The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has approved a three-month grace period for 189 titleholders, who have obtained building plan approvals but are yet to commence development of on their property.
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Accordingly, the affected property owners are to do so within the stipulated period or have their title revoked in line with the provisions of the law.
This gesture has only been extended to both individuals and corporate organizations who have shown desire to develop their property by obtaining Building Plan approvals but are yet to start proper development on their property situated within the Federal Capital City (FCC).
Director of Information and Communication, FCT, Muhammad Sule in a statement said: “Similarly, public institutions that have land titles within the Federal Capital City but are yet to develop same, have also been given a grace period of three months to commence development in order to avoid sanction.
“Thus, the Minister has extended this gesture to 189 property owners due to their desire to develop the property by obtaining Building Plan Approvals which is a prerequisite for development of any property in the Federal Capital Territory.
“The notification in the Newspapers states: “The Minister of the Federal Capital Territory, (FCT), has graciously approved a grace period of three-months from the date of this publication for the underlisted titleholders who have obtained building plan approvals to commence development of their plots; failure of which their titles shall be revoked for continued contravention of the terms of development of the Right- of-Occupancy.
The owners of these plots were exempted from revocation because they have already demonstrated firm commitment towards developing their property by obtaining necessary documents from the FCT Administration.”
Sule urged the affected property owners to take advantage of the Minister’s gesture and develop their plots as published in some National Dailies, in line with the terms of Offer of the Right- Of- Occupancy.
He said: “The FCT Administration, therefore, appealed to the affected Public Institutions who have been allocated plots within the FCC to commence development of their plots, failure of which their titles shall be revoked for continued contravention of the terms of development of the Right of Occupancy.
“The plots in these categories belong to individuals and corporate organizations, as well as Public Institutions who have continually failed to keep to the terms of agreement as contained in Section 28(5) (a) & (b) of the Land Use Act offering and conveying of the Right of Occupancy.”
