Ambode signs, releases 2500 C of Os for property owners
Governor Akinwumi Ambode of Lagos State on Tuesday signed and approved the immediate release of 2,500 Certificates of Occupancy (C of O) to property owners across the state.
Executive Secretary in the Lands Bureau, Mr Olukayode Ogunnubi who disclosed this, said the development was in line with Ambode's effort to clear the backlog of C of O that was carried over from the previous administration.
According to him, “A clear distinction must be made that this present government wants Lagosians to maximise the economic benefits derivable from ownership of properties as evidenced by obtaining their legal titles.
“That is what we are trying to achieve and that is the reason why the Governor decided to clear all the back log, everything. Now we do not have pending C of O on our table,” he said.
“This will also contribute to the growth of the state's Gross Domestic Product (GDP) and ultimately the development of the economy of the state,” he said.
This action of the Governor was not different from the directive he gave to LASTMA few days ago to clear the backlog of confisticated vehicles.
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