I am beginning to wonder when Lagos State will resume granting excisions to villages in the Ibeju-Lekki/Epe axis so that their lands can have more value and can attract reputable investors. The most recent gazette I have seen were issued in 2012. For years now, through the help of real estate companies and land title sponsors, a lot of villages/communities have submitted applications for excision but they have not been granted. This is the main reason why there are so many real estate companies selling land in the Ibeju-Lekki axis with “excision in process” title. These companies don’t know when or if their application for excision will be granted but they have a lot of potential customers who are eager to buy from them. So, what do they do? They sell the lands to these people at cheap rates (because it has no title).
The government really has to look at all the applications for excision they have received in the past years and grant those that will be granted and publish gazettes as quickly as possible so everyone can know where they stand. The amount of people who have bought land and can’t build or can’t get an allocation is alarming. A lot of hard-earned money has been tied down because of these lands that are under government acquisition but have been sold to people. And if the government knows that they won’t be granting excisions anytime soon, they should let everyone know through publications in the newspapers and other media.