TLTB's Comprehensive Native Land Valuation to Boost Transparency and Investment

TLTB to Value All Native Lands, Boost Transparency and Governance

The iTaukei Land Trust Board (TLTB) is taking a significant step toward improved transparency and asset management by approving an extensive valuation of all native lands within its jurisdiction. This initiative, introduced by Chief Executive Solomone Nata during a board meeting on October 16, aims to provide essential data that will inform planning and investment decisions benefiting native landowners.

The valuation process will cover a total of 12,762 land titles overseen by TLTB, amounting to 116,197 hectares. This area comprises 56,700 hectares designated as reserve land and 43,312 hectares classified as leased land. Nata highlighted that data will be collected from various units, including Yavusa, Mataqali, and Tokatoka, ensuring that the boundaries of divisions, districts, and provinces are duly considered.

To guarantee accurate land valuations, independent valuers will determine each parcel’s tenure status—whether leased, unleased, reserved, or non-reserved. Additionally, TLTB plans to assess intangible assets linked to native land and to establish consistent valuation guidelines. A national registry will be created within TLTB’s database to house all valuation data, fostering a structured approach to land governance.

Once the valuation exercise is completed, the findings will be presented to the Board of Trustees. The initiative aims not only to enhance asset management but also to fortify decision-making concerning the future development of native lands.

This proactive initiative reflects TLTB’s ongoing efforts to resolve land ownership issues and improve land management practices. In recent years, TLTB has confirmed ownership of various parcels, thereby empowering native landowners and promoting economic development. Notably, the board has successfully restored 91 percent of Schedule A and B lands to their rightful communities, reinforcing its commitment to returning previously held lands.

These developments highlight TLTB’s broader dedication to creating a sustainable and equitable future for the iTaukei people. By enhancing land governance and management practices, TLTB is paving the way for better livelihoods and a promising outlook for the sustainable development of ancestral lands as it continues to work closely with indigenous landowners.

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