News
FCT Minister, Nyesom Wike introduces sweeping reforms in FCT land Administration
….says, area council land allocations will be regularised, Mass Housing properties will be titled in favour of Buyers, and allottees must develop lands within two Years.
The Minister of the Federal Capital Territory, FCT, Nyesom Wike has introduced sweeping reforms in FCT land Administration.
According to the Minister, area council land allocations will be regularised, Mass Housing properties will be titled in favour of Buyers, and allottees must develop lands within two Years.
Director, Land Administration FCTA, Chijioke Nwankwoeze, said the land reform will become operational from April 21, 2025.
The statement reads: “We are here to intimate you of the broad and comprehensive reforms on land administration in the Federal Capital Territory (FCT), that the Minister, Barrister Ezenwo Nyesom Wike, CON, has approved for implementation.
These reforms, which will become operational from April 21, 2025, cover specific areas like conditions of grant of Statutory Right of Occupancy, contents of the Statutory Right of Occupancy Bill, contents of Letter of Acceptance/Refusal of offer of grant of Right of Occupancy, titling of Mass Housing and sectional interests, as well as regularization of Area Council Land documents.
It should be noted that before now, deadline for payment of bills, rents, fees and charges is not specified in the Statutory Right of Occupancy bill, and no penalty for failure to make payment promptly.
This has caused delay in revenue receivable due to non-collection of Right of Occupancy (R-of-O) and non-payment of bills, slower pace of infrastructural development, sustained land speculation and racketeering while huge expenses have been incurred by the FCT Administration through repeated advertisements and publications notifying the public on the need for collection of R-of-O and timely payment of bills and charges.
Consequently, as against the unspecified period within which to collect the Right of Occupancy (R-of-O) and make full payment of the Statutory Right of Occupancy bills and charges, land allottees now have 21 days from the date of offer, to make full payment of all bills, fees, rents and charges prescribed on offers of Statutory Rights of Occupancy and submit a duly completed Letter of acceptance alongside evidence of payments, or lose the offer.
Also, as against the lengthy period within which to develop allocated lands, the period within which to erect and complete developments on any land granted in the FCT is now two years from the date of the commencement of the R-of-O.
Therefore, any R-of-O bills and any other payments made outside the stipulated 21 days shall be considered invalid while any land granted should be developed within two years.
On lands previously allocated by Area Councils, the law stipulates that all lands in the FCT are urban land.
It therefore becomes necessary that all land documents issued by the Area Councils are considered for regularisation to statutory titles in line with relevant statutes.
It should be noted that in 2006, the Zonal Land, Planning and Survey offices of the six Area Councils were directed to submit all Area Council allocation lists, layouts, files and registers to Abuja Geographic Information System (AGIS)/Lands Department, and this was done by the Area Councils.
However, to date, out of the 261,914 Area Council land documents submitted for regularization, only 8,287 have been vetted, out of which only 2,358 were cleared, validated and regularized to statutory titles.
The 8,287 were vetted from 2006 to 2023 (17 years), and this represents just 3.2% of the total land documents submitted for vetting and regularization as at today, the FCT Administration is still left with 253,627 submissions in its database.
Area Council land documents successfully vetted and confirmed would have statutory titles on such lands issued and the allottees will have sixty days to make full payments of all bills, fees, rents and charges prescribed, failure of which the offers shall become invalid.
On Mass Housing, it should be noted that the Mass Housing Programme was initiated in year 2000 to utilize the Public Private Partnership (PPP) strategy with the objective of providing affordable housing for the residents of FCT.
However, from the inception of the Mass Housing programme in 2000 till date, out of the 445 Mass Housing allocations granted, only two developers have successfully met the terms and conditions.
A new operational framework for titling of Mass Housing and Sectional Interests has been developed to fast-track the exercise efficiently, effectively and diligently, in line with the Minister’s vision to restore confidence in the administration of lands in the FCT.
Currently, the holders/occupiers of properties within the various Mass Housing Estates in the FCT do not pay and bills, rents, fees and charges to the government despite having held and occupied the properties for decades.
In recognition of the urgent need to issue titles to the beneficiaries of Mass Housing and Sectional Interests, all applications for titling are to be made by the Subscribers/Developers to the Department of land Administration for processing.
Processing of titles for Mass Housing and Sectional Interests shall commence on April 21, 2025, in line with the new operational framework.
News
Senate confirms Oyedele as minister
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.
His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.
Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.
His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.
Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.
News
Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)
The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.
This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.
The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.
In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.
He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.
He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.
He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.
News
JUST IN: IGP Disu Assigns Portfolios to New DIGs
DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.
Sources said that the DIGs were assigned departments based on their areas of competence.
DIG Zachariah Fera Achinyan has been deployed to Legal Services,
DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);
DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.
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