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"speaker_name": "Sen. Orwoba",
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"content": "Thank you, Mr. Deputy Speaker, Sir. As I rise to support and probably belabour the points that have been submitted by my colleagues, I also take this opportunity to ask very pertinent questions on the Floor of the House and the sponsor of the Bill. It is imperative that our public institutions are mapped out and have title deeds. We are talking about schools, universities and all these public entities, including spaces such as Parliament. I have many Bills and every time I sit with the Directorate of Legal Services and the drafters of those Bills, I am always advised to legislate for future and looking at a wider perspective of whatever you are trying to resolve. Mr. Deputy Speaker, Sir, as we push for all the title deeds for all these spaces, including schools and all these institutions, I want to reference the clause that says, “Pursuant to Section 58 and paragraph 7 of the Third Schedule to the Physical and Land Use Planning Act, 2019, the registrar shall register land set aside by persons or a land buying company for a public purpose consequent upon proposed development.” Clause 14 also talks about a public body or an institution getting their title deed and that it is going to be mandated by the registrar. My question is, once these title deeds have been issued, do these institutions and entities then operate in the commercial space as any other institution? Does that mean that if a school gets their title deed, are they free to use their title deed, for instance, to acquire a loan or acquire an asset or whatever we use title deeds for? I want to understand because the amendment that has been tabled does not give us clarity on what these title deeds are going to be used for. We are in the era of the affordable housing project. What happens to this kind of venture such as affordable housing project? Where is the title deed going to be domiciled? Who is going to own the title deed of that unit in the affordable housing project? Does that mean that if I am a beneficiary of the affordable housing project, do I also get a share of the title deed and I can use it for whatever purpose, including to secure loans, do business with it or asset financing? The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate."
}