To issue titles to land owners

The executive committee of the Federal Capital Territory Administration (FCTA) has approved the inclusion of the sale of mass housing units into the scope of work of the accelerated area council reinsurance scheme.

The Senior Special Assistant to the FCT Minister on Information Management System, Temila Tangaza disclosed this at a press briefing on the outcome of some major decisions taken by the exco meeting on Monday.

She said the meeting, which was chaired by the minister of the Territory, Bala Mohammed, was satisfied with the implementation of the project which was initiated in December 2011.

“With this approval, land owners in the territory, within a specific time, will have their titles of certificate of occupancy which in turn can be used to obtain loans and mortgages that will also transform into economic activities and development in the territory,” she said.

“The issuance of these titles to owners of this plots will increase the internally generated revenue for the FCTA, through the collection of statutory land fees. The proceeds will then be expended on the infrastructural development of the capital city.”

Tangaza stated that the process of the issuance of the certificates of occupancy or titles for the mass housing plots is similar to that of the area council plots, as the titles will make it easy for beneficiaries to register with the Abuja Geographical Information System (AGIS).

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