The Epe Mixed Development Scheme and Labour City are ambitious projects by the Lagos State Government aimed at transforming Epe into a hub of economic and social activities. The NTDA, the agency responsible for new town developments in Lagos, is spearheading these initiatives to promote organized urban growth and prevent haphazard developments.
During a stakeholders’ meeting organized by the NTDA in Epe, the Permanent Secretary of the State Land Bureau, Kamar Olowoshago, addressed local concerns, assuring that the state’s plans would bring significant benefits to the indigenes and enhance their communities. He confirmed that no land would be acquired without proper compensation and urged community members to embrace the project and take ownership of it.
Government Acquisition of Untitled Lands
A critical aspect of these developments is the government’s acquisition of untitled lands in Epe. Lands without proper documentation, such as Certificates of Occupancy, Governor’s Consent, or approved Excision, are particularly vulnerable. The government’s stance is to regulate land ownership to facilitate planned development and prevent illegal settlements. This policy has led to the reclamation of numerous estates previously sold by real estate companies without proper titles.
During the stakeholders’ meeting, lawmakers representing Epe in the Lagos State House of Assembly, Tobun Abiodun and Sylvester Ogunkelu, voiced concerns over the land acquisitions. They questioned the adequacy of compensation for landowners and raised objections to the transfer of community lands to private entities without the consent of the indigenes.
Implications for Landowners and Investors
The government’s actions have significant implications for individuals and entities that have invested in lands in Epe without proper titles. Properties lacking recognized documentation are at risk of being reclaimed without compensation. This situation underscores the dangers of purchasing land without thorough verification of its legal status.
The Lagos State Government has assured indigenes of Epe and Ibeju-Lekki of adequate compensation for ongoing land acquisitions under the Epe Mixed Development Scheme and Labour City projects. The reassurance came during a stakeholder meeting organized by the NTDA in Epe.
The Role of the New Towns Development Authority (NTDA)
The NTDA plays a pivotal role in the current land administration in Epe. All land allocations in the region are now channeled through the NTDA, which is responsible for planning and developing new towns in Lagos State. This centralized approach aims to ensure orderly development and prevent the proliferation of unplanned settlements.
Precautionary Measures for Prospective Buyers
Given the current landscape, it is imperative for prospective land buyers in Epe to exercise caution. Engaging in thorough due diligence to verify the legal status of any property is essential. This includes confirming the existence of valid titles and ensuring that the land is not under government acquisition. Consulting with legal experts and relevant government agencies can provide clarity and prevent future disputes.
Conclusion
The developments in Epe highlight the complexities of land ownership and the critical importance of due diligence in real estate transactions. As the Lagos State Government advances with its developmental projects, stakeholders must stay informed and take proactive steps to safeguard their interests. Engaging with reputable legal professionals and adhering to established procedures will mitigate risks and ensure compliance with state regulations.
NB: This article is not a legal advice, and under no circumstance should you take it as such. All information provided are for general purpose only.
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