By Thompson ABISOLA
The Federal Capital Territory Administration (FCTA) says it will soon commence the issuance of Certificates of Occupancy (C-of-O) to the beneficiaries of the Mass Housing programme in the territory.
The FCT Director of Lands Administration, Adamu Hussaini, disclosed this while receiving the Management Team of Federal Mortgage Bank of Nigeria (FMBN) in his office in Abuja on Friday.
Hussaini said arrangements were on top gear to collate names of the beneficiaries from the project developers to enable them to have bankable title documents to their properties.
“This will also afford them opportunities to even access credit facilities from financial institutions,’’ he added.
The director, however, expressed concern over the rate at which plots in the estate were illegally being sold to the public, saying that was at variance with government’s good intentions.
“Mass housing plots were not allocated to be sold but to be built on. It is aimed at providing affordable housing to low income earners across the territory,’’ he said.
Hussaini warned that developers going contrary to the objectives of the programme would definitely be sanctioned in accordance with the laws of the land.
He enjoined FMBN to key into the scheme and take advantage of the FCTA liberalisation policy of land allocation for housing in the territory.
The director gave the assurance that the FCT administration was determined to deliver affordable houses to the residents of the territory.
Earlier, the Managing Director of FMBN, Malam Ahmed Dangiwa, said the purpose of the visit was to seek ways of collaboration with the FCTA in housing development.
Dangiwa was represented by the General Manager (Risk Management), Sadiq Garba.
