Nyesom Wike Allows Extra Time for Unfinished FCT Land Development

FCT Minister Extends Grace Period for Undeveloped Land Plots

Nyesom Wike Allows Extra Time for Unfinished FCT Land Development
FCT Minister Grants Three-Month Reprieve for Unbuilt Plots

The Minister of the Federal Capital Territory, Nyesom Wike, has issued a significant directive, granting a three-month grace period to owners of 189 undeveloped land plots within the FCT to commence development or face the revocation of their allocation papers.

Mr. Muhammad Sule, the Director of Information and Communication at the FCT Administration, announced this critical development on Sunday in Abuja. According to him, the affected titleholders had already secured building plan approvals but had not yet initiated development activities on their properties.

Under the stipulations of existing laws, these property owners must expedite the development of their land within the given timeframe, failing which their title documents will be revoked.

The grace period, Sule clarified, is applicable to both individual landowners and corporate entities that have demonstrated the intent to develop their properties by obtaining necessary building plan approvals.

Furthermore, public institutions holding land titles within the Federal Capital Territory have also been urged to commence development within the three-month grace period to avoid potential sanctions.

“The minister’s decision to extend this opportunity to 189 property owners is a recognition of their commitment to property development through the acquisition of essential documents from the FCT Administration,” stated Sule.

He further emphasized the minister’s appeal to affected property owners, encouraging them to seize this opportunity and develop their plots in compliance with the terms of their Right-of-Occupancy offers.

Additionally, Sule reiterated the FCT Administration’s call to public institutions that have received land allocations to initiate development activities promptly, as failure to do so within the stipulated timeframe may result in the revocation of their title documents.

This development reflects the FCT’s commitment to promoting responsible land use and ensuring that allocated plots are put to productive use for the benefit of the community. Property owners and institutions within the territory are urged to act promptly to avoid any adverse consequences in line with these directives.

OduNews on Google News

Submit press release, news tips to us: tips@odunews.com | Follow us @ODUNewsNG 

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More