x

FCTA hires five law firms to recover N29BN ground rent debt

By Joyce Remi-Babayeju

In a bid to recover the N29 billion ground rent debt ,the FCT Administration has hired the services of five law firms for persecution of debtors.

The Committee said that representatives of the law firms, mostly Senior Advocates of Nigeria (SANs),are preparing legal documents to commence full legal action against the defaulting titleholders.

FCT Chairman Media and Publicity Sub Committee disclosed that already, letters serving as last warning to such defaulters are being dispatched, as the government is committed to recover every dime owed the Administration.

The FCT Administration decided to set up this Coordinating Committee due to the failure of titleholders to pay the prescribed land charges, despite several appeals and notices served on the affected property owners.

The Coordinating Committee said it is poised to take advantage of this robust partnership with these highly professional legal firms in Abuja with the hope of prosecuting multiple cases arising from recovery processes.

It also warned all property owners owing the FCT Administration to brace up, because a searchlight is being beamed on all defaulters and it is not going to be business as usual.

The Recovery Committee advised that it is more honorable and responsible for property owners to rush and clear their outstanding debts, because the government needs these monies to fund the infrastructural development that is needed for the development of the Federal Capital Territory.

Daybreak reports that the FCT Permanent Secretary, Mr. Adesola Olusade recently inaugurated a debt recovery committee with the mandate to recover the outstanding debts owed the FCT Administration with particular interest in ground rents and other sundry fees in the Land Administration as well as other Land related departments.

Hot this week

Why I Don’t Mention the Name of Jesus in My Songs — Shola Allyson Explains

Nigerian singer Shola Allyson has opened up on why...

Security operatives foil trafficking of 21 children in Kogi

By Noah Ocheni, LokojaThe Kogi State Government on...

Nigeria Faces Blood Shortage Deficit of 40% of National Blood Need – NBSA

By Joyce Remi-BabayejuAs Nigeria marks the 2025 National Blood...

Afam IPP– set to come back on stream as TCN commences rehabilitation

By Wilfred FrancisThe Transmission Company of Nigeria (TCN) has...

Wike @ 58: I Never Concealed My Support for President Tinubu from Onset

By Joyce Remi-BabayejuThe FCT Minister Barr. Nysome Wike has...

Out of Pocket Health Spending Pushes 384m Africans into Poverty, WHO Warns

By Joyce Remi-BabayejuThe World Health Organization (WHO ) quoting...

PANDEF Mourns Bayelsa Deputy, Declares Three Days mourning

The Board of Trustees and the National Executive Committee...

NCC Reacts to Quality of Service Challenges in Abuja

Wilfred FrancisThe Nigerian Communications Commission (NCC) acknowledges the Quality...

NCDMB hails Marconi’s Acqusition of Saipem’s Yard

Marconi.NG EPC Limited has strengthened its status as a...

Indigenous Oil Companies Get Boost as NCDMB Deepens Nigerian Capacity

Nigeria’s push for greater indigenous participation in the oil...

Related Articles

Popular Categories

spot_imgspot_img