0
0
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has granted a three-month grace period to 189 titleholders who have received building plan approvals but have not yet commenced development on their properties.
During this period, affected property owners must initiate development within the specified timeframe, or risk having their titles revoked in accordance with legal provisions.
This extension applies to both individuals and corporate entities that have expressed their intention to develop their properties by obtaining building plan approvals but have yet to initiate substantial development within the Federal Capital City (FCC).
In a statement, Muhammad Sule, the Director of Information and Communication for the FCT, announced the following:
“Furthermore, public institutions holding land titles within the Federal Capital City but yet to commence development have been granted a three-month grace period to initiate development in order to avoid potential sanctions.
The Minister has extended this leniency to 189 property owners who are eager to develop their properties by obtaining Building Plan Approvals, a mandatory requirement for property development within the Federal Capital Territory.
A notice published in newspapers reads as follows: ‘The Minister of the Federal Capital Territory (FCT) has generously provided a three-month grace period, starting from the date of this publication, for the listed titleholders who have acquired building plan approvals to kickstart development on their plots. Failure to do so will result in the revocation of their titles due to continued non-compliance with the terms of Right-of-Occupancy development.'”
“The owners of these plots were exempt from revocation because they had already demonstrated a strong commitment to developing their property by obtaining the necessary documents from the FCT Administration.”
Sule encouraged property owners who have been affected to seize the opportunity presented by the Minister’s initiative and begin the development of their land, as outlined in advertisements featured in various national newspapers. This aligns with the stipulations set forth in the Offer of the Right-of-Occupancy.
He emphasized, “The FCT Administration earnestly appeals to the concerned Public Institutions that have received plot allocations within the FCC to initiate development activities on their allotted parcels. Failure to do so will result in the revocation of their land titles due to their persistent violation of the development terms associated with the Right of Occupancy.
“The affected plots encompass properties owned by both individuals and corporate entities, as well as Public Institutions that have consistently failed to adhere to the contractual obligations specified in Section 28(5)(a) & (b) of the Land Use Act governing the provision and conveyance of the Right of Occupancy.”
