The Federal Government has given owners of its titled properties nationwide a 60-day deadline to pay outstanding ground rent and other statutory charges or face revocation of their Certificates of Occupancy (C of O).
Minister of Housing and Urban Development, Arc. Musa Dangiwa, announced this on Wednesday at the 29th Conference of Directors of Lands in Ministries, Departments, and Agencies (MDAs) held in Abuja, as reported by the News Agency of Nigeria (NAN).
The conference, themed “Equitable Land Stewardship: Challenges of Land Administration and Its Impact on Climate and Community Rights,” brought together key stakeholders from federal and state agencies.
Dangiwa noted that many property owners have defaulted on payments, costing the government trillions of naira in revenue. He stressed that the Ministry, under the current administration, no longer tolerate such non-compliance, as these funds are critical to national development efforts.
“The Federal Ministry of Housing and Urban Development is aware that several owners of its titled properties have failed to pay ground rent and other statutory charges to the Ministry for several years now. This non-compliance has resulted in the loss of trillions of Naira in revenue to the Federal Government. Under the Renewed Hope Agenda of His Excellency, President Bola Tinubu, this cannot be tolerated as this revenue is much needed to deliver the Renewed Hope Agenda to Nigerians.
