In a groundbreaking revelation, it has come to light that former Nigerian Head of State, General Ibrahim Badamasi Babangida (IBB), owes a staggering N152 million in unpaid land title fees to the Federal Capital Territory Administration (FCTA). This debt, revealed in the latest land title debt registry, has raised concerns over the management of land allocations and ownership rights in the nation's capital.
Also listed among the defaulters are prominent former governors, Samuel Ortom of Benue State and Aminu Waziri Tambuwal of Sokoto State, both of whom are included in a list of 9,532 individuals and entities owing various amounts for land title-related dues in Abuja.
The FCTA has consistently emphasized the importance of transparency and accountability in land transactions, asserting that these debts undermine the integrity of the land administration process. The total debt owed by individuals and entities in the land title registry now amounts to billions of naira, and the FCTA has called for urgent measures to recover these funds, urging defaulters to settle their debts or face possible legal action.
The former Head of State, General Ibrahim Badamasi Babangida, has been identified as owing N152 million in outstanding land title fees, a significant sum that contributes to the growing debt in the FCTA land registry.
Ex-Governors Samuel Ortom (Benue) and Aminu Tambuwal (Sokoto) have been named as part of a wider list of 9,532 defaulters, with amounts owed varying from millions to billions of naira.
The Federal Capital Territory Administration (FCTA) has reaffirmed its commitment to enforcing land ownership regulations and has warned that all defaulters must settle their outstanding debts or face legal ramifications, including potential forfeiture of their land titles.
The total amount owed by all defaulters listed in the registry is estimated to run into billions of naira, raising concerns about the management of land resources and the impact on the nation's economy.