A nigerian newspaper and online version of the vanguard, a daily publication in nigeria covering nigeria news, niger delta, general national news. Media ownership patterns the ownership of the mass media namely. Beijing declaration and womens property rights in nigeria. The paper argues that land ownership structure in nigeria has evolved over the years until 1978 when a single land policy document, otherwise known. There are several aspects and dimensions of corporate governance, which may influence a firms. The media is said to take the coloration of where the practice is being carried out i. For example, progressive households may have both more legal ownership of land by. In the states in the former southern nigeria, the new structure as it concerns the maximal ownership title, represent a major departure from the pre.
Business partnership laws in nigeriaseries 1 properties. Few days ago, i was listening to an argument between two friends in lekki, lagos nigeria who are not legal minds on the issue of legal ownership and title of land in nigeria, whether or not the highest and safest form of legal ownership and title over landed properties in nigeria is the one conferred on by the certificate of. If you do not have the skills to write a the business plan yourself, you can buy our sample hair salon business plan in nigeria. Do not wait for issues to arise before perfecting the title. The need to know who owns what in nigerias extractive sector. Land tenure law of northern nigeria of 1962 and land use act of 1978. Leverage depicts the sensitivity of equity ownership in line with fluctuations in the fundamental value of an entity. Ownership structure and performance in the banking industry in nigeria aforka c.
A lot of literature has been written about ownership of land in nigeria but the focus of this essay is on who can own land in nigeria. Federal republic of nigeria personal ownership of land in nigeria is recognized if the relevant law and custom of an area permit it. Consequently the federal government of nigeria or the federal military government of nigeria became the successor to the ownership of what the british government or the british crown had in nigeria after october 1, 1960. Types of legal ownership of landreal estate in nigeria. Aug 22, 2004 nigeria in the last 44 years has been stolen by a cabal and turned to their own.
Pdf ownership and control of natural resources under the. The oil well has an obe oil field that has an estimation of over 500 million oil barrels. Who can own land in nigeria property advisory network pan. Methods of establishing land title in nigeria the legal responsibility of establishing ownership to land in. You are not forced to belong to any religion but you need to respect individuals for the religion group. This paper examines the land tenure regime in nigeria before and after the promulgation of the land use act 1978. Few days ago, i was listening to an argument between two friends in lekki, lagos nigeria who are not legal minds on the issue of legal ownership and title of land in nigeria, whether or not the highest and safest form of legal ownership and title over landed properties in nigeria is the one conferred on by the certificate of occupancy issued. The land tenure law of northern nigeria of 1962 stipulated that the minister responsible for. These instances mentioned above are ways of proving title to land and they are the only recognized ways before the nigeria courts. This does not mean that the law does not recognise traditional land title ownership like customary titles or ownership of land whose titles are not yet formalised, which fall under what is called deemed right of occupancy, in which case the holder can apply for a grant of certificate of occupancy. Get free research paper on land reforms in nigeria. The influence of media ownership and control on media agenda setting in nigeria international journal of humanities social sciences and education ijhsse page 38 3. Notably, leverage ratio can be independent, control and dependent variable in capital structure works. In nigeria, this right came with the land use act of 1978 which recognizes the right of occupancy as the only interest in land in nigeria according to okoronkwo 2009, the right inherent in the certificate of occupancy does not confer proprietary rights of ownership.
United states department of state bureau of democracy, human rights and labor. In order to avoid all these needless headaches and problems, there are four kinds of documents that will validate your land ownership and thereby elucidated below. This is approved for students in accountancy, business, computer science, economics, engineering, arts. Ibe anambra state university of technology, awka, nigeria. Shinkafi, being aware of the plot to topple shagari, and for some reasons known to him, tendered his resignation letter on health ground, but never hinted shagari of the plot. Conveyancing, as it is known, is the process by which ownership of land is transferred between a seller and a buyer.
Jun, 2014 they safely gave this conclusion on the fact that the land use act of 1978 the main legislation on real estate in nigeria has transferred the ownership of all lands to the government and it is. Trust law and the administration of real property in nigeria ibrahim abdulkarim department of private law, faculty of law ahmadu bello university, zaria, nigeria email. Abstract this paper examines the impact of ownership structure on the financial performance of listed insurance firms in nigeria. In addition, if the division of familyowned land is evident, this usually signifies an end to the communal or family ownership of the land. Nigeria is well endowed with forest resources, accounting for about 2. Does womens land ownership promote their empowerment. Hair salon business plan in nigeria unisex business plan. Capital structure and financial performance of listed. It is a persons unlimited and unrestrictive right to possess, use and dispose of land as he deems fit. Urban growth, land ownership and land use control urbanization as a process of human agglomeration in multifunctional settlements of relatively large size is not a new phenomenon in nigeria.
As depicted earlier, the land ownership structure in nigeria has evolved over the years. Ownership structure and performance of entrepreneurial firms. Be the first to feature your expertise related to forms of business ownership in nigeria post any content you may have that features your expertise, such as a text article with business tips, presentation, market report, etc. Apart from nigeria being seen to be in the vanguard of a global movement, the promotion, expansion and deepening of ownership disclosure of all companies that operate in nigeria s oil, gas and solid.
This is the place where it is most important that everything has proof and evidence. Newspapers published in nigeria have a strong tradition of the principle of publish and be damned that dates back to the colonial era when founding fathers of the nigerian press such as nnamdi azikiwe, ernest ikoli, obafemi awolowo and lateef jakande used their papers to fight for independence. In the states in the former southern nigeria, the new structure as it concerns the maximal ownership title, represent a major departure from the pre existing situation described in chapter two above. Introductionhistorical evolution of land law in nigeria. Buying land in nigeria is one of the common property law transactions, which is administered by various legislations depending on the jurisdiction in nigeria. Recent changes in legislation have entailed the revocation of all customary rights of. This is the place where there is need for legalizing over and over again to be sure of ownership.
This paper examines wider employee share ownership in developing and newly industrializing countries with particular emphasis on africa and asia. The information that nailed gusau was released by rafindadi, the nigeria security organisation director who took over from umar shankafi under shagari. What is the definition of legal ownership in nigeria. Understanding land ownership in nigeria tycoon acres. Nigeria in the last 44 years has been stolen by a cabal and turned to their own. In fact, there are many instances where the court has nullified a certificate of occupancy where the root of title is not found in one of the types of legal ownership recognized by the law. The influence of media ownership and control on media. Famoriyo institute for agricultural research ahmadu bello university zaria nigeria abstract 75 % of nigeria s total population of 70 million inhabitants live in rural areas, which explains how extremely important any measures concerning land change are in this country. Since 1999 nigeria has been practicing democratic governance.
Nigeria s commitments include training frontline health workers to deliver a range of contraceptives and action to improve equity and access to family planning for the poorest. For example, the right of alienation the transfer of land ownership may not exist or be difficult to apply to lands with communal ownership2 fao, 2003. In doing so, it looks critically into nigerias compliance with the 1995 beijing platform of action. Everything a businessman or entrepreneur needs to know about partnership laws in nigeria will be discussed in details but in series. The study uses panel data for seventeen 17 firms for the period 2001 2010 10 years.
It is for this reason it has been said that the study of land law is a. To give all the necessary assistance to the assignee towards procuring the governors consent and perfection of the deed of assignment. This paper examines womens property rights in nigeria. A mans right of ownership is not lost even where he grants possession of his. Nigeria, land reform activities presidential committee a b s t r a c t the nigerian federal government established a presidential technical committee on april 2, 2009 to undertake the reform of the land tenure situation in the country following on the.
Nigerian communications commission delivering broadband. Ownership structure and performance of entrepreneurial. Ownership constitutes the maximum right or interest that exists in land. From about twenty commercial and six merchant banks with a total branch network. The certificate of occupancy is the originating formal tittle for land ownership in nigeria. They safely gave this conclusion on the fact that the land use act of 1978 the main legislation on real estate in nigeria has transferred the ownership of all lands to the government and it is the government that can pass such ownership title in respect of land to individuals and corporate entities via the certificate of occupancy. Land certificate was usually issued to owners of land and landed properties when the property conveyancing law of. The issues of media ownership and control can never be overemphasized due to the dwindling situations surrounding media practice in nigeria. Religion is very pronounced in nigeria and it is a very sensitive issue. The magnitude of these transitions together exceeding the size of the entire country of ghana is unparalleled in the region. The number of people who own their own homes is one of the very major indices of measuring economic growth and development of the people of any country. Exploring digital divide in mobile phone ownership.
National open university of new english file advanced pdf free download nigeria. Thisis a document of title as to the ownership of a piece or large parcel of land issued by a governments land registry for registered freehold or leasehold lands in nigeria prior to the promulgation of the land use act of 1978. I am sure if a survey were taken, land matters would form the bulk of. Introduction the banking industry in nigeria is easily the fastest growing sector of the economy. It also identifies some factors such as customary and statutory laws as. Business organizations in nigeria come in different forms of ownership and these include. Nigeria is also the only country of the region in which agriculture has traded places with savanna, and doubled its area in 38 years, to make it the largest land cover type. The government of nigeria will partner with the private sector, civil society, traditional and.
Customers may be granted exclusive rights to use a line or an entire network structure. It is easy to set up and this form of business is usually adopted by small business entities. The impact of ownership structure on the financial. This act vests all land comprised in the territory of each state except land vested in the federal government or its agencies solely in the governor of the state, as trustee of the people. It is a practice that was hardly known to customary law. Where these are rendered electronically, the board shall ensure that they are sent in a secure manner. Land ownership and foreigners a comparative analysis of regulatory approaches page 1 fao legal papers online december 1999 1. Jun 01, 2017 a nigerian newspaper and online version of the vanguard, a daily publication in nigeria covering nigeria news, niger delta, general national news, politics, business, energy, sports, entertainment. Sep 06, 2016 when next you buy a land or a property, make sure you instruct your lawyer to perfect your title. In fact, there are many instances where the court has nullified a certificate of occupancy where the root of title is not found in one of the types of legal ownership.
Corporate real estate development in nigeria olaseni adetokunboh, iyiade aibinu, sam agbato page 3 even though the landowners will provide as much information as possible, it is up to the real estate developers to satisfy themselves before entering into a commitment to acquire a site. Name here of address here has sold my car, lorry, truck, bus, tricycle this is a sample name. The presentation of any of these title documents will help make such ownership claim or transaction become legitimate after proper verification from the appropriate government agencies in charge of all land and landed properties matters in nigeria. Jul 17, 2016 land ownership in nigeria 1 published july 17, 2016 july 16, 2016. Section 43 of the constitution of the federal republic of nigeria 1999 as amended confers the right of ownership of land to every citizen of nigeria. Archived from the original pdf on 21 november 2015. The basic legal framework for the acquisition of land in nigeria is the land use act, laws of the federation of nigeria 1990. The findings confirm that there is a significant relationship between ownership structure and performance of entrepreneurial small and medium sized firms in nigeria. Who are these people and why are they owners of nigeria. In some cases, two persons will be laying claims to the same land which could lead to legal quagmire. These are the 4 vital documents to prove land ownership in.
Maybe you have a property that you have not perfected the title, pick up your phone now and call ibeju lekki lawyer on 08034869295. Ownership of large percentage of shares in a firm according to barclay and holderness 1989 reduce the probability of takeover bids, reducing the value of the firm. Influences of media ownership patterns on media freedom and professionalism in nigeria independence led the people to organize nationalist movements. Secondly, the business plan helps the business owner to raise investors or raise loans from banks should there be a need for extra capital beyond the capacity of the business owner.
Land tenure, land use and land acquisition in nigeria. Country reports on human rights practices for 2018. Without land, without territory, there can be no nation state. This is a written procedure on how to write a change of ownership agreement form for a sale or higher purchase business. This study recommends that relevant government agencies. If you explain that in laymans language by using an average benchmark of 100 dollars per barrel and this is. Doing business in nigeria requires that you understand the religion and cultural values of each group.
Documents for vehicles taken for use outside nigeria 76. Ownership structure dominance, risk taking and bank. Against this background, this study analyses the conceptual issues affecting land ownership and inheritance among the people of ogbe community in ahiazu mbaise local government area of imo state, southeastern nigeria, as it were during the historical traditional era down to the contemporary times. Mobile phone ownership among nigerians with diabetes ncbi. Land ownership in nigeria 1 published july 17, 2016 july 16, 2016. I have to call them owners of nigeria because that is what i think they are and the rest of us are tenants.
As explained by adeniyiakinjiyan a real estate investment expert in his online publication. And this kind of media can only be possible where the media is free and uncensored or deregulated. Land use, land cover, and trends in nigeria west africa. Two key legislations have been enacted since independence. Before the enactment of the land use act, land certificates were issued. Introduction land is a fundamental resource of the nation state. Dec 05, 2017 documents to ask for when buying a land in nigeria. The two major religions in nigeria are christianity and islamic. The land use act being a federal stature established a uniform land ownership structure throughout nigeria. High leverage diminishes agency costs of outside equity and boosts corporate worth by limiting or. We rely primarily on existing studies and reports documenting gender relations in nigeria, but extend this further through the use of data collected via a detailed ediscussion with gender experts academics, activists and practitioners in nigeria. As a system of government, democracy is nurtured by a fair, vibrant and effective media. Partnership is a relationship existing between persons carrying on business with a common view of making profit. Human rights in nigeria are protected under the most current constitution of 1999.
An important enactment that changes the land tenure system in nigeria is the land use act of 1978, which to a certain extent remedies the disparities in relation to land between the land owner. By the rule of succession in international law, nigeria and not regions became the successor of great britain on october 1, 1960. The right to ownership and control of natural resources under the nigerian law is constitutional. It also examines the efficacy of the provisions of the act relating to the control. These few robbers have created dynasties for themselves and they pass us round. Many land grabbers omonile want cash for payment of land. Bo country guide nigeria stolen asset recovery initiative. Recent findings on mobile digital divide in nigeria are only. Land registration system in nigeria involves the establishment of the rights ownership to land. The constitution of the federal republic of nigeria 1999.
Aug 07, 2016 what to know about ownership of land in nigeria. Issues, problems and solutions project topics and materials in nigeria. Employee ownership in enterprises in africa and asia. The growth of these movements led directly to the birth of small newspapers.
1524 750 1586 398 818 1265 663 1391 1519 1460 345 333 1028 599 1182 5 11 1233 98 314 351 765 735 724 747 969 1265 543