By Kayode Olopade
The Lagos State Government has reaffirmed its commitment to continuous stakeholder engagement on its newly reviewed fair market value document, popularly known as the “Blue Book,” as part of efforts to build a more effective, inclusive, and practical land administration system.
Permanent Secretary, Lands Bureau, Kamal Olowosago, made this known on Tuesday during a stakeholders’ meeting on the reviewed fair market value held at Adeyemi Bero Hall, Alausa, Ikeja. In
He said the initiative is expected to boost real estate development, strengthen the state’s land database, improve Lagos’ Ease of Doing Business ranking and global competitiveness, as well as increase internally generated revenue.
Olowosago emphasised that sustained engagement with stakeholders remains critical to ensuring the framework is widely accepted and effectively implemented.
Earlier, a Director in the Lands Bureau, Olawale Ojikutu, noted that the government has continued to involve the public in the review process to enhance transparency and build trust around the new valuation system.
In his remarks, the Head of Service, Bode Agoro, said the introduction of the Blue Book reflects ongoing reforms in land administration aimed at aligning property values with current market realities.
Represented by the Permanent Secretary, Ministry of Waterfront Infrastructure Development, Wasiu Olayinka, Agoro added that the state would sustain periodic reviews of the document and invest in personnel training to ensure efficiency.
He described the Blue Book as a cornerstone of good governance in land administration, designed to support the development of a more equitable, efficient, and liveable Lagos.
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