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Sunday, December 10, 2023

Wike grants three-month grace period to landowners for development

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The Minister of the Federal Capital Territory, Nyesom Wike, has extended a three-month grace period to owners of 189 undeveloped land plots within the FCT, with a warning that allocation papers may be revoked if development does not commence.

Mr. Muhammad Sule, the Director of Information and Communication at the FCT Administration, made the announcement in Abuja on Sunday. He clarified that the affected landowners had secured building plan approvals but had not initiated development on their properties.

Sule emphasized that landowners, whether individuals or corporate organizations, must commence property development within the stipulated period to avoid the revocation of their title documents, in accordance with existing laws.

This grace period, as explained by Sule, particularly applies to those who have shown their commitment to property development by obtaining building plan approvals. Public institutions that hold land titles in the FCT but have yet to embark on development were also urged to take advantage of the three-month grace period to initiate development or risk potential sanctions.

Sule noted that the minister’s decision to grant this extension was a recognition of the landowners’ intentions to develop their properties, as evidenced by their building plan approvals. It serves as an opportunity for them to proceed with development in accordance with the terms of their right-of-occupation offer.

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