The Federal Government has inaugurated a committee to review, evaluate and pay compensation on property that will be affected by the ongoing construction of the Lagos-Calabar coastal road.
The minister of works, David Umahi inaugurated the committee in Abuja and said the move aligns with the principle of transparency which he said is a priority for the President Bola Tinubu administration.
The minister tasked the committee to interact with the affected property owners and determine the accurate compensation to be paid using federal rates for the enumeration.
“I know there is nobody that you enumerate that will ever be satisfied with how much is to be paid. However, we are bound by the law, so we are using the federal rate which is a lot higher than Lagos rate in paying compensation.
“We adopted the federal rate since we are the ones paying. So, only those that have proven titles would be paid as they are brought to us in the ministry, although it will still undergo some processes from us.
“We have to make it very clear that 250 metres of the road legally belongs to the Federal Government.
“So, if you have a title within these 250 metres and it is not a title from the Federal Government, then it is incumbent, and only the president will give a waiver if he so feels for payment. I will work within the confines of the law.
“We are committed to doing this; so the verification will start latest by Wednesday in Lagos,” he said.
Alleluia is the Assistant Editor and Content Writer at LagosPost.ng. She is a prolific writer and editor, she has written features and news stories on Lifestyle, Sports, Business, Politics and B2B marketing. She is also an event coordinator, host and social media content creator.
