• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, June 3, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

PDP can’t pay N7m ground rent despite generating N20b from donations, after 16 years in power

PDP

The Matters Press by The Matters Press
March 29, 2025
Reading Time: 2 mins read
0
PDP loses Bayelsa to APC

PDP henchmen

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has refuted the claim by the Peoples Democratic Party (PDP) that its land title was revoked as a ploy to suppress opposition.

RELATED POSTS

FCT ground rent!: Check your name if you own property

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

IMPI urges media to consider national interest in reporting security challenges

Wike made the statement during a visit by officials of the Body of Benchers, led by Chairman Chief Adegboyega Awomolo (SAN), in Abuja on Friday.

Wike, who is also a life bencher, expressed dismay over PDP’s allegation that he had been instructed to revoke the party’s land title in Central Area, Abuja, to stifle opposition.

He pointed out that political, religious, and ethnic sentiments were often linked to every executive action in the country.

He said that the revocation of land titles of allottees, who had failed to pay mandatory ground rent for over 10 years was often misinterpreted as a political move.

Wike pointed out that the PDP had been in power for several years but could not pay the N7.6 million ground rent for its land title in the Central Area, where it was constructing its National Secretariat.

He noted that in spite of generating between N13 billion and N20 billion through the sale of party forms, the PDP had not paid the ground rent, which amounted to N7.6 million.

Wike further explained that the Wadata Plaza, where the PDP’s National Secretariat was located, was not registered as a property of the party but was instead registered under a Senator residing in Abuja.

He noted that the registered owner had failed to pay the ground rent for 28 years, but the PDP continued to claim that the minister was targeting its secretariat.

“Maybe they had a deal with the man and did not complete the deed of assignment and were shouting oh, they sent Wike to revoke the land as a ploy to kill opposition.

“What kind of mentality is that?” Wike asked.

He emphasised that the land revocation was not peculiar to the PDP, stating that other institutions, such as the Independent National Electoral Commission (INEC) and the Central Bank of Nigeria (CBN), including individuals had also had their land titles revoked for the same reason.

He said that CBN had been pleading for the reversal of the land title, “but I told the bank to pay the outstanding ground rent before the revocation will be reversed”.

Wike also advised the Body of Benchers to ensure they paid their ground rent, warning that no defaulting land allottee would be spared.

Wike had approved the revocation of 4,794 land titles on March 17, 2025, due to non-payment of ground rent for over 10 years, affecting individuals, corporate organisations, and government institutions.

Tags: PDP
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Property owners besiege FCT office to pay ground rent
Economy/Technology

FCT ground rent!: Check your name if you own property

June 3, 2025
News

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

June 3, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

IMPI urges media to consider national interest in reporting security challenges

June 3, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
News

Malami’s opposition to Tinubu’s endorsement self-indicting – TDF

June 3, 2025
President Tinubu outlines new economic, monetary, foreign policies
Economy/Technology

CUPP goofs over President Tinubu’s 2027 endorsement by governors

June 2, 2025
Senate probes $3.5b with NNPC
Economy/Technology

Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling

May 30, 2025
Next Post
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI

Nigeria’s reforms comparable to transformational policies in Rwanda, Singapore, others

Chamber of Commerce decries poor real estate business

Nigeria’s N100bn real estate fund testament to Tinubu’s commitment to affordable housing

Recommended Stories

Nigeria disburses N56bn to MSMEs

Osinbajo inaugurates 200 MSMEs shared facility in Imo

December 15, 2021
Varsities to meet on Centres of Excellence

Tinubu appoints governing councils for varsities, check the list

May 18, 2024
China, U.S end tariffs’ war

China, U.S end tariffs’ war

December 2, 2018

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • FCT ground rent!: Check your name if you own property
  • Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,
  • IMPI urges media to consider national interest in reporting security challenges

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us