Chairman, Presidential Technical Committee on Land Reform, Prof. Akin Mabogunje, has said that the new land reform policy will not suppress the control of states over their land resources.
Mabogunje made the statement in Abuja at the opening of a two-day National Workshop, jointly organised with the National Orientation Agency (NOA), to educate the public on the policy.
He said the policy would rather give the states the opportunity to effectively harness the economic potential of their land as a valuable asset.
Mabogunje said it would also serve as an inventory for land occupancy and provide the basis for monitoring and controlling land use and allocation within the states. â€œApart from facilitating quicker and efficient processes of transactions in land, the ultimate outcome of the land reform will be to enhance the capacity of states and local governments to realise the inherent revenue potential in their land assets.
â€œIt will certainly provide a huge source of internally generated revenue for the operations of government while empowering individuals to derive many more economic benefits from their land holdings,â€ he said.
Mabogunje said an excellent land reform would optimize the use of land as an economic commodity with huge revenue potential to both the public and private sectors, adding that it would benefit the citizens in such areas as economic empowerment, poverty reduction, wealth creation and employment generation.