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DELTA STATE GOVERNMENT FAST TRACK 90 SCHEME DELIVERS ELECTRONIC CERTIFICATE-OF-OCCUPANCY [C-OF-O] TO PROPERTY OWNERS.

Categories: Economy,Headlines

Delta State Government FAST TRACK 90 scheme Delivers Electronic Certificate-Of-Occupancy [C-of-O] to property owners.

Delta State Government FAST TRACK 90 scheme has delivered Electronic Certificate-Of-Occupancy [C-of-O] to property owners.

The FASTTRACK 90 Days  innovative policy has enhanced the ease of doing business and property owners are now be able to obtain C of O within 90 days.

The policy according to the Governor was meant to remove all the inherent bottlenecks associated with acquiring legal titles for landed property which were disincentives to investments, stressing that with the new policy, land owners can obtain C of O with digital electronic features within a maximum of ninety days.

“One of the biggest disincentives to investors anywhere in the world is the high cost and delays associated with acquiring the legal titles to landed property, in Delta State, the process of obtaining Certificate of Occupancy [C of O] has over the years become very long, arduous, unwieldy, and opaque, often resulting in unofficial payments far in excess of the approved amount“, he said.

’FastTrack 90’, an innovative policy of this administration designed to enhance ease of business in the state, has been initiated to overcome the bottlenecks that have become a recurring decimal in obtaining C of Os, it will take a maximum of ninety days for land owners to obtain their C of Os from the Ministry of Lands and Surveys and the new system is fast, transparent and in line with global best practices”, the governor added.

Author: Africa Telescope

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