Govt pays iTaukei landowners $4.3 million for lease renewals

Govt pays iTaukei landowners $4.3 million for lease renewals

By Vijay Narayan
Monday 29/04/2024
Photo : File

The iTaukei Land Trust Board has received $4.3 million payment for outstanding Committee of Better Utilization of Land (CBUL) rent subsidy funds to the iTaukei landowners that were due in December 2023 from the Government.

A total of $101.5 million has been paid out to the iTaukei landowners under the CBUL initiative since 2008.

TLTB says the rent subsidy will be paid to landowners by the end of the month, without TLTB deducting poundage, who had agreed to the extension of agricultural leases, including sugar cane leases, and productively cultivated by the tenants. 

The Board says this payment will go some way to assisting landowners to meet the costs of preparing their children for the second school term and meet other essential needs of the families.

TLTB expresses its appreciation to Cabinet and the Minister of Agriculture, Vatimi Rayalu and to the Committee for their commitment to the landowners and to reward landowners for their selflessness and generosity in supporting the Government’s programs and initiatives for economic growth and development in Fiji through agreeing to the extension of leases and supporting the livelihood of families who rely on agricultural activities for their sustenance, maintenance, and wellbeing. 

TLTB says it will continue to support Government’s initiatives in agriculture, and programs in infrastructure development, in promoting the agriculture sector and the economy.

TLTB is geared to consider expired lease renewal 10 years in advance with the involvement of tenants and landowners.

FEATURE NEWS
People are passing their trauma to the next generation, and you can see it – Kiran
Assistant Minister for Women, Children and Social Protection Sashi Kiran says as people have been traumatised, they pass it down to the next generatio...
11 hours ago
LATEST NEWS
Power restored after lightning strike at Monasavu causes power disruption in Central and Western Division
Energy Fiji Limited has confirmed that power has been restored in areas affected by power outages in the Central and Western Divisions this ...
28 minutes ago

Prince William named world's sexiest bald man for the second year in a row
Prince William has been named the world's sexiest bald man for two consecutive years, after the royal recently debuted a more rugged look that left ...
53 minutes ago

Doctor Alipate Vakamocea to appear on fijivillage Straight With Vijay Narayan at 7 tonight
Fiji Medical Association President, Doctor Alipate Vakamocea will appear on fijivillage Straight With Vijay Narayan at 7 tonight. Minister for ...
4 hours ago

USP academics featured in global Top 2% Scientists List 2024
The University of the South Pacific (USP) academics are once again featured in the global Top 2% Scientists List based on their citations and ...
4 hours ago

Unexpected fault causes power disruptions in parts of Central and Western Division
An unexpected fault has caused disruption to the power supply which has affected customers in some parts of the Central and Western Division this ...
4 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
yb
IN DEPTH
Sporting federations demand answers from FASANOC
National sporting federations who are part of Fiji Association of Sport and National Olympic Committee or FASANOC, are still calling for answers and ...
5 days ago

Continuous Radiology and Pharmacy services are now expected at Government Hospitals
Serious concerns are being raised by the public as the Ministry of Health has decided that radiology services and pharmacies at Government hospitals ...
5 days ago

Ratu Wiliame Katonivere declines Presidential nomination after an internal audit and investigation report
Prime Minister, Sitiveni Rabuka confirms that President Ratu Wiliame Katonivere decided to decline Rabuka's nomination of him to serve a second term ...
6 days ago

TOP