The Minister of the Federal Capital Territory, Nyesom Wike, has approved a three-month grace period for owners of one hundred and eighty-nine undeveloped plots of land in the FCT to begin to develop them or get their allocation papers revoked.
The Director of Information and Communication at the FCT Administration, Mr. Muhammad Sule, who made this known in Abuja stated that the affected titled holders had obtained building plan approvals, but were yet to develop the properties.
He stated that the affected property owners were expected to develop the property within the stipulated period or have their title documents revoked in line with extant laws.
He explained that the grace period applied to individuals and to corporate organisations that had shown the desire to develop their property by obtaining building plan approvals.
“The minister has extended this gesture to 189 property owners due to their desire to develop the properties by obtaining building plan approvals, a prerequisite for the development of any property in the FCT.
“Owners of the plots were exempted from revocation because they had already demonstrated firm commitment to develop their property by obtaining necessary documents from the FCT Administration.
He added that public institutions that had land titles within the FCT but yet to develop the same were also advised to do so within the three months grace period to avoid the sanction.