Cove Real Estate and Constructions Nigeria Limited has called for comprehensive structural reforms in land allocation processes in Rivers State, citing persistent challenges that continue to undermine investor confidence and slow property development.
In a position statement issued by Ehichioya Peter Odion, the company’s Chief Executive Officer, the firm highlighted recurring issues including land grabbing, multiple allocations of the same plots, prolonged documentation procedures, and community-related disputes.
According to the company, these challenges have created uncertainty within the real estate market and increased the risk exposure for genuine investors and developers.
The statement noted that the absence of a fully centralized and transparent land allocation system has contributed significantly to verification difficulties, costly legal disputes, and delays in construction timelines and housing supply.
Cove Real Estate emphasized that structured land administration models already operational in Lagos State and the Federal Capital Territory (Abuja) demonstrate how government-led allocation systems can improve title security, streamline transactions, and strengthen investor confidence.
The company urged relevant authorities in Rivers State to prioritize stronger enforcement of the Land Use Act, accelerate the digitization of land records, and implement a transparent allocation framework that allows citizens and investors to obtain land directly through structured government channels.
“Without decisive reforms, ongoing land disputes and informal allocation practices may continue to discourage serious investors and limit Rivers State’s potential as a thriving real estate hub in the Niger Delta,” the statement read.
Cove Real Estate concluded by noting that a structured land allocation system would not only safeguard property rights but also boost internally generated revenue and support long-term economic growth in the state.
