President Bola Ahmed Tinubu has suspended the planned takeover of 4,794 properties in the Federal Capital Territory (FCT) that were revoked due to the owners’ failure to pay ground rent for up to four decades
The President’s intervention comes after the FCT Administration began sealing off several defaulting properties, including commercial buildings, private homes, and government offices.
Tinubu has now approved a 14-day grace period for affected property owners to clear their outstanding ground rent and penalties, or risk losing their titles permanently.
The penalties, based on the location of the properties, are as follows:
- ₦5 million for properties in the Central Business District
- ₦3 million for Maitama, Asokoro, Wuse II, and Guzape
- ₦2 million for Wuse I, Garki I, and Garki II
Property owners who bought their land without obtaining the Minister’s Consent or registering their Deeds of Assignment are also required to complete those processes within the 14-day window.
FCT Minister Nyesom Wike has reiterated that failure to comply with the directive will lead to final revocation. He also extended the same 14-day deadline to all property owners in Abuja to pay their outstanding Right of Occupancy (R-of-O) or Certificate of Occupancy (C-of-O) fees.
The suspension follows a wave of enforcement actions, which saw properties like the PDP national secretariat, Access Bank in Wuse Market, a Total filling station, and the FIRS office in Zone 5 sealed by authorities.
Owners are urged to take advantage of the grace period to settle all dues and avoid losing their land rights.
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