By Kolawole Olayinka, Abeokuta
Ogun State Government has granted 30 per cent reduction in the cost of land to investors acquiring government land in any part of the state, as a palliative to cushion the effect of COVID-19 on their businesses.
The Special Adviser to the Governor on Lands, who is also the director-general, Bureau of Lands and Survey, Mr. Aina Salami, said the reduction in fees and land charges was to support and encourage commercial and industrial investors. He added that it would also encourage them to invest in the state, “thereby creating job opportunities at this critical time.”
Salami said the beneficiaries of the palliative included applicants for government land in any part of the state, who had current letters of allocation of at least five hectares and were yet to make any instalment or full payment of their assessed land charges.
He said: “Others entitled to the offer are those who have been issued letters of allocation for at least five hectares of state land this year, whose offer has lapsed for non- payment or failure to make full payment of the assessed land charges as at when due.”
The special adviser noted that new applicants interested in acquiring government land up to five hectares and above in any part of the state were also eligible to take advantage of the palliative.