Saturday, May 15, 2021

Lagos pays N8b compensation to property owners


Jaafar Jaafar
Jaafar Jaafar is a graduate of Mass Communication from Bayero University, Kano. He was a reporter at Daily Trust, an assistant editor at Premium Times and now the editor-in-chief of Daily Nigerian.
tiamin rice

Individuals and groups whose properties were affected by key projects in Lagos state have received a compensation of N8 billion, the state government announced on Thursday.

The government said the money was paid through the Lands Bureau Ministry to the affected people.

Special Adviser to the Governor on Urban Development, Yetunde Onabule disclosed this at a One Day seminar on“Urban Tinkers Campus-The City we Need” in Ikeja,  Lagos, Southwest Nigeria.

She said the government did not indulge in forced eviction of people arbitrarily without taking into consideration the welfare of the evictees.

According to her, compensations were paid promptly by the government on any land acquired by the state government for public interest with the presentation of all necessary documents that might be required.

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Mrs Onabule said the beneficiaries included those affected by the Abule-Egba link bridge, Oko Baba Sawmill relocation, Isale Igangan regeneration project, Olorunsogo Market, Mosafejo community and the Epe Phase I road expansion, among others.

The special adviser added that the government would consistently advocate titling of all lands in the state, while urging the people to obtain governor’s consent on subsequent transactions, regularise and register their title.

“You do not want to own Dead capital. The uncertainty of ownership decreases the value of the asset and/or the ability to lend or borrow against it,” she said.

Stressed the need to have liveable city, Lagos State Governor, Akinwunmi Ambode who was represented by the Secretary to the State Government , Mr. Tunji Bello said the state government was delighted to be chosen as one of the 74 Urban Thinkers Campuses worldwide.

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Governor Ambode said the development conferred on the state the privilege of being one of the global centres providing a platform for stakeholders in sustainable urbanization to exchange ideas, forge partnerships and develop solution to the challenges of urbanization in contemporary modern cities.

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“As a mega and fast development city, Lagos State is strategically positioned to play a leading role in propelling development on the continent. Not only is Lagos the economic capital of Nigeria, it is the fifth largest economy and fastest growing city in Africa with population of over 22 million people. The huge economic opportunity available in Lagos State makes it a major destination for prosperity seekers which translates into thousands of people migrating into the state on daily basis,” he said.

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Commissioner for Physical Planning and Urban Development, Abiola Anifowoshe  decried that the major challenge facing Lagos presently was the influx of people into the state.

“This trend combined with the fact that one –third of the world’s population reside in slums, emphasizes the urgent need for high quality urban design and planning with effective implementation,” he stated.



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