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Government to partner private investor to enhance operations of Lands Commission
Liquede Investment Unveils High Yield Real Estate Opportunities In Nigeria
The United States is currently experiencing a significant shift in its housing market dynamics
Government to partner private investor to enhance operations of Lands Commission
In a bid to modernize the operations of the Lands Commission and enhance its services, the government is set to enter into a contract with a Ghanaian-owned private investor.
This investor will inject $85 million into the Commission’s operations, with the contract agreement expected to be finalized between the Lands Commission and PDB Ghana Limited, a wholly-owned Ghanaian land administration company, by the end of this year.
The contract will have a duration of five years and is poised to bring significant transformation to the Commission’s operations.
During a familiarization visit to the Client Services and Access Unit of the Lands Commission in Accra, Mr. Benito Owusu-Bio, Deputy Minister of Lands and Natural Resources, made this announcement.
He mentioned that the government had entrusted the Office of the Attorney-General, the Ministry of Finance, Public Procurement Authority, and PricewaterhouseCoopers with the task of carefully scrutinizing the contract agreement to ensure it offers value for money. The agreement will also include clearly defined key performance indicators for the private investor to meet.
He expressed confidence that the injection of funds into the Commission’s operations would result in increased efficiency and improved service delivery. He also mentioned that there would be structural and administrative reforms aimed at boosting the Commission’s revenue generation and improving its public perception.
Still staying on this
Mr. Benjamin Arthur, the Executive Secretary of the Lands Commission, explained that the infusion of private capital into the Commission’s operations would enable the digital mapping of the entire country.
The resulting digital data would be accessible to various public and private entities for spatial planning purposes.
Mr. Arthur added that a National Spatial Data Infrastructure would be established, benefiting multiple agencies and generating revenue for the Commission.
He further elaborated that the repayment of the private investor’s funds would be spread over an extended period, funded through the Commission’s internally generated resources.
As part of its ongoing digitization initiative, the Commission has already introduced online portals.
In Nigeria
Liquede Investment, a unique player in the real estate investment sector, has unveiled its groundbreaking initiative aimed at helping investors discover high-yielding real estate investment opportunities, focusing on capital gain and passive income.
In an ever-evolving economic landscape, the quest for profitable and secure investments has never been more critical. Liquede Investment recognises the unique potential of Nigeria’s real estate market and is committed to empowering investors with unparalleled opportunities for financial growth.
In a press statement the company identified prime real estate assets poised for significant capital appreciation, allowing investors to unlock substantial returns on their investments.
In other news
The United States is currently experiencing a significant shift in its housing market dynamics, according to MoneyTalksNews. A generation that has long been characterized as renters is now making its mark on the real estate landscape.
In the MoneyTalksNews analysis, the millennial generation was approximated as being ages 25-44 as of 2022 — the combination of the 25-34 and 35-44 age cohorts.
From bustling cities to serene suburbs, millennials are redefining the map of homebuying in the United States.
This Silicon Valley tech hub offers high-paying job opportunities, making it an attractive destination for tech-savvy millennials. The desire to live and work near major tech companies like Apple, Google, and Facebook is a significant factor driving home purchases in this area.
Seattle’s booming job market, particularly in technology and healthcare sectors, has led to a surge in millennial homeownership. The city’s vibrant culture, beautiful landscapes and presence of tech giants like Amazon contribute to its popularity among young homebuyers.
San Francisco’s proximity to Silicon Valley, rich cultural scene and stunning views make it a prime choice for millennials.
Despite the high housing costs, many are willing to invest in the city’s real estate market due to career opportunities and lifestyle benefits.Austin’s thriving tech scene, lower cost of living compared to tech hubs on the coasts, and vibrant music and cultural scene make it an appealing destination for millennials seeking career growth and a high quality of life.
Boston’s concentration of world-renowned universities and hospitals, along with a diverse job market, attracts millennials looking for career advancement and educational opportunities.
Source : Property Express News – Joycelyn Marigold