Nigeria News: FCT Minister Cancels 5,000 Land Titles Amid Ground Rent Disputes
Abuja news reveals a significant move by the FCT minister, Nyesom Wike, who has nullified nearly 5,000 land titles. This decisive action stems from the non-payment of Ground Rent over several decades. Despite issuing multiple warnings and public notices, numerous property owners in central Abuja districts like Garki, Asokoro, and Maitama failed to comply.
Property owners are reminded of the legislative mandate requiring annual Ground Rent payments every 1st January. As of 2024, substantial arrears amounted to billions in unpaid dues from over 8,000 defaulters. A 21-day grace has been extended to the rest of the defaulters, urging them to settle dues to avoid revocation. This FCTA move underscores the importance of adhering to land tenure regulations.
Key Takeaways:
- Approximately 4,794 land titles in Abuja were revoked by the FCT due to unpaid Ground Rent.
- Defaulters were repeatedly warned; the total owed stands at nearly N7 billion as of 2024.
- A 21-day grace allows late payers a final chance to retain titles without legal repercussions.
What are your thoughts on the FCT’s move to enforce Ground Rent payments? Do you think this will set a precedent for other regions in Nigeria?
