FCDA Federal Capital Development Authority

Federal Capital Development Authority was created to control the infrastructural and physical expansion (design, planning, and construction) of the new Nigerian Federal Capital, Making sure that it meets or exceeds the standards of new Capital cities around the world, paying exceptional consideration to inclusivity, functionality, aesthetics, and design.

ESTABLISHMENT

The Federal Capital Development Authority (FCDA) is a conception of Decree No.6 of February 5, 1976 quoted as the Federal Capital Territory Act. The Decree, which bestowed ownership and control of all land in Abuja to the Federal Government also gives the FCDA the burden of handling the design, planning and construction of the Federal Capital Territory with the functions blow:
1)    To pick out a site within the Capital Territory for the location of the Capital City
2)    To organize a Master Plan for the use of land in the Capital City along with the rest of the Capital Territory;
3)    To provide public/community services inside the Capital Territory;
4)    To establish infrastructure for example roads, railways, bridges, reservoirs, water course buildings and other such works as may be required in the FCT
5)    To co-ordinate the activities and tasks of the Area Councils, Departments and other Agencies of the government of the Federation within the FCT.

The Management of the Federal Capital Development Authority

The Executive Secretary of the Authority is the Chief Executive Officer (CEO) who leads and runs the routine management of the Authority. In addition he is supported by an Executive Management Committee (EMC). The EMC comprise of Directors of Departments and Heads of Units of the Authority; there is also a 10 (ten) member Board constituted by the President to formulate guidelines and supervise the activities of the Authority on a part time basis.
The FCDA Board is headed by the Minister of the Federal Capital Territory. But with the transformation agenda of the previous Administration of Mallam Nasir Ahmed El-Rufai the former Minister of the Federal Capital Territory, Abuja from 16 July 2003 to 29 May 2007, the FCDA had its departments re-structured into nine (9) departments and four (4) Specialized Units as listed below:

Departments

1.     Finance and Administration
2.     Urban and Regional Planning
3.     Engineering Services
4.     Resettlement and Compensation
5.     Public Building
6.     Surveying and Mapping Units
7.     Mass Housing
8.     Satellite Town Infrastructure
9.     Procurement
Units
1)    Internal Audit
2)    Special Project/IT
3)    Legal Services
4)    Public Relations and Protocol.

The (Defunct) Ministry of the Federal Capital Territory

When the FCDA was formed in 1976 to supervise the development of the new Federal Capital City of Nigeria, it was administered by a Board that was initially chaired by Dr. Ali Mazauri.
Later in 1979, it was given the status of a Ministry which was the Ministry of the Federal Capital Territory (MFCT). This Ministry (now defunct) was then created by way of an official Gazette Extraordinary No.55, volume 66 of October 26, 1979 and charged with the following tasks:
     I.        Planning and development within the FCT;
    II.        Control of development within the FCT;
  III.        Arrangement for the provision of social services;
   IV.        Administration of the FCT;
    V.        Allocation of urban and rural lands in the FCT; and
   VI.        Relations with the FCDA
Even though the FCDA and the MFCT were literally merged to a point where both shared the same Departments of Administration and Finance, the FCDA still maintains its own management board. And this was the status quo up until the tenure of the 3rd FCDA Board (2002-2004) when an attempt at a de-merger was actually undertaken.
         On the other hand, in 2004, the then FCT Minister, Mallam Nasir El-Rufai, obtained the President's endorsement to wind up the Ministry of the Federal Capital Territory (MFCT). And in line with that approval as contained in the Federal Capital Territory's (Establishment of functionaries and Departments) and the Federal Capital Territory's (Dissolution) order No. 1 of 2004, the MFCT stopped to exist on May 31st, 2004. The Ministry is now well-known and referred to as the Federal Capital Territory Administration-(FCTA).

       Barrister Nyesom Wike and Dr. Mariya Mahmud officially began their roles as the 17th and 12th Ministers of State of the Federal Capital Territory on August 21, 2023. Their inauguration, conducted by President Bola Ahmed Tinubu, took place at the Presidential Villa in Abuja.

Vision:

The vision is to build a first-class Capital City and Territory as good as the best Capital Cities and Territories in the world.

Mission:

The mission is to build Abuja City and the Territory in compliance with the Abuja master plan, taking into consideration all the aims that necessitated the movement of the Nigeria Federal Capital from Lagos, and to establish a result-oriented supervision with continuous emphasis on service delivery.

4 Reasons Why They Won’t Buy Your Home


Selling your home can be stressful. With constant showings, open houses, and a pile of paperwork in front of you, navigating how to sell your home is quite the undertaking.



The rush of excitement when you put the for sale sign can quickly fade when no offers are coming in, and the showing requests are non-existent.



There are any reasons why a buyer may love your home, but learning why they won’t buy, and what you can do to get more offers in, can save you time and money in the long run!

They Won’t Buy Your Home In The Wrong Neighborhood


A home in a bad location, with long commute times, or located in unsafe areas will always be hard to sell. So how can you know if you are in a good or bad neighborhood?



A good neighborhood should have the following:

       Short Commutes to Business Parks and Highways

       Low Crime

       Good Schools

       Nearby Restaurants, Parks, Gyms and More

       Good Schools

       Well Maintained Homes and Yards

Finding houses within a great school district, areas with high employment, and easy commutes are the best houses for a flip.

If your home is located in a higher crime area, you can work around this by installing safety features in your home, such as better light and alarm systems. You can also help buyers feel more at ease by providing more information about your location, and where the must haves places to eat, shop and workout!



 If the majority of residents located in the vicinity of your property are tenants, the house will be hard to sell for anything close to what you may have in mind as a "retail" price. There is no such thing as retail in those areas. Houses go for huge discounts or they don't go at all.

They Won’t Buy Your Home with A Weird Layout


The last thing people want to do before they sell, is make repairs and upgrades. Buyers don’t want homes with ‘funky’ layouts or doors that lead to nowhere.



You may have heard the word ‘move-in ready’ thrown around lately, but buyers will offer more for homes they don’t have to fix themselves.



Look for ways to make a home feel more functional, modern and appealing to a wide variety of buyers. House flippers using phoenix hard money loans suggest adding smart features, painting with neutral colors, and opening up spaces.

.

Even small repairs such as a fresh coat of paint, or a new door, can add tremendous value to your space. If repairs are out of your budget, consider the way you stage your room to breathe new life into a space.



They Will not Buy Your Home with Bad Marketing


When selling your home, it takes more than a for sale sign to get offers in.



That’s why serious sellers always enlist the help of a realtor. Marketing a property, takes great photos, great staging, and a great Realtor to make sure your property gets more buyers looking to get more offers in!



There is an art to great marketing, and unless you are working with a great Realtor who know how to market your property you house won’t sell!



They Won’t Buy Your Home Listed For the Wrong Price


A great realtor also knows the best way to price your home. Buyers want to make sure that they don’t overpay for a home, and a over-priced house isn’t going to sell. 



A great realtor will be able to show you comparable properties with similar layouts upgrades, lot sizes and square footage and discuss just how much to sell your home for!



Realtors and Hard money lenders often use comparable properties to determine how much a property such cost, and how much a home will sell for.



Homes at the right prices will attract more potential buyers. Pricing your home can be difficult, but every offer is negotiable, and easier with the more offers you have!

 Summary


When it comes to selling your home, attracting the best buyers is key. You can make sure that you get more offers on your listing by avoiding these reasons people don’t want to buy your home!



       They Won’t Buy Your Home in Wrong Neighborhood

       They Won’t Buy Your Home With A Weird Layout

       They Won’t Buy Your Home With Bad Marketing

       They Won’t Buy Your Home Listed For the Wrong Price

Working with a great Realtor can make sure that your home can sell fast, and for the price you want!

Bio

Catherine Way a marketer and content-creator for hard money lenders, commercial Realtors, and more. She loves to find new ways to connect with people and provide valuable information about the ever-changing real estate markets. She currently writes and creates for Prime Plus Mortgages - Phoenix hard money loans.