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Real Estate

N29bn Ground Rents Debt: FCTA to Place Caveat on Debtors’ Property

The FCT Administration has placed a caveat on properties whose cases are already in courts as a step towards recovering the N29 billion debt owed it by property owners in the Federal Capital Territory. The FCT Director of Information and Communication, Muhammad Hazat…

26/09/2022

N29BN Ground Rent Debt: Asokoro, Maitama Property Owners, Highest Debtors

Property owners in the affluent Asokoro, Industrial Area II, and Maitama Districts are the highest debtors, owing 10.67, 9.43, and 9.29 per cent of the total amount owed, respectively, as the Coordinating Committee on the Recovery of Outstanding Ground Rents of N29,506,643,943.98…

14/07/2022

FCTA Begins Demolition Of Houses On Waterways

The Federal Capital Territory Administration (FCTA) has begun the demolition of over 100 buildings constructed on waterways at Dutse Makaranta, a suburb in Bwari Area Council. The Senior Special Assistant to the Federal Capital Territory (FCT) Minister on Monitoring, Inspection and Enforcement…

01/07/2022

Ground Rent: FCTA To Revoke Property, Prosecute Defaulters

The Federal Capital Territory Administration (FCTA) Committee on the Recovery of N29 billion outstanding ground rents has threatened to prosecute and revoke property of defaulters. A statement by the Director Information and Communication, Muhammad Sule, on Wednesday in Abuja, said property owners who…

30/06/2022

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