Abstract
CADASTRAL INFORMATION SYSTEM (CIS) – A VIABLE METHOD FOR HARNESSING THE ECONOMIC INTEREST INHERENT IN LAND: A CASE STUDY OF FEDERAL LOW COST HOUSING ESTATE, OYO, OYO STATE, NIGERIA
OKEGBOLA Michael Oketunde*, AJISAFE Benjamin Ifedeji, OLAOSEGBA Solihu Olalekan, OYEYODE Ajiboye Oyesiji, OYEBANJI Sunday Tomiwa
ABSTRACT
Our country is currently passing through one of the most perilous period of her existence as an independent nation economically. This chronic economic recession was down to the fall in the price of crude oil in the international market which is not unconnected to the global campaign promoting development of eco-friendlier energy sources. The current state of the nation?s economy is a pointed testifier to the need for government at all level to look inward and seek to diversify the economy to source funds even in times of combating the pandemic COVID 19. Land exists in no small quantity in Nigeria but while the Nigerian constitution granted the government control over the utilization of land, it seems the excess revenue from crude oil in the years past have blinded government at all levels to other viable sources of Internally Generated Revenue (IGR). Now the onus is now on all arms of government to drastically work toward salvaging the current economic situation before it turned crisis. Cadastre is a daily maintained record of interest in land. Because of the enormity of data involved in the maintenance of a Cadastre, Information Technology (IT) is now being applied. Cadastral Information System (CIS) helps to eradicate the irregularities found in most analog cadastral system and equally makes for efficient utilization of cadastral information. This paper demonstrates on a small scale how the aforesaid can be achieved. It also discusses some measures to be taken to ensure such effort achieve its general intendment. Conclusively, it implores government at all levels to develop a cadastral information system.
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