The Federal Government has revealed that it will unlock more than 150 billion dollars in dormant land capital to drive economic growth.
The Minister of Housing and Urban Development, Ahmed Dangiwa, announced this in Lagos at a stakeholders’ workshop on the Nigeria Land Registration, Documentation and Titling Programme. He said less than five percent of land in Nigeria is formally titled, leaving millions without secure proof of ownership.
He explained that the plan also known as the Land4Growth initiative aims to secure land rights for individuals, communities, and businesses, boost state revenues through property taxation, and improve access to credit and investment.
The Minister stressed that the states will lead the programme, while the Federal Government provides support, funding, and technical assistance in partnership with the World Bank.
According to Dangiwa, the first phase will focus on 20 states ready for reform, targets one million digital land titles and the training of more than 2,000 professionals.
Dangiwa said the move will reduce land disputes, raise property values, and support housing, infrastructure, agriculture, and overall economic growth.