Wike signs 26,272 C-of-Os in three years, surpassing 13-year record
FCT Minister Nyesom Wike has signed 26,272 Certificates of Occupancy, significantly surpassing previous records and streamlining the C-of-O process. Read More: https://punchng.com/wike-signs-26272-c-of-os-in-three-years-surpassing-13-year-record/
The Federal Capital Territory (FCT) Minister, Nyesom Wike, has signed 26,272 Certificates of Occupancy (C-of-O) in just three years since President Bola Tinubu assumed office in May 2023, surpassing the previous 13-year record. This achievement is 17,575 more C-of-Os than the 8,697 produced and signed between 2010 and 2023, according to the FCT Administration.
In a statement, Senior Special Assistant to the FCT Minister on Public Communications and Social Media, Lere Olayinka, revealed that the administration has streamlined the process for issuing these documents, with allottees now receiving their C-of-O within two weeks after making necessary payments. This initiative is part of President Tinubu's Renewed Hope Agenda and aims to ease business in the FCT by providing collateral for commercial loans and business expansion.
During the tenure of President Goodluck Jonathan, 5,500 C-of-Os were issued, while under President Muhammadu Buhari, 3,197 were issued.
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