C of O now N5m in FCT — Wike

Nyesom Wike, Minister of the FCT, has said that the FCTA has pegged the cost of the issuance of Certificate of Occupancy (C of O) at N5 million. Wike made the pronouncement at a meeting he held with estate developers on Tuesday. He said payment could be made within four months of land allocation after […]

Nyesom Wike, Minister of the FCT, has said that the FCTA has pegged the cost of the issuance of Certificate of Occupancy (C of O) at N5 million.

Wike made the pronouncement at a meeting he held with estate developers on Tuesday.

He said payment could be made within four months of land allocation after which the C of O would be handed over to the applicant.

He added that he would seek the approval of President Bola Tinubu to link applicants’ National Identification Number (NIN) to the C of Os.

Wike noted that, “Allocation of land to three or more persons will no longer be allowed because the C of O enables you to do business.

“When we make the right decision, some people will be happy, and some will not. The rich will kick against some of our decisions, but anything that will help our people must be done.’

He promised to ensure orderliness and sanity in land administration system and processes in the FCT.

Recall that Wike inaugurated a task force on the issuance of C of O for housing estates and the recovery of land use contravention fees on November 14.

He had explained that the measure was to ensure that each unit in a housing estate had a separate C of O.