The Federal Capital Territory Administration has given 43 embassies a two-week deadline to pay $5.36 million in overdue ground rent or face the possibility of license cancellation.
In a publication dated February 13, FCTA advised all foreign embassy of lands within the FCT to pay in advance the annual ground rest from the first day of January each year.
The statement advises property owners and beneficiaries who are unable to pay their overdue ground rents for 2023 to settle their debts within two weeks or risk having their titles revoked.
The statement reads,
- “The FCT Administration hereby reminds the general public, particularly allotees of land(s) within the FCT of their obligations to the FCTA as stipulated in the covenanted terms of the Certificate of Occupancy to with “to pay in advance, without demand to the Honourable Minister, FCT, the annual ground rent from the first day of January of each year.”
- “All allotees, property owners as well as beneficiaries of the sale of Federal Government Houses in the FCT who could not pay or settle their outstanding ground rents for the year 2023 are hereby advised in their interest to ensure payment within two (2) weeks from the date of this publication, failure of which titles shall be revoked.”
Lists of Foreign Embassy with outstanding debt
- Embassy of the Republic of Senegal
- Royal Embassy of Saudi Arabia
- Embassy of the Republic of Korea
- Embassy of Turkey (Central Area)
- Embassy of Turkey (Maitama)
- Embassy of the State of Eritrea
- Embassy of Spain (Central Area)
- Embassy of Spain (Maitama)
- Embassy of Niger Republic (Central Area)
- Embassy of Niger Republic (Maitama)
- Embassy of Indonesia (Defence Attache)
- Embassy of the Republic of Indonesia (Central Area)
- Embassy of the Republic of Indonesia (Maitama)
- Embassy of Cote D’Ivoire
- Embassy of Democratic Republic of Congo (Central Area)
- Embassy of Democratic Republic of Congo (Maitama)
- Embassy of Russia (Maitama)
- Government of Trinidad and Tobago
- British High Commission
- Cameron High Commission (Central Area)
- Cameron High Commission (Maitama)
- South Africa High Commission (Central Area)
- South Africa High Commission (Maitama)
- Zambia High Commission.
Download Nairametrics App for breaking news and market intelligence.