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Nigeria tackles massive land registration issue, aiming to formalize over 50% of land within a decade.
Nigeria faces a significant land registration issue, with over 90% of its land unregistered, resulting in a $300 billion loss.
Minister Ahmed Dangiwa emphasized the lack of a systematic framework for identifying property ownership and the need for reforms.
The government aims to formalize land transactions, increasing registration from less than 10% to over 50% within a decade.
A new National Digital Land Information System (NDLIS) will centralize and digitize land records to reduce bureaucracy and corruption, supported by the World Bank.
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Nigeria aborda el problema del registro masivo de tierras, con el objetivo de formalizar más del 50% de las tierras en una década.