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Home Economy FCT Insists of Recovery of N29bn Ground Rent Debt or Forfeiture of...
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FCT Insists of Recovery of N29bn Ground Rent Debt or Forfeiture of Property by Owners

By
Muhammad Hazat Sule
-
June 29, 2022
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FCT Insists of Recovery of N29bn Ground Rent Debt or Forfeiture of Property by Owners

As the Coordinating Committee on the Recovery of Outstanding Ground Rents of N29, 506,643,943.98 owed the FCT Administration commences work, property owners who have failed to pay risk prosecution, revocation, or outright forfeiture.

The FCT Administration decided to set up this Coordinating Committee because after several appeals and notices served the affected property owners, yet they remain adamant.

It may be recalled that the FCT Permanent Secretary, Mr. Adesola Olusade recently inaugurated a debt recovery committee with the mandate to recover the outstanding debts owed the FCT Administration with particular interest in ground rents and other sundry fees in the Land Administration as well as other Land related departments.

Accordingly, the Committee is expected to formally start communicating to the affected persons and corporate bodies as from Friday, July 1, 2022, after which those who failed to comply by paying their outstanding debt would be prosecuted.

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The Administration is forced to adopt these measures due to the non-compliant by the affected individuals and corporate organizations.

Government, therefore, wish that the affected debtors will come forward and clear their outstanding debts to avoid prosecution, revocation, and forfeiture of their property.

The Recovery Committee has already swung into action and perfected modalities towards achieving this onerous task, because the government needs resources to execute essential infrastructural projects in the Federal Capital Territory.

The Committee, which has since been meeting to fine tune strategies for the task ahead, also warned debtors of dire consequences should they allow the committee to fully execute its mandate, if they refused to pay the outstanding land fees.

The Committee wishes to assure that it will rigorously carry out its mandate to the latter, because ‘no stone will be left unturned’, in carrying out the assignment.

Muhammad Hazat Sule
Director, Information & Communication, FCT/Chairman, Media & Publicity Sub-Committee
Wednesday, June 29, 2022.

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Military Foil Terrorist Attacks in Sokoto, KatsinaLagos Police Restrict Egungun Festival Activities to Designated LocationsFormer IGP Solomon Arase Dies at 69ECOWAS, Nigeria Urged to Tackle Epidemic of Enforced DisappearancesPolice Arrest Kidnappers, Recover Arms, N6.9m in A'Ibom, NasarawaNDLEA Arrests 75-Year-Old Grandpa, Destroys Cannabis Farm in Taraba, Seizes Millions of Pills NationwideLagos Police Bust Car Theft Syndicate, Recover Stolen BusFACT-CHECK: Did Kwara Police Nab King of Alabe, Queen and Babanla Monarch With over ₦120m Banditry Loot?Troops Kill 12 ISWAP Fighters in Borno, Foil More Attacks in North-EastPara-Military Agencies Get 12-Month Deadline to Deliver ReformsErasmus Ikhide Narrowly Escapes Death in Collision with Dangote TruckTroops Sustain Offensive Against Bandits, Eliminate Scores in North West, North Central RegionsFCT Police Arrest 10 Suspected Drug Dealers, Recover Drugs, Kidnapping ProceedsSecurity Forces Bust Child Trafficking Syndicate, Arrest 5 Suspects in A'IbomPHOTOS: Bauchi Constituents Rally APC to Draft Senator Buba for 2027 Governorship Race
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