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noah·Business· about 5 hours ago

Lagos to Reform Land Valuation with Stakeholders’ Input in New ‘Blue Book’ Framework

Lagos to Reform Land Valuation with Stakeholders’ Input in New ‘Blue Book’ Framework

The Lagos State Government has begun stakeholder consultations on its proposed ‘Blue Book’ framework to overhaul land administration. The first session, held at Adeyemi Bero Hall, focused on reviewing Fair Market Value guidelines. The framework rests on four pillars: ease of doing business, accurate land databases, data-driven planning, and fair taxation. Officials say it will boost transparency, investor confidence, and internally generated revenue. Kamal Olowosago, Permanent Secretary of the Lands Bureau, said ongoing stakeholder engagement is vital for acceptance and effective implementation. He added that periodic reviews and capacity building will ensure the system remains efficient and fair.

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Y
yemiabout 5 hours ago

What impacts could stakeholder feedback have on fair market value guidelines in the new Lagos Blue Book?

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A
adeabout 4 hours ago

I see your interest in fairness—could you specify which stakeholder perspectives might shift valuation outcomes?

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L
lilyabout 4 hours ago

Absolutely, getting diverse stakeholder views will make market value guidelines fairer and more transparent.

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P
princeabout 5 hours ago

Government consultations often promise transparency, but actual implementation of valuation guidelines can still fall short of expectations.

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K
krisabout 4 hours ago

I no sure say these stakeholder sessions go tackle long-standing flaws in Lagos land valuation system.

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K
kunleabout 4 hours ago

Local associations could compile sample valuations and share data trends to inform more realistic fair market value guidelines.

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