Nyesom Wike, the Minister of the Federal Capital Territory (FCT), has given a three-month ultimatum to 189 titleholders, who obtained building plan approvals but are yet to commence development on their property.
The property owners in question are to begin building plans 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 the 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).
Speaking via a statement, the Director of Information and Communication, FCT, Muhammad Sule 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 under-listed 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 the Offer of the Right-Of-Occupancy.