FCT Minister, Mr Nyesom Wike, has approved a three-month grace period for owners of 189 undeveloped plots of land in the territory to start to develop them or get their allocation papers revoked.
Director of Information and Communication at the FCT Administration, Mr Muhammad Sule, stated on Sunday in Abuja that the affected title holders had obtained building plan approvals but were yet to develop the properties.
Sule 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 corporate organisations that had shown the desire to develop their property by obtaining building plan approvals.
Sule added that public institutions that had land titles within the FCT but had 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,” Sule was quoted by NAN as saying.
“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.
“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.”