The World Bank is partnering with the Federal Ministry of Housing and Urban Development to develop a new policy to expand Nigeria’s National Land Documentation and Titling Programme. The main goal of the Nigerian Liveable Cities project is to enhance the economic value of land through a solid increase in property formalisation. According to the ministry, less than 10 percent of the country’s land has been registered and titled, which is preventing property owners from utilising their properties for economic gains.
Also, the collaboration aims to achieve a 50 percent increase in land formalisation over the next ten years, which could result in releasing more than $300 billion in the capital. It emphasises a broad initiative that covers various sub-programs, including housing and property management, urban services delivery, Climate Change action, urban management and finance, and transportation. The Minister of Housing and Urban Development, Ahmed Dangiwa, discussed the collaboration, revealing that the ministry has created a program framework to be submitted to the World Bank Group for approval and execution.
Project aligns with land reforms and will support sustainable city growth.
He observed that this project aligns with the Ministry’s property reform goals and supports the creation of a National Land Commission to implement the Land Use Act. He mentioned that the Nigeria Urban Liveability and Mobility Programmatic Analytics and Advisory Services (ULM PASA) from the World Bank will offer technical assistance to both federal and state governments. The primary goal is to enhance development policies and programs in specific cities nationwide, ultimately improving liveability, competitiveness, and resilience.
Furthermore, the minister showcased various strategies undertaken by the federal government to promote the development of cities that are both sustainable and hospitable. Among these initiatives is the Renewed Hope Cities and Estates Programme, which aims to construct 50,000 housing units in its initial phase. Likewise, there is a focus on Urban Planning and Design, which prioritises using Eco-friendly Construction methods, effective waste disposal practices, and establishing green areas. The program seeks to drive urban areas across the country towards sustainable, inclusive, and resilient development by implementing thoughtful strategies and forming key partnerships.
Property documentation issues can be resolved with GIS and blockchain tech.
Throughout its history, Nigeria has struggled with difficulties documenting and titling property, repeatedly encountering formidable barriers. Previous attempts have repeatedly failed due to bureaucratic red tape, inadequate technological capabilities, and various social and political complexities. The complicated property tenure system, with many limitations, poses challenges for property owners in securing and maximising the benefits of their properties. Inadequate record-keeping, outdated laws, and restricted access to formal registration systems complicate the situation. Property disputes, lack of Investment opportunities, and economic stagnation affect development and growth in general.
Moreover, technological advancements provide effective methods for enhancing documentation and titling. Geographic Information Systems (GIS) allow for accurate mapping and organisation of records, and Blockchain Technology guarantees secure and unalterable transactions and verification of ownership. Digital registries make the registration process more efficient by increasing visibility and decreasing the chances of deception. Multiple countries have effectively utilised these technologies, leading to notable enhancements in property management. An example is how the combination of GIS and blockchain has improved estate ownership Security and attracted more investments, indicating the possibility of similar progress and financial development in various other areas.
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However, introducing the new policy brings about a series of challenges and uncertainties. Problems like illegal estate seizures, dishonesty, and opposition from established powers may delay advancements. Illegal property acquisition can result in the uprooting of communities and destabilising local economies, with dishonest practices further damaging confidence in the system and causing disparities in estate ownership. Opposition from individuals who profit from the existing system can delay changes. To address this challenge, it is crucial to create legal solid structures, implement strict measures against corruption, and engage local communities throughout the process to guarantee transparency, equality, and lasting viability.