In a recent move, the Minister of the Federal Capital Territory (FCT), Barrister Nyesom Wike, has taken action to address land allocation issues in Abuja’s Central Business District (CBD).
A total of 22 land allocations have been revoked due to non-development, as per Section 28(5)(a) & (b) of the Land Use Act 1978.
Among the entities affected by the revocations are Lowe Lintas, Tourist Company of Nigeria, Coscharis Motors, CFA Motors, Chidol Properties, and others. The FCT Administration has cited continued contravention of the terms of development as the reason behind these revocations.
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However, Minister Wike has also displayed a willingness to encourage development on allocated lands. He has granted a three-month grace period to 189 titleholders who have obtained Building Plan Approvals but have not yet commenced development on their properties. This grace period aims to give property owners a chance to initiate development and avoid title revocations.
The list of recipients of the grace period is extensive, including 21 embassies such as those of Ireland, France, Canada, Turkey, Angola, South Korea, the Philippines, Syria, Iran, Germany, and more. Additionally, numerous public institutions, corporations, and individuals have received this grace period, including the Federal Housing Authority, Nigerian Navy, Federal Fire Service, and others.
This move by the FCT Administration reflects its commitment to promoting responsible property development within the Federal Capital City (FCC). Property owners are urged to seize this opportunity and begin development in line with their Right-Of-Occupancy agreements to ensure compliance with the law and avoid title revocations.
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