Osun State Governor, Rauf Aregbesola has assured investors and residents of speedy processing of Certificate of Occupancy (C of O) to legitimately acquired property within 90 days of commencement of processing.
The Governor stated this at the presentation of N50 million cheque in support of Osun Certificate of Occupancy Fast track project (OCOFO) by Sterling Bank Plc at the Government House, Osogbo.
Aregbesola commended the bank for its partnership with the state, noting that the support from Sterling Bank will go a long way in strengthening the resolve of his administration to fast track the issuance of C of O in the state.
He added that with the OCOFO project, the 90 days of getting a Certificate of Occupancy for property will be made possible as opposed to the old regime where it took almost eternity to obtain one.
The Governor called on investors, residents and citizens of the state to take the opportunity of the new C of O regime and get titles for their landed property within the stipulated 90 days.
Aregbesola assured Sterling Bank that the state will account for every money the bank has given to support the scheme, saying the relationship shall be a win-win situation.
He said: "I want to use this occasion to call on our people to take this opportunity to have title for their property, a land gets value because of its title. A government title on a land is the only way you can identify your property.”
