...
  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Tuesday, May 27, 2025
  • Login
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
  • Entertainment
    • Sports
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
  • Entertainment
    • Sports
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
No Result
View All Result
No Result
View All Result
Home News Breaking News

Tinubu Halts Wike’s Property Revocations, Grants 14-Day Grace Period for Ground Rent Defaulters

by Victor Haruna
May 26, 2025
in Breaking News, News
Reading Time: 8 mins read
0
Photo combo of Tinubu and Wike
494
SHARES
1.4k
VIEWS
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

President Bola Ahmed Tinubu has stepped in to halt the ongoing sealing of properties in the Federal Capital Territory (FCT), allowing a 14-day grace period for property owners in default of ground rent payments to regularise their obligations and documentation.

This development was disclosed on Monday night in Abuja by Mr. Chijioke Nwankwoeze, the Director of Land Administration in the FCT, during a press briefing.

According to Mr. Nwankwoeze, enforcement actions commenced on May 26, 2025, against 4,794 properties that had been revoked due to non-payment of ground rent. The default periods for these properties range from 10 to 43 years.

The enforcement affected properties owned by government entities, corporate bodies, and private individuals. Nwankwoeze noted that this action demonstrated the FCT Administration’s determination to execute its responsibilities impartially and in accordance with due process.

However, the intervention of President Tinubu resulted in a temporary suspension of the sealing campaign. Property owners have now been granted two weeks to settle their outstanding dues, including applicable penalties, and update all necessary legal documentation. This grace period is meant to offer a final window for compliance before further enforcement actions resume.

As part of the penalties imposed, properties situated in the Central Area of Abuja will attract a fine of N5 million in addition to the overdue ground rent. For properties in Maitama, Asokoro, Wuse II, and Guzape, the penalty is N3 million, while those in Wuse I, Garki I, and Garki II are subject to a N2 million penalty.

Furthermore, individuals who acquired properties through purchase but have yet to obtain the Minister’s Consent or register their Deeds of Assignment are required to do so within the same 14-day period at the FCT Department of Land Administration. This directive aims to ensure that all transactions related to land are fully documented and in line with regulatory requirements.

The Minister of the FCT, Barrister Nyesom Wike, has also extended the grace period to cover payment of Right of Occupancy (R-of-O) and Certificate of Occupancy (C-of-O) fees. He cautioned that failure to settle these bills within the timeframe could lead to title revocations.

In his advisory, the Minister encouraged all property owners in the FCT to prioritise timely settlement of their statutory obligations to support the government’s capacity to deliver essential infrastructure and developmental projects that benefit the entire populace.

What you should know
President Tinubu’s intervention offers property owners in Abuja a critical opportunity to avert the loss of their assets by settling years of unpaid ground rent.

The two-week grace period reflects a temporary reprieve rather than a cancellation of enforcement, reinforcing the FCT Administration’s renewed focus on regulatory compliance and urban development.

ALSO READ TOP STORIES FROM VERILY NEWS

Tags: AbujaNyesom WikeTinubu
Share198Tweet124Share35
Victor Haruna

Victor Haruna

Related Posts

Photo of Tunji Ojo

FG Clears Over 200,000 Passport Backlogs, Pays ₦28bn Debts — Interior Minister

by Victor Haruna
May 27, 2025
0

Minister of Interior, Olubunmi Tunji-Ojo, has disclosed significant strides made since his appointment, revealing that more than 200,000 previously unprocessed...

UK

UK Commits £3 Billion to Skills Training in Bid to Curb Immigration and Boost Domestic Workforce

by Victoria Ogbadu
May 27, 2025
0

In a bold move to reshape the UK’s labour market and address mounting political pressure over immigration, the British government...

Photo of zubaida umar

NEMA Confirms Abuja Explosion Was a Failed Suicide Bombing Attempt

by Victor Haruna
May 27, 2025
0

The National Emergency Management Agency (NEMA) has verified that the explosion which occurred in Abuja on Monday afternoon was the...

Photo of Tinubu in NASS

Tinubu Requests Approval for Over $21bn External Loan and ₦758bn Pension Bond from Lawmakers

by Victor Haruna
May 27, 2025
0

President Bola Tinubu has written to the House of Representatives seeking legislative consent for a substantial external borrowing package exceeding...

Photo of a Nigerian Police officer

Police Summon Officers Over Viral Extortion Video in Benin City

by Victor Haruna
May 27, 2025
0

The Nigeria Police Force has identified and summoned officers involved in an extortion incident captured in a viral video, where...

Load More
  • Trending
  • Comments
  • Latest
Nigerian senate

Senate Urges Immediate Military Base in Adamawa Amid Boko Haram Resurgence

May 22, 2025
nigeria

FG Rolls Out NAPM Initiative to Curb Rising Food Prices

April 25, 2025
NCAA

NCAA to Sanction Non-Compliant Airstrip Operators From 2026

April 28, 2025
Rihanna

Rihanna: Vibrant Star Elevating Nigerian Fashion Trends

1
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
NLC

NLC Suspends Nationwide Protest Over Telecom Tariff Hike

0
world bank

World Bank Calls for Investment in Logistics to Address Africa’s Food Insecurity

May 27, 2025
Photo of Liam Delap

Man United Set to Sign Liam Delap from Ipswich Amid Chelsea’s Interest

May 27, 2025
Photo of Tunji Ojo

FG Clears Over 200,000 Passport Backlogs, Pays ₦28bn Debts — Interior Minister

May 27, 2025
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
  • Entertainment
    • Sports
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.