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Africa Housing News > Blog > Real Estate News > FCT Minister Plans Ground Rent Review Amid Revenue Collection Challenges
Real Estate News

FCT Minister Plans Ground Rent Review Amid Revenue Collection Challenges

Fesadeb
Last updated: 2025/05/28 at 3:20 PM
Fesadeb Published May 28, 2025
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The Federal Capital Territory is set to experience a potential adjustment in ground rent charges, as Minister Nyesom Wike signals plans to revisit existing rates. This move comes as the FCT Administration intensifies efforts to boost internally generated revenue and enforce compliance with statutory payments.

Speaking during an inspection tour of infrastructure projects within Abuja on Wednesday, the minister expressed concern over widespread noncompliance by property owners, many of whom, he noted, have not paid ground rents for up to two decades. Wike stated that despite the increasing demands for public services and infrastructure, many residents neglect their financial obligations to the government.

Earlier in the week, the administration commenced enforcement actions by sealing properties of defaulters. Among those affected were high-profile institutions such as the PDP National Secretariat, NAPTIP headquarters, an Access Bank branch, the FIRS, and a TotalEnergies filling station.

The clampdown drew strong reactions from affected organizations, including the Peoples Democratic Party and the Federal Inland Revenue Service, both of which criticized the method and timing of the actions. However, the presidency intervened by granting a 14-day window to allow affected property owners to settle outstanding dues, along with associated penalties ranging from N2 million to N3 million based on property locations.

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Wike, in his remarks to journalists, emphasized that Abuja’s development depends heavily on taxes, given its lack of oil revenue. He lamented that many of those who default are familiar with tax regimes abroad but fail to show the same respect for obligations within Nigeria.

“These ground rents have remained unchanged for years,” he said. “People living abroad know the consequences of not paying property taxes those properties are seized. Yet here, they behave as though enforcement is optional. We’re changing that.”

He warned that the FCTA would not bow to pressure or political pushback in its mission to enforce financial accountability. “Attempts to use intimidation or public sympathy won’t stop us from doing what must be done,” he added.

Wike also revealed that more than 1,500 land title documents had recently been signed under his leadership, urging property owners to see tax compliance as their contribution to national development.

“Residents should understand that every road, school, and hospital we build is funded through their contributions. When you pay your dues, you empower us to serve you better,” the minister concluded.

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TAGGED: FCT, Ground Rent, Nyesom Wike, real estate, urban development
Fesadeb May 28, 2025 May 28, 2025
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