ArticleMajor 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.
