Lands ministry should ensure equitable returns to resource owners: Radrodro

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Standing Committee on Public Accounts member Aseri Radrodro rasises and issue at Parliament yesterday. Picture: JONA KONATACI

THE Land and Mineral Resources Ministry should ensure there are equitable returns for resource owners around the country that invest their land under the land bank, says SODELPA MP Aseri Radrodro.

He said the purpose of the land bank was for economic generation.

“I would be interested to know the returns to landowning units,” Mr Radrodro said as the Public Accounts Committee scrutinised the ministry’s audit report on the management of land reform program yesterday.

“The ministry must ensure there is equitable return to the landowners.”

Government MP Vijendra Prakash said it was important that landowners were given an equal share under the land bank.

Land and Mineral Resources Ministry permanent secretary Malakai Finau said they had conducted financial literacy training for landowners.

“We bring in banking experts and investment agencies because the most important thing is how they use their money,” he said.

“Most of these landowners don’t have bank accounts and we help them set up their accounts.”

Mr Finau said they would return the land to the landowners if the ministry could not lease it out.

He also said that Naitasiri topped the list of provinces that had land under the land bank.

Mr Finau said they would carry out a survey once the land was ready to be leased out.

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