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Nigerian President Tinubu grants 14-day grace period for property tax payments in FCT amid title revocations.
Nigeria's President Bola Tinubu has intervened in the Federal Capital Territory (FCT) by granting a 14-day grace period for property owners to pay overdue ground rent and taxes, following mass revocations of property titles.
The FCT Minister, Nyesom Wike, has also given a 14-day deadline to regularize property ownership.
Wike plans to increase ground rent due to long-standing debts and urges residents to pay taxes to support infrastructure development, noting the FCT relies solely on taxes for funding.
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El presidente nigeriano Tinubu concede un período de gracia de 14 días para los pagos de impuestos a la propiedad en FCT en medio de revocaciones de títulos.