Close Menu
    What's Hot

    BTCUSD- Bitcoin Price Dips as Buying Action Softens

    April 25, 2026

    Morgan Stanley Launches Fund for Stablecoin Reserves

    April 25, 2026

    Kenya Airways, African Mega Gains Boost NSE Index

    April 25, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, April 25
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    Home - MarketForces News - FG to Unlock $150bn Dormant Land Capital to Boost Economy
    News

    FG to Unlock $150bn Dormant Land Capital to Boost Economy

    Marketforces AfricaBy Marketforces AfricaAugust 14, 2025Updated:August 14, 2025No Comments4 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Fg To Unlock $150Bn Dormant Land Capital To Boost Economy
    Ahmed Dangiwa, Minister of Housing and Urban Development,
    Share
    Facebook Twitter Pinterest Email Copy Link

    FG to Unlock $150bn Dormant Land Capital to Boost Economy

    The Minister of Housing and Urban Development, Ahmed Dangiwa, says the Federal Government will unlock over 150 billion dollars in dormant land capital nationwide to boost economic growth. Ahmed made this known in a statement signed by the Director, Press and Public Relations, Badamasi Haiba in Abuja on Thursday.

    Dangiwa made the announcement at a Stakeholders’ Workshop on “The Nigeria Land Registration, Documentation and Titling Programme” (NLRDTP) in Lagos, themed “Moving from Inception to Implementation.” According to the minister, the government will unlock the dormant land nationwide through the National Land Registration, Documentation, and Titling Programme (NLRDTP).

    He explained that Nigeria’s current land administration system has less than five percent of land formally titled, thereby making individuals live on lands without secure proof of ownership. “Billions of naira in potential Internally Generated Revenue are also untapped for state governments, and an estimated 300 billion dollars in ‘dead capital’ for the Federal Government.

    The Land4Growth Programme is not just an administrative reform but a deliberate economic strategy under the Renewed Hope Agenda of President Bola Tinubu . “It seeks to turn land from a dormant asset into a productive engine for prosperity, for individuals, states, and the country as a whole.

    “It is designed to replace our fragmented, opaque, and paper-based system with a digitised, transparent, and efficient national framework,” he explained. Dangiwa informed that the programme aimed to increase formal registration of land titles by at least 50 per cent  within 10 years.

    He added that it would deploy standardised, interoperable Land Information Systems (LIS) and Geographic Information Systems (GIS), strengthen state land agencies and registries, and unlock over 150 billion dollars in “dead capital,” among other things.

    He listed some of the objectives of the “Land4Growth” programme to include securing land rights for individuals, communities, and businesses. He also said it would unlock land’s economic potential as a driver of credit, investment, and housing delivery, increase States’ IGR through vibrant, formal land markets and efficient property taxation, and more.

    The minister  emphasised that the initiative would be led by the states, supported federally, and coordinated nationally, respecting the constitutional authority of state governments over land as enshrined in the Land Use Act. He allayed the concerns of state governments by assuring them that states would maintain full decision-making power on land matters, with support from partners like the World Bank.

    This, he said, would ease financial pressure through funding, training, and technical assistance. Dangiwa also noted that the model is flexible and could adapt to the laws of the states while benefiting from national standards and interoperability, as well as public enlightenment campaigns to improve the collection of approved Certificates of Occupancy (C of Os).

    He informed that the initial phase of the programme would focus on 18 to 20 reform-ready states, targeting the issuance of over one million digital titles and the training of more than 2,000 professionals. “This will be supported by LIS and GIS deployment, a National Land Information Repository, and a Harmonised Land Governance Structure to simplify processes, cut transaction times, and boost transparency,” he added.

    On the benefits for citizens and states, the minister noted that individuals would secure land titles that would improve access to credit, reduce disputes, and enhance property values. He added that the  modernised records would boost internally generated revenue (IGR), attract investment, and enable better urban planning for states.

    Accordingly, he said the programme would be a foundation for sustainable housing, infrastructure, agriculture, and economic growth, on the national level. #FG to Unlock $150bn Dormant Land Capital to Boost Economy Nigeria Non-Oil Exports Hit $3.225bn in Half-Year 2025 – NEPC DG

    capital FG LAND
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Related Posts

    Cryptocurrency

    BTCUSD- Bitcoin Price Dips as Buying Action Softens

    April 25, 2026
    News

    Morgan Stanley Launches Fund for Stablecoin Reserves

    April 25, 2026
    News

    Kenya Airways, African Mega Gains Boost NSE Index

    April 25, 2026
    News

    UBA Grows Total Assets by 9.4%, Repositions Balance Sheet for Sustainable Growth

    April 24, 2026
    News

    GCR Affirms Development Bank of Nigeria AAA/A1+ Ratings

    April 24, 2026
    FX Market

    Naira Falls to N1,358 as FX Demand Eclipses Supply

    April 24, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    BTCUSD- Bitcoin Price Dips as Buying Action Softens

    April 25, 2026

    Morgan Stanley Launches Fund for Stablecoin Reserves

    April 25, 2026

    Kenya Airways, African Mega Gains Boost NSE Index

    April 25, 2026

    UBA Grows Total Assets by 9.4%, Repositions Balance Sheet for Sustainable Growth

    April 24, 2026
    Latest Posts

    BTCUSD- Bitcoin Price Dips as Buying Action Softens

    April 25, 2026

    Morgan Stanley Launches Fund for Stablecoin Reserves

    April 25, 2026

    Kenya Airways, African Mega Gains Boost NSE Index

    April 25, 2026

    UBA Grows Total Assets by 9.4%, Repositions Balance Sheet for Sustainable Growth

    April 24, 2026

    GCR Affirms Development Bank of Nigeria AAA/A1+ Ratings

    April 24, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    BTCUSD- Bitcoin Price Dips as Buying Action Softens

    April 25, 2026

    Morgan Stanley Launches Fund for Stablecoin Reserves

    April 25, 2026

    Kenya Airways, African Mega Gains Boost NSE Index

    April 25, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.