NEWS
Tinubu Halts Forceful Takeover Of 4,794 FCT Properties, Grants 14-Day Grace Period

President Bola Ahmed Tinubu has ordered a halt to the forceful takeover of 4,794 properties in the Federal Capital Territory (FCT) that were recently revoked over long-term non-payment of ground rent.
The affected properties had defaulted on payments for periods ranging from 10 to 43 years. Following the revocation, the FCT Administration (FCTA) began sealing several defaulting properties, including government offices, private buildings, and commercial establishments.
In response, President Tinubu intervened and approved a 14-day grace period for affected property owners to settle their outstanding ground rents along with stipulated penalties.
Under the new directive, the penalties are structured by location as follows:
₦5 million for properties in the Central Area
₦3 million for Maitama, Asokoro, Wuse II, and Guzape
₦2 million for Wuse I, Garki I, and Garki II
Additionally, those who acquired properties without obtaining the required Minister’s Consent or registering their Deeds of Assignment must do so within the same 14-day window at the FCT Department of Land Administration.
FCT Minister Nyesom Wike has also warned that all property owners in Abuja must pay their Right of Occupancy (R-of-O) or Certificate of Occupancy (C-of-O) bills within 14 days or risk revocation of their titles.
The President’s intervention comes after high-profile enforcement actions, including the sealing of the PDP national secretariat, Access Bank at Wuse Market, a Total filling station, and the FIRS office in Zone 5, Abuja.
Property owners are urged to use the grace period to regularize their documents and clear outstanding payments to avoid permanent revocation.
Discover more from Naijanewstoday
Subscribe to get the latest posts sent to your email.
-
POLITICS5 days ago
C-Sagas UK Chapter Meets Founder in London, Reaffirms Humanitarian Vision
-
TECH6 days ago
OpenAI CEO Sam Altman Warns ChatGPT Conversations Aren’t Legally Confidential
-
NEWS5 days ago
Ikwo Noyo Clan Releases Official Timetable for 2025 Nnesweoha Festival
-
ENTERTAINMENT4 days ago
VeryDarkMan Breaks Down in Tears as He Announces Death of Popular Fish Seller
-
NEWS5 days ago
Nigerian Youth Advocate Calls Out Facebook’s Monetisation Policies
-
CAMPUS REPORTS6 days ago
VC Inaugurates Two New Residential Flats Built by AE-FUNAI Parents’ Forum
-
CAMPUS REPORTS5 days ago
Experts Urge Responsible AI And Data Use at AE-FUNAI Law Conference
-
POLITICS4 days ago
2027 Elections: We’re the Only Viable Alternative to APC, PDP Slams ADC
-
CAMPUS REPORTS5 days ago
AE-FUNAI Hosts ACSPN, Highlights Role of Artificial Intelligence in Media and Security
-
SPORTS6 days ago
Asisat Oshoala Shuts Down Retirement Rumors After WAFCON Triumph
-
NEWS5 days ago
David Umahi’s Daughter Kimberly Graduates With First Class
-
SPORTS4 days ago
Morocco Challenges Referee Call After Super Falcons’ WAFCON Triumph