By Adedapo Adesanya The Federal Capital Development Authority (FCDA) has threatened to seal up the business premises of M\/S Globacom Nigeria Limited in Abuja over failure to pay N1.3 billion debt allegedly owed for the lease of telecommunication ducts network in the nation\u2019s capital city. The ultimatum given by the Authority to M\/S Globacom Nigeria to pay up or have its premises sealed up had since August 12, 2021, elapsed, according to a statement from the FCDA Board. The statement on Friday explained that the telecommunications duct network in the Federal Capital Territory (FCT) is one of the underground infrastructures provided to house the telecommunications industry. Each and all telecommunications providers are allowed to lease \u00bc duct space in the city at a token. It noted that over the years, many telecommunications service providers have leased the various length of telecommunications duct in the FCT spanning across the developed districts of the Federal Capital City (FCC), of which one of such lessees is M\/S Globacom Nigeria Limited with a commencement date of 2004. However, Globacom was said to have over the years defaulted in the renewal of the \u201clease rate\u201d in the agreement entered with the Authority. As of date, Globacom\u2019s indebtedness to the Authority stands at N1,337,441,027.60 and all efforts made to recover this debt have failed and every attempt to get M\/S Globacom Nigeria Limited to reason with FCDA and make payments have yielded no positive results. FCDA noted that it was resorting to this approach due to Globacom\u2019s nonchalant attitude towards the reconciliatory efforts made by the Authority and the company\u2019s failure to respond to the series of reminders and warning letters sent to it. It was noted that on Wednesday, September 8, 2021, the board members, alongside the key management team of the FCDA, picketed the business premises of M\/S Globacom Nigeria in Abuja to drive home the expiration of the ultimatum earlier given by the Authority. Speaking during the exercise, the Acting Executive Secretary of the FCDA, Zaliha\u2019u Ahmed, noted that, \u201cWe have put in a lot of resources to give them facilities and services to carry out their businesses. \u201cWe maintain these telecom ducts with a lot of funds from the government. However, they are unwilling to cooperate by not paying the charges they are supposed to pay. So, in view of that, we are trying to see how we can as much as possible recover our funds.\u201d Also speaking, the Chairman of Finance and General-Purpose Committee of the FCDA Board, Mr Hussaini Monguno stated that, \u201cif they don\u2019t pay the debt, we know what to do. They have signed an agreement and the content of the agreement is very rich. We can do quite a lot.\u00a0 We can seal up this place, we can disconnect them.\u201d He added Globacom is not the only Private Telecoms Operator (PTO) that is owing FCDA, but quite a number of them have settled their bills. \u201cFCDA has given you an enabling environment to operate your business.\u00a0 They constructed telecommunication ducts for which your fibre cables are laid.\u00a0 You must pay for those services. \u201cWe have written, we have called for reconciliation, nothing was done.\u00a0 We are just here to identify their infrastructure and do the needful.\u00a0 You will hear from us very soon,\u201d he added.