L
LequteMan
Guest
The Lagos State Government on Friday in Ikeja issued electronic Certificates of Occupancy (e-C of O) to 55 property owners in the state.
Gov. Babatunde Fashola presented the documents to the beneficiaries at a brief ceremony to officially kick-start the issuance of the e-certificates.
Fashola said that the migration from the paper title to electronic C of 0 was the state's response to the problem of document counterfeiting.
According to him, the illegal printing of the "Yellow Paper" by some unscrupulous people has affected the reliability of the paper C of 0 as a legal title to properties in the state.
"This new electronic document is more secure as it is designed to eliminate cloning and issuance of documents that are not genuine.
"Those issued with this e-C of O can be sure they have bought land rather than law suits. The new document guarantees safety of properties," the governor said.
Fashola said that the government would speed up the process of issuance of the new document to clear the backlog of applications.
He said those with authentic paper C of O had nothing to worry about as the old document still provided temporary legal cover on their properties.
The governor, however, stated that holders of the "Yellow paper" would soon be required to turn in their old document for the new e-C of 0.
Shedding more light on the new document, the Permanent Secretary, Lands Bureau, Mr Hakeem Muri- Okunola, said the issuance of the e-C of O was faster and less cumbersome.
According to the permanent secretary, applicants who fulfil all necessary conditions will be issued the document within 45 days.
Gov. Babatunde Fashola presented the documents to the beneficiaries at a brief ceremony to officially kick-start the issuance of the e-certificates.
Fashola said that the migration from the paper title to electronic C of 0 was the state's response to the problem of document counterfeiting.
According to him, the illegal printing of the "Yellow Paper" by some unscrupulous people has affected the reliability of the paper C of 0 as a legal title to properties in the state.
"This new electronic document is more secure as it is designed to eliminate cloning and issuance of documents that are not genuine.
"Those issued with this e-C of O can be sure they have bought land rather than law suits. The new document guarantees safety of properties," the governor said.
Fashola said that the government would speed up the process of issuance of the new document to clear the backlog of applications.
He said those with authentic paper C of O had nothing to worry about as the old document still provided temporary legal cover on their properties.
The governor, however, stated that holders of the "Yellow paper" would soon be required to turn in their old document for the new e-C of 0.
Shedding more light on the new document, the Permanent Secretary, Lands Bureau, Mr Hakeem Muri- Okunola, said the issuance of the e-C of O was faster and less cumbersome.
According to the permanent secretary, applicants who fulfil all necessary conditions will be issued the document within 45 days.
