Lagos to Reform Land Valuation with Stakeholders’ Input in New ‘Blue Book’ Framework
The Lagos State Government has begun stakeholder consultations on its proposed ‘Blue Book’ framework to overhaul land administration. The first session, held at Adeyemi Bero Hall, focused on reviewing Fair Market Value guidelines. The framework rests on four pillars: ease of doing business, accurate land databases, data-driven planning, and fair taxation. Officials say it will boost transparency, investor confidence, and internally generated revenue. Kamal Olowosago, Permanent Secretary of the Lands Bureau, said ongoing stakeholder engagement is vital for acceptance and effective implementation. He added that periodic reviews and capacity building will ensure the system remains efficient and fair.
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