spot_img
spot_imgspot_img
July 18, 2026 - 4:34 AM

Wike Announces Upcoming Ground Rent Increase

Minister of the Federal Capital Territory (FCT), Nyesom Wike, is turning up the heat on tax defaulters, warning that a hike in ground rent is on the horizon as his administration grapples with widespread non-compliance.

Addressing journalists after inspecting infrastructure projects in Abuja on Wednesday, Wike declared tax evasion particularly unpaid ground rent as his biggest headache since assuming office.

“This is our greatest challenge. People want world-class infrastructure, but nobody wants to pay. Abuja runs on taxes, not oil.” He said.

Recall that the FCT administration had earlier in the week sealed properties owned by major defaulters, including the PDP National Secretariat, NAPTIP, FIRS, an Access Bank branch, and a TotalEnergies filling station.

The crackdown drew swift backlash from the Peoples Democratic Party and the Federal Inland Revenue Service, who slammed the move as “unprofessional” and undemocratic.

President Bola Tinubu stepped in, granting a two-week grace period for affected parties to pay up plus penalties ranging from N2 million to N3 million, depending on location.

Wike was unsparing in his criticism: “Some of these people owe 20 to 30 years of ground rent. And we haven’t even increased the rate yet. But that’s coming.”

He noted the hypocrisy of elite Nigerians who diligently pay taxes abroad to avoid property forfeiture but flout the law at home. “Nobody defaults abroad because they know the consequences. Here, they act with impunity.

The former Rivers state governor confirmed he had recently signed over 1,500 Certificates of Occupancy and Deeds of Assignment, urging residents to fulfil their civic duties.

“Pay your taxes, and you’ll see what we can do. No amount of blackmail or noise will stop us. We are moving ahead.” 

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted

Share post:

Subscribe

Latest News

More like this
Related

Davido Flies Home for Israel DMW’s Father’s Burial

Afrobeats star David Adeleke, known as Davido, arrived in...

VDM on Peller’s Wedding: ‘I’m Happy for Him and Jarvis’

Nigerian TikTok stars Peller and Jarvis are two weeks...

Legal Expert Hails Abia Startup Law, Urges States to Embrace Innovation Reforms

A legal expert, Osigwe Momoh, has hailed the enactment...

Air Force Bombs Suspected Boko Haram Hideout in Borno, Scores Feared Killed

The Air Component of Operation HADIN KAI has carried...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x