All landed property to get C of O in Abuja soon- Bello
The FCT Administration is working towards hastening the issuance of Certificates of Occupancy to owners of all landed property in the Federal Capital Territory, Abuja including those in estates.
Minister of the Territory, Malam Muhammad 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 reiterated that the policy aims at making valid title documents available for all landed property in the FCT, irrespective of the size; to ease land related transactions and transfer of title between parties.
Bello said that it is the duty of the administration to ensure that owners of property 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: “Property 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”.
Bello further said, “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.”