President Bola Tinubu has stepped in regarding the ongoing sealing of properties in the Federal Capital Territory (FCT) that belong to ground rent defaulters.
He has given them a 14-day grace period to pay their outstanding debts and get their documents in order.
This development was announced by Mr. Chijioke Nwankwoeze, Director of Land Administration in the FCT, during a media briefing in Abuja on Monday night.
Nwankwoeze stated that “enforcement began on May 26, 2025, on 4,794 properties revoked for non-payment of ground rent spanning 10 to 43 years.”
“Properties affected include those owned by government institutions, corporate organisations, and individuals. This enforcement reflects the FCT Administration’s commitment to executing its duties without fear or favour.
“However, by the intervention of President His Excellency Bola Ahmed Tinubu, GCFR, holders of the affected properties have been granted 14 days (two weeks) to settle the outstanding ground rents, including applicable penalties.
“For properties in the Central Area, defaulters are required to pay a penalty of N5 million in addition to the ground rent owed. Those in Maitama, Asokoro, Wuse II, and Guzape districts will pay N3 million as penalty alongside their ground rent arrears.
“Defaulters in Wuse I, Garki I, and Garki II will pay a penalty of N2 million in addition to the outstanding ground rent.
“Additionally, all individuals who purchased properties from others but have yet to register their interests by obtaining the mandatory Minister’s Consent and registering their Deeds of Assignment have 14 days to do so at the FCT Department of Land Administration,” Persecondnews quotes the Director as saying.
He also stated: “Furthermore, the Minister of the Federal Capital Territory, Barrister Nyesom Ezenwo Wike, CON, has also granted a 14-day grace period to all property holders in the FCT to pay their Right of Occupancy (R-of-O) and Certificate of Occupancy (C-of-O) bills, or risk revocation of their titles.
“Going forward, the Minister advises all property owners in the FCT to ensure timely payment of all relevant bills and charges to enable the government to continue implementing vital development projects for the benefit of the people.”
The Nigerian Railway Corporation (NRC) has condemned the destruction of multi-million naira...
World Bank Managing Director Anna Bjerde has hailed Nigeria as a global...
At least 79 Nigerians are set to be deported as the U.S....
The Federation Account Allocation Committee (FAAC) has shared N1.969 trillion, the December...
More than 2,500 residents of Damau village in the Kubau Local Government...
President Bola Tinubu has returned to Abuja after a five-day state visit...
A persistent deadlock over the distribution of ₦1.97 trillion has halted the...
Grief-stricken and seeking justice, a Nigerian family has raised the alarm over...
Nigeria’s House of Representatives has given the green light to the ₦58.47...
In a major boost for Nigeria’s tech landscape, President Tinubu has approved...
In a strategic move to fortify economic and security ties, Türkiye and...
Following a minor stumble during his reception in Ankara, the Presidency has...
The Defence Headquarters (DHQ) announced on Monday that a Special Investigative Panel...
The early morning calm and quietness of the Kado district in the...
President Bola Tinubu will depart Abuja on Monday, January 26, for a...
Hannatu Musawa, the Minister of Culture, Tourism, and Creative Economy, has warned...
After a week-long diplomatic and economic mission to Guinea-Conakry and Switzerland, Vice...
Clement Jimbo, the vocal House of Representatives member from Akwa Ibom, has...
The Supreme Court has finally ended the decades-long legal battle surrounding the...
Ogun State is poised to join the league of oil-producing states following...
Leave a comment