✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Ground rent: FCTA to prosecute 413 defaulters

In an effort to recover over N29 billion ground rent owed by property owners, the Federal Capital Territory Administration (FCTA) has concluded arrangements to prosecute…

In an effort to recover over N29 billion ground rent owed by property owners, the Federal Capital Territory Administration (FCTA) has concluded arrangements to prosecute 413 defaulters by the end of the month.

The legal action may lead to the forfeiture of affected property to the government in line with relevant laws.

Senators slam NSITF over ‘misappropriation’ of N17.1bn

140 days after, FG loses N3bn on halted Kaduna-Abuja train service

In a statement by Muhammad Hazat Sule, chairman, media and publicity sub-committee of the recovery team, the FCTA noted that: “It is disheartening that some of the debtors have failed to pay their outstanding ground rent despite several appeals and warnings, thereby putting the fate of their property on the balance.’’

“Accordingly, since all entreaties have failed, the administration has no other option than to commence the prosecution of the first batch of defaulting property owners.

It would be recalled that the committee earlier announced the engagement of five law firms owned by Senior Advocates of Nigeria (SANs) who have been hired to prepare legal documents to commence legal action against the defaulting titleholders.

The statement reads further: “Already, letters serving as last warning to the debtors have been dispatched and the real court cases will start at the end of August 2022.”

The FCT Permanent Secretary, Mr Adesola Olusade, recently inaugurated the debt recovery sub-committee with the mandate to recover the outstanding debts owed the FCTA with a particular interest in ground rent and other sundry fees in land administration, as well as other land-related issues.

Consequently, the committee warned that there would be no sacred cows as the law would take its course, noting that the only language it would understand was for the defaulters to clear their debts.

VERIFIED: It is now possible to live in Nigeria and earn salary in US Dollars with premium domains, you can earn as much as $12,000 (₦18 Million).
Click here to start.