Friday, November 22, 2024
HomeEntertainment NewsFG Commences Verification of Property Owners Along Lagos-Calabar Highway

FG Commences Verification of Property Owners Along Lagos-Calabar Highway

In a move to facilitate the construction of the Lagos-Calabar Coastal highway, the Minister of Works, Senator David Umahi, has initiated a committee tasked with verifying property ownership within the highway’s right of way.

During the inauguration held in Abuja yesterday, Senator Umahi stated that the verification process will help in determining eligible parties for compensation due to property loss during construction.

It’s important to note that the committee’s role is solely to authenticate claims and identify affected properties, rather than handling compensation disbursements.

Once genuine property owners are identified, they will proceed to sign necessary documents, following which the road contractor will initiate compensation payments.

Notably, properties situated within 250 meters from the shoreline fall under federal government jurisdiction and won’t receive compensation unless granted a waiver by the president.

While he acknowledges that compensations may not fully satisfy affected parties, Umahi affirmed that payments will be calculated based on property area, volume, and the presence of economic trees.

However,structures categorized as shanties within the highway’s right of way will not be eligible for compensation.

Regarding the source of funds for compensation, Umahi confirmed that it’s integrated into the overall project budget, ensuring alignment with approved expenditure frameworks at the ministry level.

The Minister also reassured stakeholders that the compensation process adheres to approved billing structures within the project contract, providing transparency and accountability.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments

Verified by MonsterInsights