Officials of the Federal Capital Territory Administration FCTA have sealed the Wuse Zone 5 office of the Federal Inland Revenue Service FIRS over non-payment of Ground Rent for 25 years.
The Administration also sealed an Access Bank branch and a Total petrol station located in Wuse District over non-payment of ground rents for decades.
According to officials, the bank had not paid ground rents on the building for 34 years.
The administration had in March revoked 4,794 property titles for failing to pay their ground rents from 10 to 43 years.
Thousands of others who were owing less than 10 years were given a grace of 21 days to pay up or face similar sanctions.
FCTA had last week said it will, on Monday, begin to take possession of the 4,794 properties whose titles were revoked.
The affected bank property was officially allocated to Rana Tahir Furniture Nigeria Limited, and not Access Bank directly.
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