Dr. Oluyinka Olumide, Lagos State Commissioner for Physical Planning and Urban Development, revealed in a recent interview that a whopping 80 percent of buildings in Ibeju Lekki lack official approval.
He explained that during a recent inspection in the area, it was evident that most estates were unapproved.
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Olumide outlined the procedure for obtaining approval, emphasizing the importance of knowing the zoning regulations for a particular area before proceeding with any construction. He pointed out that many people buy agricultural land without understanding its designated use, leading to unauthorized development.
He explained that during a recent inspection in the area, it was evident that most estates were unapproved.
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Olumide outlined the procedure for obtaining approval, emphasizing the importance of knowing the zoning regulations for a particular area before proceeding with any construction. He pointed out that many people buy agricultural land without understanding its designated use, leading to unauthorized development.
Furthermore, Jide Odusolu, CEO of Octo5 Holdings, highlighted how the masterplan for the Lekki Peninsula became distorted after 2010 due to rapid development. He mentioned that newer estates bypassed old regulations, leading to infrastructural challenges.
Similarly, Femi Oyedele, Managing Director of Fame at Oyster & Co. Nigeria, expressed concerns about the lack of coordinated layout plans in many estates, leading to chaotic development. He called for strategic demolition of unapproved structures to make way for planned roads, citing the need for a comprehensive restoration plan akin to what was done in Abuja.
Overall, stakeholders emphasized the need for better planning and enforcement to address the challenges of unauthorized development in the Lekki area.
This has shown the importance of thoroughly vetting properties before making a purchase in the real estate sector. With the prevalence of unapproved structures and regulatory challenges, prospective buyers must exercise caution and diligence to ensure they invest in compliant and secure properties.
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