Minister of the Federal Capital Territory (FCT), Nyesom Wike may revoke land titles allocated to 205 allottees if they fail to pay their outstanding ground rent.
In an ongoing advertisement published in select national dailies and signed by FCT Administration’s Permanent Secretary, Olusade Adeshola, it is emphasized that all allottees, property owners, and beneficiaries of federal government Houses in the FCT with outstanding ground rents must make payment within two weeks.
Failure to do so may result in the revocation of their titles for the sake of their interests.
Some of the owners of the plots are cooperate organisations, party secretariat, and banks, among others.
The advertisement said: “The FCT Administration hereby reminds the general public, particularly allottees of land(s), within the FCT of their obligations to the FCTA as stipulated in the covenanted terms of the Certificate of Occupancy to wit ‘to pay the advance, without the demand to the Honourable Minister, FCT the annual ground rent from the first day of January of each year’.
“All allottees, property owners as well as beneficiaries of the sale of Federal Government Houses in the FCT who have not paid or settled their outstanding ground rents within the earlier two weeks period are advised in their interest to ensure payment within 2 weeks period from the date of publication, failure of which such titles may be revoked.”
Wike, since the assumption of office, has vowed to follow the law to position FCT and bring about further development in the nation’s capital.