FCT Minister Nyesom Wike has approved a three-month grace period for owners of 189 undeveloped plots of land in the territory to begin to develop them or get their allocation papers revoked.
The spokesperson for the FCT Administration, Muhammad Sule, stated on Sunday in Abuja that the affected title 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.
Mr Sule explained that the grace period applied to individuals and corporate organisations that desired to develop their property by obtaining building plan approvals.
He added that public institutions with land titles within the FCT but yet to develop the same were also advised to do so within the three-month grace period to avoid the sanction.
“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.
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“Owners of the plots were exempted from revocation because they had already demonstrated a firm commitment to develop their property by obtaining necessary documents from the FCT Administration.
“The minister is urging the affected property owners to take advantage of the gesture and develop their plots in line with the terms of their Offer of Right-of-Occupancy,’’ Mr Sule stated.
(NAN)
