Federal Capital Territory (FCT) Minister, Nyesom Wike has threatened to revoke 111 Federal Government residential houses that were sold to individuals under the monetisation policy initiated by the Federal Government but were converted to other uses.
Mukhtar Galadima, the Director of the Administration’s Department of Development Control, revealed this ground-breaking decision at a news conference in Abuja.
According to him, recipients should prepare for the revocation of their possessions if they fail to follow this direction by the deadline of November 1.
He further added the FCT Minister had approved and directed that all owners of such property should revert the use of the property to the designated land use plan which is residential.
He recalled that the Federal Government in 2005 initiated the monetisation programme/land use conversion because of the cost of maintaining the houses and explained that the houses were sold to the occupiers so that they could maintain them.
“It is on this note that the minister has approved and directed that all owners of such properties should revert from the use of the properties to its original and designated land use which is residential.
“Failure to comply with this directive as from November 1, the house is considered as revoked and there will be no right over such property again.
“We are giving such persons and individuals to the end of October to revert to original uses, otherwise from November 1, they should consider such properties as revoked and returned to FCTA,” he threatened.