Following the expiration of the deadline earlier given to land allottees owing ground rents in Abuja, the Minister of the Federal Capital Territory, Nyesom Wike, has extended the payment deadline till December 14, 2023. The PUNCH reports that the FCT Administration in September published land titles of individuals, corporate organisations and government agencies, with a reminder of their obligation to pay the ground rent on January 1 every year, as stated in their given Certificates of Occupancy. He added that the FCTA expected to rake in about N30bn from the payment of ground debts in the territory. “The FCTA wishes to remind the general public of the final notice given for settlement of outstanding ground rents and to note that the grace period has elapsed, thus paving the way for enforcement of attendant sanctions. “In consideration of the sustained response from affected allottees and in order not to disenfranchise those who are still in queue for collection of ground rent bill and are eager to pay, the minster, FCT has graciously approved that additional time be granted from the expiration of the final notice to 14th of December, 2023.”“The administration is expecting over N30 billion from the grant rent payment.”

Source: Punch November 21, 2023 22:34 UTC