FCTA to is­sue cer­tifi­cates of oc­cu­pancy to all landed prop­er­ties in Abuja

Daily Trust - - PROPERTY -

The FCT Min­is­ter, Malam Muham­mad Musa Bello has said that the FCT Ad­min­is­tra­tion is work­ing to­wards has­ten­ing the is­suance of Cer­tifi­cates of Oc­cu­pancy to own­ers of all landed prop­er­ties in the ter­ri­tory, in­clud­ing those ones in es­tates.

Bello made this dis­clo­sure while re­ceiv­ing a del­e­ga­tion of the Real Es­tate De­vel­op­ment As­so­ci­a­tion of Nige­ria (REDAN) led by its na­tional pres­i­dent, Sur­veyor Ugochukwu Chime in his of­fice.

The min­is­ter ex­plained that the pol­icy is to make valid ti­tle doc­u­ments avail­able for all landed prop­er­ties in the Fed­eral Cap­i­tal Ter­ri­tory, ir­re­spec­tive of the size to ease the land re­lated trans­ac­tions and trans­fer of ti­tle be­tween par­ties.

He said that it is the duty of the FCT Ad­min­is­tra­tion to en­sure that own­ers of prop­er­ties in Abuja ben­e­fit from ob­tain­ing credit fa­cil­i­ties from fi­nan­cial in­sti­tu­tions the way it is done all over the World.

He said, “Prop­er­ties any­where in Abuja would be cer­tifi­cated, whether they are just on one-off plot, in es­tates or high-rise build­ings. Wher­ever they are, we have re­al­ized that it’s very im­por­tant for ev­ery per­son to have a ti­tle doc­u­ment for his or her build­ing or land. This is some­thing that we are work­ing on and we feel very en­cour­aged that a rep­utable group like REDAN is also ad­vo­cat­ing the same thing.”

The min­is­ter called on REDAN to come for­ward with fur­ther ideas that could help in fine-tun­ing this pol­icy.

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