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FCT to Allocate 14,000 Plots

Posted by From Andy Ekugo in Abuja on 2005/08/05 | Views: 310 |

FCT to Allocate 14,000 Plots


Minister of the Federal Capital Territory (FCT) Mallam Nasir el-Rufai yesterday said that the FCT would allocate about 14,000 plots of land to applicants.

Minister of the Federal Capital Territory (FCT) Mallam Nasir el-Rufai yesterday said that the FCT would allocate about 14,000 plots of land to applicants.

The plots was part of the 45,000 announced recently by the Federal Capital Territory Administration (FCTA) as being ready for allocation.

The minister said people living in squatter settlements like Jabi, Idu Karimu among others would be the first beneficiaries of the allocation.
El-Rufai disclosed this yesterday when members of the Wuse Market Traders Association (WUMATA) paid him a courtesy call.

The traders had visited the minister to solicit for downward review of prices of shops announced for sale at the market. FCTA had last month announced various prices ranging from N1.3m to N3.5m for the shops.

They also asked that payment should be spread between 1-3 years from January 2006 and that only allottees should be given the right of offer of the first refusal including the demand for a traders village where lands will be allocated to traders to build residential houses.

Mallam el-Rufai however told the traders that the administration would neither review the prices downwards nor extend the period of payment stressing that before the prices were arrived at, there were consultations.

On the period of payment he said, "we have only up till 2007 to deliver and anything that I cannot finish before 2007, I will not embark on". He further xplained that the shops are on a 50-year sub lease term and that the first right of refusal should go to traders occupying the shops.

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Fay(Katy, Texas, US)says...

Actually translates to bravehearted.