The FCT Administration is working towards hastening the issuance of Certificates of Occupancy to owners of all landed properties in the Federal Capital Territory, Abuja including those ones in estates.
The FCT Minister, Malam Muhammad Musa 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 Abuja.
The minister reiterated that the policy aims at making 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.
Malam Bello said that it is the duty of the FCT Administration to ensure that owners of properties in Abuja derive to the fullest, maximum benefits including obtaining credit facilities from financial institutions the way it is done all over the World.
His words: “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”.
Malam Bello remarked, “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 can help in fine-tuning this policy; saying that present leadership in the FCT is committed to rendering quality and effective services to the public.
The FCT Permanent Secretary, Dr. Babatope Ajakaiye and other top officials of the FCT Administration joined the Minister in receiving the delegation.