Minister of the Federal Capital Territory says the issuance of Certificates of Occupancy to individual beneficiaries of houses within Mass Housing Projects will soon begin.
Muhammad Musa Bello stated this after receiving officials in Abuja, from Shelter Afrique led by the Regional Business Manager, Mr. Zachary Munene.
Bello noted that landed properties in Abuja must have titled documents to add more value to make them bankable.
He stressed that the Certification of landed property in Abuja would fast track development as it would enable investors and real estate financiers get a dependable security for their investments.
The minister added that “the Federal Capital Territory, Abuja needs investments and would do everything possible to provide an enabling environment for such investments to strive.”
He directed the Abuja Geographic Information System (AGIS) as well as the Department of Land Administration to ensure that all those who have completed processes and paid the necessary fees on their property should have their titles processed and handed over to them in line with approved guidelines.
The minister called for closer collaboration between the FCT Administration and Shelter Afrique by ways of verifying the status of any landed property for the organization before any kind of engagement with developers.
“The FCT Administration considers Shelter Afrique as a credible Pan-African organization that can contribute positively to the housing development landscape of the Territory”, he emphasized.
The Regional Business Manager of Shelter Afrique, Mr. Zachary Munene said that Shelter Afrique is an African financier in real estate development with focus on Affordable Housing for the continent.
Mr. Munane stated that the organization, which has been doing business in Nigeria for the past three years, was poised to assist the Federal Government in delivering affordable housing to Nigerians.