• About
  • Privacy Policy
  • Contact
Tuesday, June 3, 2025
No Result
View All Result
NEWSLETTER
Diplomatic Info
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
    • mail
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
    • mail
No Result
View All Result
Diplomatic Info
No Result
View All Result
Home ECOWAS Nigeria

FG inaugurates committee to recover N29 billion debts from Abuja property owners

by Diplomatic Info
June 17, 2022
in Nigeria
0
FG inaugurates committee to recover N29 billion debts from Abuja property owners
0
SHARES
17
VIEWS
Facebook ShareShare on WhatsAppTweet it!

“We are serious about this. All those owing should come forward to settle their debts.”

The Federal Capital Territory Administration (FCTA) says it has inaugurated a committee on the recovery of outstanding ground rents of N29 billion owed the administration by property owners in Abuja.

FCTA spokesman Muhammad Sule, in a statement on Thursday, said the FCT permanent secretary, Olusade Adesola, inaugurated the committee at the administration secretariat.

Mr Adesola explained that the inauguration of the committee was part of efforts to improve revenue generation accruing into the coffers of the FCTA.

He disclosed that since the inception of the administration, improvement in revenue generation had been of importance and reiterated that funding was key in the running of government, provision of infrastructure, as well as delivery of quality services to the residents.

Mr Adesola further noted that funding of FCTA activities was hampered due to paucity of funds, necessary for the running of a modern capital city such as Abuja.

“The decision to embark on recovery of ground rents has, therefore, become a matter of necessity. We are serious about this. All those owing should come forward to settle their debts,” stated the FCTA official.

The permanent secretary recalled that the FCTA had earlier migrated all revenue collections to Treasury Single Account (TSA) via REMITA platform.

He also explained that this was in the bid to boost revenue generation in compliance with the federal government’s directive.

“Despite all these efforts, the rate of revenue generation has not met the realities on ground, hence the need to exploit other frontiers,” added Mr Adesola.

(NAN)

Diplomatic Info

Diplomatic Info

Next Post
Somali military repulses al-Shabaab terrorist attack, kills 47

Somali military repulses al-Shabaab terrorist attack, kills 47

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Pope remains in hospital as condition improves

Pope remains in hospital as condition improves

3 months ago
Myanmar’s Suu Kyi jailed five years for corruption

Myanmar’s Suu Kyi jailed five years for corruption

3 years ago

Popular News

  • Israeli president says situation ‘very serious’ amid judicial overhaul debate

    Israeli president says situation ‘very serious’ amid judicial overhaul debate

    0 shares
    Share 0 Tweet 0
  • Ethiopia to receive 2.2 million doses of COVID-19 vaccines

    0 shares
    Share 0 Tweet 0
  • Buhari arrives Washington for U.S.-Africa leaders summit

    0 shares
    Share 0 Tweet 0
  • Senate set to screen Service Chiefs this week, says Ndume

    0 shares
    Share 0 Tweet 0
  • Nigerian students take over roads leading to Lagos international airport

    0 shares
    Share 0 Tweet 0

Connect with us on Facebook

Subscribe to Our Newsletter

Enter your email now to join our community of readers, and get new contents straight to your inbox

We promise to not spam you

Thanks for joining in.

Category

  • Africa
  • Benin
  • Burkina Faso
  • Business
  • Cote D'Ivoire
  • Cover Story
  • Diplomacy
  • ECOWAS
  • Education
  • Embassy News and Info
  • Events
  • Ghana
  • Guinea
  • Guinea Bissau
  • International
  • Liberia
  • Mali
  • News
  • Niger
  • Nigeria
  • Politics
  • Programs
  • Security
  • Senegal
  • Sierra Leone
  • The Gambia
  • Togo
  • Uncategorized

Quick Links

  • About
  • Contact
  • Privacy Policy
  • Advertise

About Us

Providing strategic insights into important social, cultural, political, and economic factors that significantly influence business and nations, Diplomatic Info will examine these critical issues and provide strategies that create competitive advantages.

© 2023 Diplomatic Info - Built with Love by Creovantage.

No Result
View All Result
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Business
  • Politics
  • Security
  • News
  • Cover Story
  • Africa
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • The Gambia
    • Cote D’Ivoire
    • Ghana
    • Cabo Verde
    • Benin
    • Burkina Faso
  • International
  • Contact

© 2023 Diplomatic Info - Built with Love by Creovantage.