22nd December, 2010
Governor Babatunde Fashola of Lagos State, south west Nigeria, has threatened to close the door against 7,000 allottees in various Government Housing Estates across the state over their failure to process their title deeds at the cheaper rates offered to them by government.
The state government had early this year open the door for the 22,000 allottees in government estates to obtain their title deeds at a rate ranging from N10, 000 to N20,000 depending on the type of estate occupied by the allottees.
At least, 15,000 allottees of the 22,000 have obtained their title deeds by paying the stipulated fees while 7,000 others have shunned the exercise.
The duration given by the government for the allottees has elapsed, but the state government had decided to give them a little time to allow the remaining allottees grab the opportunity.
After the final expiration, allottees who have not obtained their title deeds would now have to cough out over N100, 000 to process such documents.
At the presentation of title deeds to the first 500 allottees on Monday at the Adeyemi Bero Auditorium, Alausa, Ikeja, Fashola warned that the state government would soon close the door of grace against allottees who have refused to capitalise on the cheaper rate offered by the government as possession of title deeds would now be compulsory after the state House of Assembly passes a bill to that effect into law.
Fashola, whose speech was read by the Commissioner for Commerce and Industry, Prince Niyi Oyemade said “this group of people who are yet to sign have been informed through text messages and other contacts to come forward and sign their title documents.
“These allottees should note that their title documents can only be registered after signing them. Very soon, government will make the necessary announcement to stop collection of the concessionary rates from allottees who are yet to take advantage of the present drastic reduction of payable fees.
“Such allottees would then henceforth have to pay the normal statutory rate of perfection charges from which they are presently being exempted.â€
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