90 per cent of the 70,000 applicants for the certificate of occupancy.
Ismail, who is also the Special Adviser to the governor on Lands, said inadequate funding and lack of operational vehicles to meet the increasing demand for field operations as some of challenges facing the bureau.
Responding, the Committee Chairman, Biyi Adeleye, said the committee was not out to witch-hunt the agency but to perform its constitutional responsibility.
Adeleye challenged the bureau to ensure a more coordinated and effective data management of land and related documents in line with international standard practices.