Wednesday, June 18, 2025
More
    HomeNewsFCT Ground Rent: Tinubu Intervenes, Grants 14-Day Grace To Defaulters

    FCT Ground Rent: Tinubu Intervenes, Grants 14-Day Grace To Defaulters

    on

    - Advertisement -
    - Advertisement -
    - Advertisement -
    - Advertisement -
    President Bola Tinubu

    President Bola Tinubu has intervened following the sealing of several structures in the Federal Capital Territory (FCT) on Monday by the FCT Administration. Defaulters now have a 14-day grace period to settle their ground rents with associated penalties. This was contained in a statement signed by Chijioke Nwankwoeze
    Director of Land Administration, FCT, on Monday.

    According to the statement, properties in the Central Area will pay the sum of N5 million by the defaulters as penalty, in addition to the Ground Rent owed.

    Those in Maitama, Asokoro, Wuse II, and Guzape Districts will pay the sum of N3 million as penalty, in addition to the Ground Rent owed.

    Defaulters in Wuse I, Garki I and Garki II will pay N2 million as penalty in addition to the Ground Rent owed.

    In addition, all those who purchased properties from other people, but are yet to register their interests by obtaining the mandatory Minister’s Consent and registering their Deeds of Assignment now have 14 days (TWO WEEKS) to do so at the FCT Department of Land Administration.

    The statement added that the FCT Minister, Mr Nyesom Wike, further granted a 14 days (TWO WEEKS) grace period to all property holders in the FCT to pay up their Right of Occupancy (R-of-O)/Certificate of Occupancy (C-of-O) bills, or risk revocation of those titles.

    The Minister equally advised going forward, property owners in the FCT to ensure that they pay all necessary bills and charges on their properties as at and when due, so as to enable the government to continue to carry out necessary developmental projects for the benefit of the people.

    The full statement reads:

    FCT GROUND RENT: PRESIDENT TINUBU INTERVENES, DEFAULTERS GET 14 DAYS TO PAY

    Today, May 26, 2025, we commenced enforcement on the 4,794 properties revoked for non-payment of Ground Rent, from 10 to 43 years.

    Properties owned by government institutions, corporate organisations and individuals were affected. This demonstrates the Federal Capital Territory Administration’s commitment to carrying out its functions without fear or favour.

    However, the President, His Excellency Bola Ahmed Tinubu, GCFR, has intervened. Therefore, by Mr. President’s intervention, holders of the affected properties now have 14 days (TWO WEEKS) to settle the outstanding Ground Rents, with associated penalties.

    For properties in the Central Area, the sum of N5 million will be paid by the defaulters as penalty, in addition to the Ground Rent owed.

    Those in Maitama, Asokoro, Wuse II, and Guzape Districts will pay the sum of N3 million as penalty, in addition to the Ground Rent owed.

    Defaulters in Wuse I, Garki I and Garki II will pay N2 million as penalty in addition to the Ground Rent owed.

    Also, all those who purchased properties from other people, but are yet to register their interests by obtaining the mandatory Minister’s Consent and registering their Deeds of Assignment now have 14 days (TWO WEEKS) to do so at the FCT Department of Land Administration.

    Furthermore, the Minister of the Federal Capital Territory (FCT), Barrister Nyesom Ezenwo Wike, CON, has granted a 14 days (TWO WEEKS) grace period to all property holders in the FCT to pay up their Right of Occupancy (R-of-O)/Certificate of Occupancy (C-of-O) bills, or risk revocation of those titles.

    Going forward, the Minister has advised property owners in the FCT to ensure that they pay all necessary bills and charges on their properties as at and when due, so as to enable the government to continue to carry out necessary developmental projects for the benefit of the people.

    Chijioke Nwankwoeze
    Director of Land Administration, FCT
    May 26, 2025

    - Advertisement -

    Related articles

    Leave a Reply

    spot_img

    Latest posts