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Nigeria: Compensations will be based on FG gazetted rates —- Umahi — Africa Links 24

Nigeria: Compensations will be based on FG gazetted rates —- Umahi — Africa Links 24

Rédaction Africa Links 24 with Ibrahim Ramalan
Published on 2024-04-11 20:38:15

The Minister of Works, Dave Umahi, recently addressed property owners along the Lagos-Calabar Coastal Highway route, assuring them of a fair and transparent compensation process for those affected by the project. Speaking at a press briefing/stakeholders meeting held at Eko Hotel in Lagos, Mr. Umahi emphasized that the compensation would be based on government-approved rates to ensure a standard, non-negotiable amount would be paid.

He announced that the compensation amount would be determined by the Federal Government and a committee would be appointed to review the remuneration to ensure accuracy. The process would involve calling property owners to verify ownership and claims, with a one-on-one engagement period lasting 30 days. Mr. Umahi promised that all payments would be made within the 30-day timeframe once verification and documentation were completed.

The minister reiterated his commitment to upholding the Nigerian constitution, which guarantees fair compensation for property owners affected by government projects. He emphasized that his allegiance lies with the constitution, implying that the compensation rates set by the government would be adhered to.

The Lagos-Calabar Coastal Highway project, a 750km interstate highway handled by Hitech Construction Africa Ltd., is set to connect nine states along the coastal shoreline of Nigeria. The highway will stretch from Lagos to Cross River, with a spur leading to the north-central part of the country. This ambitious infrastructure project aims to improve transportation connectivity and stimulate economic development along the coastal regions.

As the project moves forward, property owners impacted by the construction of the highway can expect timely and transparent compensation based on government-approved rates. The government’s commitment to fairness and adherence to constitutional principles ensures that property owners will be adequately compensated for their land and assets affected by the infrastructure development.

In conclusion, the Lagos-Calabar Coastal Highway project represents a significant investment in Nigeria’s infrastructure, with the potential to enhance connectivity and foster economic growth in the region. Property owners can rest assured that the compensation process will be conducted fairly and transparently, in line with government regulations and guidelines.

Read the original article on DailyNigerian.com

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