FCT signs 26,272 Certificates of Occupancy
Analysis based on 15 articles · First reported Aug 16, 2026 · Last updated Aug 16, 2026
The increased issuance of Certificates of Occupancy is expected to boost real estate activity and property financing in the FCT, as title documents serve as collateral for loans. This could stimulate private-sector investment and improve the ease of doing business in Nigeria's capital territory.
The Federal Capital Territory Administration, under Minister Nyesom Wike, has signed 26,272 Certificates of Occupancy (C-of-O) since President Bola Tinubu assumed office in May 2023. This surpasses the 8,697 certificates issued between 2010 and 2023 under previous administrations. The FCT Administration streamlined the process, enabling allottees to receive certificates within two weeks of payment and introducing automated notifications. Additionally, 2,521 Consents to Assign and 177 Consents to Mortgage were granted, compared to lower numbers under previous governments. These reforms aim to improve ease of doing business, support property owners and small businesses in accessing financing, and reduce bureaucratic bottlenecks in land administration.
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