Land Digitization, GRAs Push Oyo’s Revenue to N3.2bn in Five Months

…As Akin-funmilayo highlights improved transparency and revenue as state targets 5,000 titles by year-end.

Oyo State government have disclosed that the Ministry of Land and Urban development have generated revenue of N3.2 billion in five months through the opening of new Government Reservation Areas (GRAs), and digitization of land allocation to the state internally generated revenue.

This was revealed by the commissioner for Land and Urban development, Akin-funmilayo at the Inter-Ministerial Briefing, revealed that about 15 new GRA’s have been developed through public-private partnerships.

The Commissioner noted that revenue from January to May 2025 exceeded the same period in 2024 by N500 million, reflecting deliberate improvements and corrective actions within the Ministry.

He also revealed that Title document issuance reached a peak in 2024 with 4,570 titles issued, and over 1,000 titles were issued in May 2025 alone, with a target of 5,000 by year end.

While responding to questions from Journalist, Akin-funmilayo acknowledged that infrastructure development have increased land costs in new GRAs but assured that affordable housing options for middle and low-income residents remain a priority before Governor Makinde’s tenure ends.

The Commissioner reaffirmed the Ministry’s commitment to enforcing building regulations to prevent building collapses, pledging to safeguard lives and properties.

He urged developers to seek proper approvals before construction.

Akin-funmilayo revealed the ministry plans to implement house numbering across the state, continue digitize and archiving documents, and grant partial independence to the people Physical planning Department, elevating it to a distinct unit.

The Commissioner who was accompanied by Senior officials from the Ministry during the briefing.