Lagos monarch pledges to secure property rights of allottees

The Oniru of Iru land Lagos, Oba Omogbolahan Lawal, Abisogun II, says the focus of his kingship is on the security of the property rights of allottees in the kingdom.

Oba Lawal who was speaking at the commissioning of the Oniru Chieftaincy Family Estate Office located on Water Corporation Drive, Oniru, Victoria Island, Lagos, noted that adequate security of the property rights of allottees is one of the indicators of a friendly investment planet.

He explained that the commissioning of the Office was to assure all sons and daughters of Iru land that their landed properties would never be devalued under his reign.

The Oniru noted that the chieftaincy family estate office would see to the progress and challenges of the allottees on issues relating to real estate, buying of lands as well as environmental concerns across Iru Land.

“We have come here today to officially commission the Oniru Chieftaincy Family Estate Office. This is in compliance with the family’s authority in place.

“It is important to also note that the family used to have a property company but it dissolved and the power of attorney of the company has been revoked by the Kabiyesi and the family head of the three ruling houses- Abisogun, Akiogun and Ogunyemi ruling houses.

“This is the office that will now see to the challenges, issues and progress of the allottees. As a matter of fact, security of property rights which is one of the indicators of a friendly investment planet is what this office will focus on.

“Instead of us using another company, we resolved that the family should run its affairs by sons and daughters of Iru land,” he said.

More comfort

According to Oba Lawal, the chieftaincy estate office would grant investors an unrivalled convenience as well as letting investors, both present and prospective to know that Iru Land was customer-centric.

He also mentioned that the office would put all issues related to allottees first by giving them a conducive environment to conduct their businesses and transactions.

The Oniru who acknowledged that the infrastructure in Iru Land needed to be up-scaled while the existing ones are regenerated, however, noted that the office was already in discussion with the Lagos State Government to ensure that all the 3,043 residents under the watch of Iru Estate have access to potable water.

Oniru said: “The benefit of this place generally is investors’ convenience. It is important to let our allottees know that we are customer-centric. In this case, our allottees are our customers, we gave the title, we made agreements with them and so, they are our customers.

“We want to assure them that we have not come to devalue their properties or hijack their properties. We want to make them know that under my watch, I will never do anything to reduce the value of their properties at any point in time.

“You must have seen the level of infrastructures on ground, we need to upscale the infrastructure and regenerate the existing infrastructure.

He assured all allottees, Lagosians and Nigerians in general as well as sons and daughters of Iru land that it is a new beginning that would be beneficial to all, including residents, indigenes and non-indigenes.

Experience counts

Also speaking at the occasion was the Special Adviser to the Lagos State Governor on Urban Development, Mr Ganiyu Ayuba who appreciated the passion, expertise and experience that the Monarch will bring to bear for the development of the kingdom.

According to him “Security, infrastructure and environment are the focal points of governance; If the Kabiyesi can assist in coordinating his kingdom like this, then we are excited and we enjoin all other traditional rulers to emulate him.”

Increasing confidence

The Managing Director, Oniru Chieftaincy Family Estate Office, Prince Musiliu Ajasa also stated that office was created solely with the residents and investors in mind.

Ajasa stated that the essence of the office was to increase stakeholders’ confidence in the affairs of the estate, particularly on issues such as security, infrastructure, environment and sanitation, among others.

He said that Iru Land had a working vision and as such had commenced the implementation of some policies and projects such as rehabilitation and reconstruction of roads within the estate, construction of a well-equipped health centre of international standard.

Another member of the Oniru ruling houses, Prince Olumide Oniru, said that the idea behind the office was to speed up development adding that the office would be technologically driven and well-mannered.

He noted that the affairs of the office would transcend beyond the present as it would be about future prosperity and development of Iru kingdom.