Landowners Paid $60m For Productive Land

Landowners whose leases have been productive have been paid $60 million in rent subsidy payments from 2008 till June this year.
This was revealed yesterday by the deputy general manager of the iTaukei Land Trust Board (TLTB) Solomone Nata during the handing over of 66 registered leases to cane farmers in Nawaicoba in Nadi.
Mr Nata said the total amount paid was 10 per cent of Unimproved Capital Value for these leases.
“The occasion brings much hope, security of tenure to our tenants and equitable return to the landowners for the use of their land,” he said.
MOU signing TLTB and Sugar Cane Growers Fund
A Memorandum of Understanding was signed between the TLTB and the Sugar Cane Growers Fund as an instrument to reaffirm their commitments and support for each other.
This is to provide better services and delivery to the tenants and farmers.
He added the event was another testimony of the importance of the sugar industry to our local communities and the national economy.
“The journey for the lease renewals for the 66 farmers were not smooth sailing and has been a challenge and have taken quite some time.
“The main one was the requirement by the Registrar of Titles that the survey plans need to be resurveyed to change the survey reference from deposited plan to survey office.
“The land was Crown Schedule A and was reverted to iTaukei land.
“TLTB in the end has to fork out the cost of survey totalling $84,155.75 so to proceed with the survey.
“It took some time to complete the surveys and the survey plans registered in 2018.
“When the survey was in process, TLTB in agreement with farmers, issued Instruments of Tenancies in the interim, to provide security of tenure and also for collateral purposes with SCGF.
“In consultation with the landowners TLTB, issued 50 years lease terms from the 30 years initially agreed.
“In doing these TLTB in agreement with the Sugar Cane Growers Fund and farmers, agreed to reduce surrender fee, transfer fees or even waive some costs to lighten the burden on farmers.”
Mr Nata thanked the landowners, the Yavusa Leweivunaniu of Yako village for their goodwill, faith and trust to support lease renewals. The landowners received over $500,000 as new lease consideration.
“TLTB remains committed to support the sugar industry in the facilitation of land and lease renewals.
“We look forward to work in partnership with SCGF, all stakeholders and the landowners to sustain the sugar supply to the mills that will generate many socio – economic benefits to the tenants, landowners and our communities.”
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