News
FCT minister, Wike gives land allotees 21 days to pay or lose offer
The Federal Capital Territory Administration (FCTA) has given land allottees 21 days to pay all statutory Right of Occupancy (R of O) bills and charges or lose the offer.
Mr Lere Olayinka, Senior Special Assistant on Public Communications and Social Media to the FCT Minister, disclosed this at a news conference in Abuja on Friday.
Olayinka explained that the measure was part of the broad and comprehensive reforms on land administration in the FCT, approved by the FCT Minister, Mr Nyesom Wike.
He said that the reforms, which would become operational from April 21, covers specific areas like conditions of grant of statutory R of O, and contents of the statutory R of O bill.
Others, he said, would include contents of Letter of Acceptance/Refusal of offer of grant of R o O, titling of mass housing and sectional interests, as well as regularisation of area council land documents.
He explained that the crux of the sweeping reforms in the FCT land administration would ensure the regularisation of land allocations in area councils and title of mass housing properties in favour of buyers.
He added that the land allottees were also expected to develop allocated lands within two years.
Olayinka noted that before now, deadline for payment of bills, rents, fees and charges were not specified in the statutory R of O bill, with no penalty for failure to make payment promptly.
According to him, the non-collection of R of O and non-payment of bills has caused delay in revenue generation due to the FCTA.
“It has also caused slower pace of infrastructural development and promote sustained land speculation and racketeering.
“Also, huge expenses have been incurred by the FCT Administration through repeated advertisements and publications notifying the public on the need for collection of R of O and timely payment of bills and charges.
“Consequently, as against the unspecified period within which to collect the R of O and make full payment of the bills and charges, land allottees now have 21 days from the date of offer to make full payment of all bills, fees, rents and charges prescribed on offers, and submit a duly completed letter of acceptance alongside evidence of payments or lose the offer.”
The spokesman added that FCTA had equally given land allottees two years from the date of the commencement of the R of O to erect and complete development on any land granted in the FCT.
This, according to him, is against the lengthy or unspecified period within which to develop allocated lands.
“Therefore, any R of O bills and other payments made outside the stipulated 21 days shall be considered invalid while any land granted should be developed within two years,” he said.
Also, the Director of Land Administration, FCTA, Chijioke Nwankwoeze, said this was the first time the Administration had reviewed its land administration to improve efficiency.
Nwankwoeze said that with this development, allottees would no longer hold their R of O in their house and assumed they owned a land in FCT.
He said that beginning from April 21, any offer of R of O must be paid for within 21 days of offer to validate acceptance.
“So, acceptance of the offer of statutory R of O in the FCT is now tied to payments of the accompanied bills,” he said.
The director of land also said that for lands allocated in the area councils, the allottees would be expected to make all payments within 60 days.
The Inspector-General of Police, Kayode Egbetokun, the Nigeria Police Force has directed his men to resume the issuance of tinted glass permits across the country.
This development was announced in a statement released on Wednesday by the Force Public Relations Officer, Olumuyiwa Adejobi.
According to the Force spokesperson, the move comes in response to rising concerns and complaints from the public over the harassment of vehicle owners by law enforcement agents for using factory-fitted tinted windows.
“The Nigeria Police Force, under the directive of the Inspector-General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, has reactivated the issuance of Tinted Glass Permits (TGP) nationwide through a secure and user-friendly digital platform.
“This initiative comes in response to widespread public complaints about the harassment of motorists over the use of tinted windows and reflects the need for a clear, transparent, and accountable process for regularising factory-fitted tinted glass on vehicles”, the statement partly read.
Highlighting the prevalence of modern vehicles designed with tinted windows for comfort and aesthetics, the police emphasised the importance of having a formal system to regulate usage.
“With modern automobiles increasingly manufactured with tinted windows, it has become essential to provide a standardised system that accommodates legitimate use while ensuring public safety.
“Tinted vehicles have often been exploited for criminal purposes, including kidnapping, armed robbery, ‘one-chance’ scams, and other forms of banditry”, Adejobi explained.
According to the statement, the abuse of tinted windows by criminals creates operational challenges for law enforcement and compromises national security.
In addition, he explained that law enforcement will begin active implementation after the grace period, and the police warn that officers who misuse the enforcement process will be sanctioned.
“Enforcement will commence at the end of this period. Officers found engaging in unprofessional conduct, such as extortion or harassment, in the course of enforcement will be decisively dealt with in accordance with extant disciplinary procedures”, he said.
By Gloria Ikibah
The Central Bank of Nigeria (CBN) has announced a revised documentation requirement for transactions conducted through the Pan-African Payment and Settlement System (PAPSS) in Nigeria.
This was disclosed in a statement issued by the apex bank’s acting Director, Corporate Communications, Mrs. Hakama Sidi Ali
The CBN said the new initiative is part of its ongoing commitment to foster seamless intra-African trade, financial inclusion, and operational efficiency for Nigerians engaging in cross-border payments within Africa.
Launched by Afreximbank in partnership with the African Union and the African Continental Free Trade Area (AfCFTA) secretariat in January 2022, PAPSS serves as a centralized payment and settlement platform that enables instant, secure, and efficient cross-border transactions throughout Africa.
By facilitating payments in local currencies, PAPSS minimizes reliance on third-party currencies, reduces transaction costs, and supports the rapid expansion of trade under the AfCFTA.
In a recent circular referenced TED/FEM/PUB/FPC/001/006 issued on April 28, 2025, CBN outlined the key changes to the documentation requirements associated with PAPSS transactions.
The key changes it added take effect immediately and include simplified documentation for low-value transactions, which allows customers to now use basic KYC and AML documents provided to their authorized dealer banks for low-value transactions of up to $2,000 and $5,000 equivalent in naira for individuals and corporate bodies, respectively.
“For transactions above the thresholds, all documentation as stipulated in the CBN foreign exchange manual and related circulars remains mandatory,” the bank said.
Also, the CBN added that applicants are responsible for ensuring all regulatory documents are available to facilitate the clearance of goods, as required by relevant government agencies.
“Authorized dealer banks may now source foreign exchange for PAPSS settlements through the Nigerian foreign exchange market, without recourse to the CBN.
“All export proceeds repatriated via PAPSS shall be certified by the relevant processing banks.
“The Central Bank of Nigeria urges all banks to adopt PAPSS and commence originating transactions in line with this new policy.
“In addition, CBN encourages exporters, importers, and individuals to familiarize themselves with the new requirements and leverage PAPSS for cross-border transactions within Africa,” the statement said.
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