Major Corporations, Government Agencies Named Among Abuja Land Charge Defaulters

The Federal Capital Territory Administration (FCTA) has identified several major corporations and government agencies, including the Central Bank of Nigeria (CBN), BUA Group, and First Bank, as significant defaulters on Abuja land charges. These entities owe billions in unpaid ground rents and other levies, prompting potential sanctions like title revocation if payments are not promptly made. The move signals a renewed effort by the FCTA to enforce fiscal discipline and boost internally generated revenue for urban development.

12/1/2025
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Major Corporations, Government Agencies Named Among Abuja Land Charge Defaulters
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A new compliance report from the Federal Capital Territory Administration (FCTA) has revealed that several major Nigerian companies and key government Ministries, Departments and Agencies (MDAs) β€” including the Central Bank of Nigeria (CBN), BUA Group, Nigerian Ports Authority (NPA), and First Bank of Nigeria (FBN) β€” are among organizations that have defaulted on Abuja land charges running into billions of naira.

According to officials at the FCTA’s Department of Land Administration, the listed entities failed to settle statutory land use and service charges attached to various properties within the Federal Capital Territory. The overdue payments reportedly cover accumulated ground rents, tenement rates, and other land-related levies that fund essential infrastructure and municipal services.

Authorities say repeated notices were issued to the defaulters over the past year, but many organizations did not respond, prompting the publication of the list to encourage enforcement and recovery. The FCTA noted that some defaults date back several years, creating financial gaps that hamper urban development efforts and public service delivery.

Sources within the administration disclosed that the FCT Minister may approve a new round of sanctions that could include revocation of titles, penalties, and legal action against non-compliant institutions if payments are not made promptly. The FCTA emphasized that no organization β€” public or private β€” is exempt from compliance, adding that transparency is necessary to restore order in property management across the capital.

Economic analysts say the exposure of high-profile defaulters signals a renewed push by the FCT to increase internally generated revenue and enforce fiscal discipline in the face of rising infrastructure demands.

Sources

  • FCTA Department of Land Administration

  • Abuja municipal revenue enforcement unit

  • Statements from FCT officials

  • Real estate and governance analysts

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Oluwabunmi Ayeni

About Oluwabunmi Ayeni

Oluwabunmi Ayeni is a news writer with a diploma in English writing and a passion for impactful storytelling. She combines leadership with a heart for community service, using her voice to uplift and inform.

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