Politics
Nyesom Wike Slams N5m fine, 7.5% Conversion Fee On FCT Land Defaulters
Nyesom Wike, the Minister of the Federal Capital Territory, has approved a N5m fine, payable within 30 days, for allottees and land title holders who have violated the Land Use Act in the FCT.
In addition, he endorsed a 7.5 per cent charge on the Assessed Capital Value of properties converted without the knowledge or express consent of the FCT Administration, also payable within 30 days.
Wike gave the approval on Tuesday after receiving the report of the committee established to tackle the abuse of the Land Use Act in the capital ,and.. Read . .More —
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