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Obaseki Signs First Set of Electronic Occupancy Certificates

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  • Obaseki Signs First Set of Electronic Occupancy Certificates

A new land management system in Edo State managed by the Edo Geographic Information Service agency has kicked off as the state government has started issuance of the first set of electronic Certificates of Occupancy and title deeds to landed property owners.

Speaking after signing the first batch of the new electronic C-of-O at the weekly Executive Council meeting, Governor Godwin Obaseki said that the recertification process would ensure ease of doing business in the state.

Obaseki said that the electronic recertification process was another electioneering promise kept by his administration.

He noted that it was also a gift to citizens of the state, who before now had no legal ownership claim to their landed property to be used as collateral to access credit facilities.

The governor implored all members of the state executive council and citizens of the state to commence recertification of their property to avoid dispute.

He said, ‘’Every piece of property in the state is now captured through our Geographic Information System and title deeds are now available for every property in the state.

“We believe the electronic C-of-O is one of the tools we can use to assist our people to raise capital because many people have property and do not have a title on them to be used as collateral when they want credit facilities from financial institutions.”

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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