The Federal Capital Territory (FCT) Minister, Nyesom Wike, has approved the revocation of 4,794 land titles in Abuja due to non-payment of ground rent, with some defaults spanning over 40 years.
Key Details:
Grace Period:
A 21-day grace period has been granted to titleholders who are in default of ground rent payments between one and ten years. Failure to settle these debts within this timeframe may result in revocation of their land titles.
This action underscores the FCT Administration’s commitment to enforcing compliance with land use regulations and ensuring that landowners fulfill their financial obligations.
For a visual summary of this development, you can watch the following news report:
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