logo
Nigeria: Opening of new GRAs, digitisation of land allocation, property search grew Oyo's revenue — Akin-Funmilayo

Nigeria: Opening of new GRAs, digitisation of land allocation, property search grew Oyo's revenue — Akin-Funmilayo

Zawya04-07-2025
Commissioner for Lands, Housing and Urban Development, Mr Williams Akin-Funmilayo, has credited Governor 'Seyi Makinde's visionary leadership as the reason behind the state's increased Internally Generated Revenue (IGR), noting that the opening up of new Government Reservation Areas, digitisation of land allocation and title documents, among other initiatives, resulted in the massive leap experienced in the state's IGR.
Akin-Funmilayo, who stated this on Thursday while addressing pressmen at the afternoon session of the Omituntun 2.0 Inter-Ministerial Briefing, said about 15 GRAs were created through the public-private partnership model, while the ministry also introduced several initiatives, including electronic allocation letters, deployment of online allocation and plot selection on the Ministry of Lands' website www.lands.oyostate.gov.ng, as well as an amnesty programme for building permits and deployment of an online building permit platform.
All these initiatives, as well as the issuance of 17,046 digital title documents since the inception of the Governor Makinde administration, deployment of the Oyo State Property Reference System (OYPRS) for easy identification of properties and payment of land-based taxes, as well as the expansion of the tax net, have culminated in the ministry achieving improved revenues on a year-on-year basis.
According to Akin-Funmilayo, the ministry recorded increased revenue generation in the last two years of Omituntun 2.0, contributing the sum of N4.8 billion to the state's coffers in 2023, while it achieved N6.1 billion in 2024, with the 2025 revenue generation as of May 15 standing at N3.2 billion.
The Commissioner said the GRAs opened by the state government include the Engr. Lere Adigun GRA, which has been completed, while the Senator Rashidi Adewolu Ladoja GRA, Senator Isiaka Abiola Ajimobi GRA, Otunba Christopher Adebayo Alao Akala GRA, Chief Lateef Oyelade GRA, Signature Estate, Woodland Estate, Chief Michael Adeniyi Koleosho GRA, Baywood Gardens, Hon. Akinremi Jagaban GRA, Kolapo Ishola Land Phase II Extension, Akobo, Mokola Hill Top GRA, Tonabim Estate, Oyo GRA and Ogbomoso GRA are all under construction.
He said, 'As of today, we have some GRAs that are not yet in the market. The one at Alalubosa is not in the market yet, we are going to sell very soon. The one at Aerodrome is not yet in the market; we are going to sell very soon. The one at Agodi Gardens is also not in the market yet.'
He added, 'Cumulatively, from January to May 2024, we achieved N2.7 billion, while cumulatively from January to May 2025, we achieved N3.2 billion, which is an increase of about N500 million. For us to record that level of improvement we had to appraise ourselves; we did serious analysis and where corrective measures needed to be taken, we did just that.
'In the area of title documents issued, altogether, we had about 17,000 plus from 2019 to date. Out of that number, almost 8,000 were issued within the past two years, which means that about 9,000 were issued in the first term. Out of the number for the last two years, 4,570 were issued in 2024, which was the highest since 2019. In May 2025 alone, we issued 1,008. So, I can tell you that by December this year, we should be able to achieve about 5,000 issuance of these titled documents.'
He added that the ministry has also introduced innovations such as the digitisation of property cards and files in the Deeds Registry to protect and preserve historical data, as well as provision of Real Time Kinematic Digital Surveying Equipment for the use of surveyors to enhance surveying in the state.
Other achievements, he noted, include the new Land Use Charge Act, which has been signed and passed into law, the recruitment of 77 additional staff members into the ministry to improve efficiency, and the payment of compensation to the tune of N935,846,000 to property owners affected by the various infrastructure development projects of the state government, including the East Wing of the Senator Rashidi Ladoja Circular Road (N260,000,000.00); Ajia Junction Improvement Interchange (N139,000,000.00); Right of Way/Weigh Bridge of Ogbomoso/Iseyin Road (N23,846,000.00); and the Air Force Base, Ajia (N513,000,000.00).
Fielding questions from newsmen, Akin-Funmilayo said though the need to put up necessary infrastructure in the various GRAs being opened up by the government pushed up the cost of land in those places, he assured that the Makinde administration would achieve affordable GRAs for the middle and low-income classes before the expiration of the tenure.
The Commissioner added that the ministry was strengthening its processes to ensure that those putting up buildings in the state comply with the regulations with a view to stemming the tide of building collapse in the state.
'We will protect lives and properties in the state by ensuring that house owners and contractors comply with the building regulations in the state. We don't want to lose any life to building collapse. We also don't want our people to lose their properties. So, as a government, we will do what is required of us to stamp out building collapse in the state,' he added.
The Commissioner called on those putting up buildings to always get in touch with the ministry for approval and guidance before embarking on construction to guard against ugly occurrences.
On the ministry's projections for the future, the Land Commissioner said it would be focusing on house numbering in the coming months.
He said: 'House numbering is one of the promises we made and the digitalisation and archiving of all documents in the ministry. And, maybe the last is—let me also say independence—partial independence for the Physical Planning Department, which is to let it become a unit or a division on its own. We have already started the administrative work on it and maybe before the year runs out, we would have gone far on this vision.'
The Commissioner for Lands, Housing and Urban Development was accompanied by the top echelon of the Ministry.
Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (Syndigate.info).
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

TBK Developments forms strategic partnerships with global experts
TBK Developments forms strategic partnerships with global experts

Zawya

time5 hours ago

  • Zawya

TBK Developments forms strategic partnerships with global experts

Cairo, Egypt – TBK Developments, the real estate development arm of Tabarak Holding Group, has announced strategic design partnerships with two globally renowned firms specializing in urban planning and sustainable architecture. These collaborations aim to deliver two landmark projects in East and West Cairo, underscoring TBK Developments' commitment to reshaping modern urban living through innovation, integration, and human-centered design. In line with its vision to bring global best practices into the Egyptian market, TBK Developments is partnering with RECS Architects, the Italian firm known for its expertise in smart city planning and community-centric urban design, to lead the master planning of the 'Heliopolis' project in East Cairo. Spanning 240,000 square meters, the project will offer a contemporary urban model that harmonizes modern aesthetics with local character, contributing to the revitalization of one of Cairo's most dynamic districts. In West Cairo, TBK Developments is collaborating with HHCP Design Innovations, a leading U.S.-based architectural firm with over six decades of international experience, to bring to life the 'Sphinx City' project, a major development covering 800 feddans. Known for its future-focused approach to sustainable urbanism, HHCP will help create a next-generation community rooted in smart design, wellness, and environmental balance. These partnerships reflect TBK's strategy to deliver forward-thinking urban destinations that serve both residential and investment aspirations, while reinforcing Egypt's position as a regional leader in sustainable and integrated development. Ali Al Shorbany, Chairman of Tabarak Holding Group and TBK Developments, commented: 'At TBK Developments, we believe real estate excellence goes beyond delivering quality designs — it's about reshaping the very concept of community living. Our vision is to create integrated projects that serve a broad spectrum of needs, from space and lifestyle to long-term investment potential. These global partnerships embody our mission to exchange knowledge and develop urban solutions that enhance Egypt's position on the regional and global development map, particularly amid the country's growing urban expansion in East and West Cairo.' He added: 'At Tabarak Holding, we see development as a long-term responsibility — one that transforms landscapes, creates value, and reflects Egypt's potential as a smart and sustainable regional hub.' Eng. Bassem Al Shorbany, Vice President of Tabarak Holding Group and TBK Developments, also noted: 'These collaborations mark a pivotal milestone in our journey to deliver urban models that reflect the full potential of smart, future-ready communities. We're not just building homes — we're designing ecosystems that integrate green technologies, functional infrastructure, and seamless harmony between living, working, and recreational experiences. This is how we ensure the long-term value of our developments.' Heliopolis: A Mixed-Use Urban Vision. The Heliopolis project will offer a variety of units designed to accommodate diverse lifestyles — from luxurious residential apartments and hotel-style residences to administrative and medical facilities. The masterplan will also feature thoughtfully designed green areas, recreational spaces, and a seamless service network that ensures both residents and visitors experience urban convenience at its best. Sphinx Project in Sphinx City: A Sustainable Living Experience. Sphinx City will embody a holistic living concept inspired by nature, wellness, and openness. Designed around green zones and outdoor accessibility, the project will feature a variety of villa types and premium hotel apartments, complemented by strategically located clubhouses, schools, medical facilities, and recreational zones. Every element has been curated to promote a vibrant, integrated lifestyle from the ground up. About TBK Developments: Founded in 2019, TBK Developments is the newest development arm of Tabarak Holding Group and a rising player in Egypt's real estate sector. The company focuses on creating integrated residential, administrative, and commercial projects that combine aesthetic excellence with sustainability. With a land portfolio exceeding 4.5 million square meters, TBK Developments is committed to meeting diverse customer aspirations while maximizing long-term investment value. Its flagship project, 90 Avenue in New Cairo, exemplifies the company's ethos of delivering world-class living environments built on luxury, comfort, and innovation. About Tabarak Holding Group: Over 47 years, Tabarak Holding Group is one of Egypt's most enduring real estate developers. With a wide portfolio of subsidiaries — including Tabarak International, Tabarak Developments, and TBK Developments — the Group offers integrated real estate solutions across residential, commercial, and tourism sectors. Tabarak's strategic land bank exceeds 4.5 million square meters across prime locations in Egypt and Saudi Arabia. Driven by a legacy of quality and sustainability, the Group continues to build future-ready communities while enhancing its regional footprint.

Nigeria Expands Agro-Industrial Footprint with New Processing Hub in Oyo State
Nigeria Expands Agro-Industrial Footprint with New Processing Hub in Oyo State

Zawya

time6 hours ago

  • Zawya

Nigeria Expands Agro-Industrial Footprint with New Processing Hub in Oyo State

Oyo SAPZ will host up to 40 agro-processing industries, create over 100,000 direct and indirect jobs, and benefit half a million farmers. A great honour to do this on my last official visit to Nigeria as President of the African Development Bank Group ( – Adesina Nigeria has launched a new Special Agro-Industrial Processing Zone (SAPZ) in Oyo State, marking a major milestone in the country's efforts to boost agricultural transformation, job creation and rural industrialization. The groundbreaking ceremony, held in the Ijaiye community near Ibadan on Saturday, was attended by national and international dignitaries, including the President of the African Development Bank Group, Dr. Akinwumi Adesina who was making his final official visit to Nigeria in that role. Also in attendance were the Governor of Oyo State, Seyi Makinde, and Nigeria's Minister of Agriculture, Senator Abubakar Kyari. The Oyo site is the third to be developed under the national SAPZ program, and the first in southwest Nigeria. It follows earlier launches in Kaduna and Cross River States in April 2025. According to Dr. Adesina, "I believe that Nigeria can and must be a global powerhouse in agriculture. But you need investments to be able to do that. You also need industrial platforms that will connect primary agricultural production all the way to how you store products, how you process and add value, and how you ship to be able to sell. And that is what the special agro-industrial processing zones are really about.' The program is financed by the African Development Bank, in partnership with the Islamic Development Bank, the International Fund for Agricultural Development, and Nigeria's federal and state governments. Together, they have committed $538 million to the first phase of the program, covering seven states and the Federal Capital Territory. Covering 3,000 hectares, with 300 hectares designated for immediate development, the Oyo SAPZ is expected to host up to 40 agro-processing industries, create over 100,000 direct and indirect jobs, and benefit half a million farmers. Oyo State Governor Makinde hailed the launch as a fulfilment of promises made: 'Today is about promises kept. It is a strategic step on the journey of sustainable development. These hubs bring producers closer to processors and link farms to markets. They reflect our government's belief that agriculture is not just about food, it is about infrastructure, enterprise and national relevance. We're building a future where agriculture feeds not just homes, but industries; where it doesn't just sustain families but entire economies.' Representing Vice President Kashim Shettima, Nigeria's Minister of Agriculture, Senator Abubakar Kyari highlighted the SAPZ initiative's alignment with national priorities: 'Today's event exemplifies the spirit of partnership and shared vision that is vital to our nation's progress. The SAPZ initiative is one of the cornerstones of the renewed hope agenda championed by President Bola Ahmed Tinubu, a vision rooted in restoring Nigeria's dignity, unlocking our vast potentials and creating opportunities for every citizen.' Dr. Adesina underscored the transformative vision behind SAPZs, calling them essential to unlocking agricultural value chains and lifting millions out of poverty. 'The export of primary commodities is the door to poverty. The export of value-added commodities and products is a highway to wealth. It doesn't really matter what you have in terms of agricultural commodities, whether it is cocoa or coffee, or grains; if you're not adding value to it, it's actually going to make you poor. So, what we're doing here is to be able to unlock that value,' Adesina stressed. 'Our goal is very clear. It's to reduce massive post-harvest losses, develop logistics, and improve linkages between farm production, agro-processing, and value addition, transform rural economies, and, of course, to create jobs.' He outlined three critical pillars for the success of the SAPZs: political will, resource mobilization, and strategic partnerships. 'What we are witnessing today would not have happened without intense collaboration,' he noted. Reflecting on his 10-year tenure as President of the African Development Bank, Adesina highlighted milestones achieved under his leadership, including the Bank's capital increase from $93 billion in 2015 to $318 billion in 2024, and the two-time ranking of its sovereign portfolio as the most transparent among multilateral development banks globally The SAPZ initiative is a flagship of the Bank's 'Feed Africa' strategy, launched by Adesina in 2015. The zones are being developed in 28 sites across 11 African countries, with the Nigerian program being the largest. The chairperson of the Ijaiye Farm Settlers Association, David Olatunji, described Saturday's groundbreaking ceremony as 'a memorable opportunity' for the community and the state. 'We have a lot of unbroken forests around us, and the farmers are ready to work!' he declared. Dr. Adebowale Adeyeye, an agripreneur specializing in soyabean and cashew production and processing, said: 'The SAPZ project in Ijaiye is a strategic boost for businesses like ours. With targeted government support in areas like power, road access, and security, it creates the kind of enabling environment we need to scale operations, reduce costs, and attract long-term investment. It's a move that will strengthen agribusiness value chains and enhance overall competitiveness.' The SAPZ Programme is working to transform Nigeria's rural economy into zones of prosperity, by facilitating industrial processing, expanding market access, and attracting private sector investment. The Zones are being developed in 28 sites across 11 African countries, with the Nigeria program being the largest. Dr. Kabir Yusuf, National Coordinator of SAPZ Nigeria, announced plans to expand the program to an additional 10 states from September 2025, marking the beginning of the second phase that will cover the remaining States in the country. Adesina was accompanied by senior Bank officials, including the Director General for Nigeria, Dr. Abdul Kamara; Senior Special Adviser on Industrialization, Prof. Oyebanji Oyelaran-Oyeyinka; and Director of Agricultural Finance and Rural Development Department, Richard Ofori-Mante. Distributed by APO Group on behalf of African Development Bank Group (AfDB).

UBA Chairman Tony O. Elumelu calls for African governments to prioritize infrastructure & private sector investment
UBA Chairman Tony O. Elumelu calls for African governments to prioritize infrastructure & private sector investment

Zawya

time11 hours ago

  • Zawya

UBA Chairman Tony O. Elumelu calls for African governments to prioritize infrastructure & private sector investment

DUBAI, UAE – Tony O. Elumelu, Group Chair of United Bank for Africa (UBA), Heirs Holdings, and Founder of the Tony Elumelu Foundation has challenged African leaders to take decisive action in building a resilient continent while highlighting significant investment opportunities for Global partners including the Gulf in Africa's transformation journey. Delivering the keynote address on "Resilient Infrastructure, Human Capital, and Green Assets" at the 2025 World Bank and IMF African Caucus Meeting of 54 African member countries in Bangui, Central African Republic, Elumelu tasked African leaders with strengthening their continent's foundations while creating pathways for meaningful international partnership. Building Resilient Foundations "Africa's development is our responsibility. No one else will do it for us. Africa's future is in our hands," Elumelu declared, challenging African leaders to strengthen fiscal capacity, drive efficiency, and create enabling environments for international partnerships. The UBA Chairman emphasized that reliable electricity is crucial for Africa's industrial revolution, noting that "no industrial revolution or meaningful progress can occur on the continent without reliable electricity." Youthful Demographics Create Market Potential Elumelu highlighted Africa's demographic advantage as a key opportunity for global investors, noting that over 60% of the continent's population is under 35 years old. "Africa is the youngest continent on earth. Our young people are the answer to the world's demographic crisis, our minerals power the extraordinary technological changes we are experiencing, and our fields can feed the world," he explained. This demographic profile creates substantial market opportunities for global partners in sectors including telecommunications, education technology, financial services, and consumer goods, particularly as the continent builds resilient economic foundations. Framework for Stronger Partnerships Elumelu emphasized that successful partnerships must be built on "genuine partnerships of equality and mutual respect," ensuring African development occurs "on African terms" that benefits African people and catalyzes true value creation across the continent. His message comes as Dubai's trade with Africa is forecast to grow 10% annually over the next five years. This trajectory, combined with his call for resilient infrastructure development, creates compelling opportunities for global partners. UBA's DIFC branch strengthens UAE-Africa financial flows, facilitating trade and investment between the regions. With Africa's GDP expected to reach $2.6 trillion by 2030, strategic infrastructure investments from international partners could unlock significant economic value while supporting sustainable development across the continent. About UBA Group United Bank for Africa Plc (UBA) is a leading pan-African financial institution with operations in 20 African countries and international presence in the USA, UK, France, and UAE. As Africa's Global Bank, UBA connects businesses and investors worldwide to opportunities across the continent. Visit for more information.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store