About NTAPIC
NTA Properties Investment Company Limited (NTAPIC) is the real estate and investment subsidiary of the Nigerian Television Authority (NTA). Incorporated on 23rd October 2000 under the Companies and Allied Matters Act (Registration No. 393966), the Company has over 24 years of experience in property development, investment management, and housing delivery.
NTAPIC was established to optimize and commercialize NTA’s landed assets while providing affordable housing and structured investment opportunities to NTA staff and the general public.
Our Mandate
NTAPIC is committed to:
- Developing and managing residential and commercial properties
- Providing affordable housing schemes for NTA staff
- Managing and commercializing NTA landed properties nationwide
- Coordinating National Housing Fund (NHF) contributions
- Delivering innovative savings and investment platforms
- Generating alternative revenue streams for NTA
Our Services & Operations
Real Estate Development
NTAPIC has successfully developed and delivered multiple estates across:
- FCT (Abuja) – Jikwoyi, Karu III, Karmo (Life Camp I & II), Sabon Lugbe
- Nasarawa State – Karu II, Mararaba I, II, III, Royal Estate
- Lagos – Oyadiran Yaba Estate
Our developments include:
- Flats and bungalows
- Terrace and semi-detached duplexes
- Studio apartments
- Site-and-service plots
- Joint venture housing projects
We also managed the sale of government houses to staff under monetization schemes across various NTA stations nationwide.
Staff Housing Scheme
One of our flagship initiatives allows staff to own homes through:
- 30% equity contribution
- 70% balance spread over 10 years via salary deductions
This initiative promotes home ownership, reduces financial stress, improves morale, and enhances staff productivity.
Savings & Investment Schemes
NTAPIC offers structured savings programs designed to encourage financial discipline and investment:
- Short-Term Saving Scheme (STSS) – Minimum ₦5,000 monthly
- Long-Term Saving Scheme (LTSS) – Minimum ₦5,000 monthly
- Home Ownership Saving Scheme (HOSS) – Minimum ₦20,000 monthly
Additional services include:
- Soft and rent loans
- Mortgage loan processing
- Investment in stocks and shares
National Housing Fund (NHF) Coordination
NTAPIC coordinates the mandatory 2.5% NHF deductions for NTA staff and ensures remittance to the Federal Mortgage Bank of Nigeria.
We also:
- Maintain NHF records for staff
- Facilitate NHF refunds for retired employees
Mast & Tower Management
Since 2001, NTA masts and towers have been leased to Communication Towers Nigeria Limited (CTNL).
NTAPIC oversees:
- Collocation of telecom antennas
- Leasing to FM radio stations
- Revenue collection from mast operations
These revenues contribute significantly to funding staff housing and investment schemes.
Strategic Focus & Growth
NTAPIC continues to expand through:
- Market expansion across NTA stations nationwide
- Strategic partnerships with private developers and financial institutions
- Digital transformation (Remita integration and online savings access platform)
- Diversification of products and services
- Strengthening technology adoption and service efficiency
Our Impact
Through innovative housing models, structured savings schemes, and property investments, NTAPIC has:
- Improved housing accessibility for NTA staff
- Reduced financial burden through flexible payment structures
- Increased staff morale and productivity
- Optimized commercial use of NTA assets
- Generated sustainable revenue streams for NTA