N29BN Debt : FCT Administration urges Property Owners to Pay,​ ​ Inaugurates Debt Recovery Committee

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The FCT Administration has warned all land allottees and Property owners who are yet to pay Ground Rents to pay their debts or face sanction

The FCTA Permanent Secretary, Mr. Adesola Olusade who gave the warning in Abuja however inaugurated a​ Coordinating Committee to recover Outstanding Ground Rents of N29.506billion owed the Administration by property owners in the FCT

This was contained in a statement issued and signed in Abuja by​ Muhammad Hazat Sule, Director, Information and Communication, FCTA
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The Permanent Secretary, while inaugurating the Committee said the administration was in dare need of funds to provide the needed infrastructure and quality service to residents of the capital territory
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Mr. Olusade explained that funding of FCTA activities is being hampered due to paucity of funds, which is necessary for the running of a modern capital city such as Abuja.​
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The Permanent Secretary recalled that the FCT Administration has earlier migrated all revenue collections to Treasury Single Account (TSA) via REMITA Platform, to boost revenue generation in compliance with the Federal Government directive.​
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The 9-Member Coordinating Committee is headed by the FCT General Counsel / Secretary of Legal Services Secretariat, Muhammed B. Umar.
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