There’s a major shift happening in Abuja’s real estate space and if you own land in the FCT,
this directly affects you.
The Minister of the Federal Capital Territory, Nyesom Wike, has issued a firm directive:
Landowners must develop their plots within two years of allocation, or risk
revocation by the government.
Already, this order has led to the revocation of 165 plots in high-profile districts such as
Maitama, Asokoro, Wuse II, and more. The message is clear: unused lands will no longer be
tolerated.
What’s Behind This Policy?
The aim is simple — end the era of land hoarding and accelerate urban development
across the FCT.
Abuja is growing, and the administration wants to ensure that every allocated
plot contributes to that growth
This new policy is anchored on Section 28(5)(a) & (b) of the Land Use Act, 1978 — giving the
government the legal power to revoke undeveloped land after a reasonable time frame.
What This Means for Landowners and Investors
Let’s break down the opportunities and risks:
The Upside
● Faster Urban Growth
With development deadlines enforced, we’ll see rapid infrastructure growth, better
amenities, and more vibrant communities.
● Increased Housing Supply
As more buildings go up, especially residential properties, we could see a significant
reduction in housing costs, making Abuja more affordable.
● Improved Public Services
Planned development often attracts better roads, electricity, water, schools, and health
services — a win for everyone.
The Downside
● Risk of Revocation
If you don’t develop your land within the two-year window, the FCTA could legally
revoke your ownership, no matter how much you paid for it.
● High Financial Pressure
Not everyone is ready to build immediately. Securing funding, approvals, and
contractors can take time. This policy might force unprepared landowners into a tight
spot.
What Should You Do Now?
If you own land in Abuja, here’s how to stay ahead:
- Create a Development Plan: Even a basic structure or fencing could make a difference.
Show progress. - Talk to Experts: Consult with architects, lawyers, and urban planners to ensure
compliance. - Start Now: Don’t wait. The two-year clock starts ticking from your date of allocation.
This isn’t just another government directive — it’s a clear message that Abuja is open for
business and development.
If you’re a landowner, developer, or investor, this is your time to act. Either build or risk losing it.
Warm regards,
RealtorKingz.
