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Lagos Government Disburses N3.1bn to 300 Property Owners for Road Upgrades

Lagos Government Disburses N3.1bn to 300 Property Owners for Road Upgrades

Over 300 property owners in Lagos received a total of N3.1bn in compensation for land acquired for state road projects. Governor Babajide Sanwo-Olu presented the cheques at Adeyemi Bero auditorium in Alausa Secretariat and highlighted the administration’s commitment to fairness and transparency under the Land Use Act. He noted that the process of verifying beneficiaries and determining payment amounts was open and just, stressing that compensation is a rightful entitlement — not charity — for those whose properties were acquired in the public interest. The governor added that the lands will support roads, schools and other public infrastructure while acknowledging the sacrifices of affected families and assuring they will be treated with dignity.

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D
dapo

Do you think N3.1bn compensation to 300 property owners truly reflects fair value for the land acquired for Lagos road projects?

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J
jayjay

True talk! N3.1bn shared among 300 owners still feels like small change for such land.

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J
jaruma

It's interesting that only 300 out of countless property owners received payouts, raising questions about the selection criteria and transparency in the process.

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M
mel

I appreciate the compensation, but this sum might still fall short of actual market value in those rapidly developing areas.

0
J
julia

Property owners should document current valuations and engage qualified surveyors to ensure fair compensation in future acquisitions.

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