The FCT Administration has declared that the request by the promoters of the Centenary city project for the revocation of the development agreement between the Centenary City Plc and the FCT Administration is untenable and unrealistic.
The FCT Minister, Malam Muhammad Musa Bello made this declaration yesterday at the National Assembly during the public hearing on the Centenary project by the Senate Committee on the FCT.
Bello revealed that the Centenary City Plc wrote the FCT Administration requesting for the revocation of a valid development agreement which was duly executed by the two parties as a pre condition to access the over 1, 200 hectares of land for the development of the city.
“Frankly speaking the Centenary City Plc is seeking to operate a parallel authority within the FCT. If not, how do you explain a situation where by the company is asking for the cancelation of the agreement between us and them only to enforce a third party agreement signed between them and another government agency”.
He reiterated that the project was a unique and well conceived idea which the administration is proud to be part of, insisting however, that the agreement clearly spelt out the obligations of each party in the project.
The minister said the arrangement which the company is trying to implement was reached between it and the Nigerian Export Processing Zones Authority (NEPZA) which was signed after the company had earlier entered into a pact with the FCT Administration which qualified it to embark on the project.
He said the free trade zone status which the company is seeking to enforce did form part of the agreement between it and the FCT Administration.
Malam Bello therefore insisted that the administration cannot allow another set of laws to regulate any part of the territory, stressing that the matter has been forwarded to the office the Attorney General of the Federation for legal advise on whether it is proper to have an entity within the Federal Capital Territory operating outside the the FCTA laws.
Credit: Leadership
