Mr. Olusade Adesola, the Permanent Secretary of the Federal Capital Territory Administration (FCTA), has established a Coordinating Committee on the Recovery of Outstanding Ground Rents of N29, 506,643,943.98 owing to the Administration by property owners in Abuja.
This, he claimed, was to increase money generation into the administration’s coffers.
The Permanent Secretary stated during the Committee’s inaugural meeting at the FCT Minister of State Conference Room in Abuja that improving revenue production has been a priority for this administration from its establishment.
In a statement made available to newsmen in Abuja by the Director, Information & Communication, Federal Capital Territory Muhammad Hazat Sule, Adesola reaffirmed that money is critical in the operation of government, the supply of infrastructure, and the provision of infrastructure as well as delivery of quality services to the residents of the Territory.
He explained that funding of FCTA activities is being hampered due to paucity of funds, which is necessary for the running of a modern capital city such as Abuja.
He said: “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”.
The Permanent Secretary, however, recalled that the FCT Administration has earlier migrated all revenue collections to Treasury Single Account (TSA) via REMITA Platform, to boost revenue generation in compliance with the Federal Government directive.
According to him, “despite all these efforts, the rate of revenue generation has not met the realities on ground, hence the need to exploit other frontiers”.
The 9-Member Coordinating Committee is headed by the FCT General Counsel / Secretary of Legal Services Secretariat, Muhammed B. Umar.
