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Tuesday, December 6, 2022

Cost of C of O crashes in Ondo

By Francis Akinnodi

The Ondo State Government has sensitised members of the public on reduced cost of getting Certificate of Occupancy(C of O) on property in the state.
According to the Chairman, Ondo State Internal Revenue Services (ODIRS), Tolu Adegbie, he said the sensitisation was necessary for property owners to be aware of benefits of the reduction.
“On January 4, 2022, Ondo State Governor, Arakunrin Oluwarotimi Akeredolu launched Home Ownership Charter of Ondo State (HOCOS).
“This scheme was designed to offer reprieve in getting C of O for home owners in Ondo State who have buildings or land but having challenges to get C of O.
“It is a brainchild of Mr Governor and we are just instrument of its actualisation. Before, it would cost you N600,000 to N700,000 in getting C of O and you would wait for about one to two years before getting it, but Mr Governor came up with this initiative of relieving these burdens in his second term in office.
“Now, it would only cost you N150,000 for a bungalow or one to two plots of land and within 60 days, your C of O will be ready for collection but this programme would only last for three months after which we go back to normal procedures,” he stated.
He urged all property owners, who were yet to have their documents, to benefit from the opportunity, adding that one could just get the form, which is N6,000 and after that payment, the remaining money would be paid while submitting the required documents.
“I will advise people to buy forms and have their names documented for processing.

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