FG issues 60-day ultimatum on ground rent
The Minister of Housing and Urban Development, Arc. Ahmed Dangiwa, has told federal Certificate of Occupancy (C/O) title owners to pay their ground rent in the next two months or have their titles revoked. The minister stated this on Wednesday in Abuja at the 29th conference of directors of lands in the federal and state […]
The Minister of Housing and Urban Development, Arc. Ahmed Dangiwa, has told federal Certificate of Occupancy (C/O) title owners to pay their ground rent in the next two months or have their titles revoked.
The minister stated this on Wednesday in Abuja at the 29th conference of directors of lands in the federal and state Ministries, Departments and Agencies.
Dangiwa said, “The Federal Ministry of Housing and Urban Development is aware that several owners of its titled properties have failed to pay ground rent and other statutory charges to the ministry for several years now. This non-compliance has resulted in the loss of trillions of naira in revenue to the federal government.
“Under the Renewed Hope Agenda of His Excellency, President Bola Ahmed Tinubu, this cannot be tolerated as this revenue is much needed to deliver the Renewed Hope Agenda to Nigerians,” he said.
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He further directed that, “All federal C of O title owners are given a 60-day notice to settle all outstanding ground rent and statutory charges. Failure to make payment within this period will result in the revocation of their C of Os.”