Sanwo-Olu disburses N3.1bn compensation to 300-plus Lagos property owners

The governor said the compensation was part of the state's commitment to ensuring that residents affected by public infrastructure projects are treated fairly. The post Lagos pays N3.1bn compensation to 331 property owners affected by infrastructure projects appeared first on Premium Times Nigeria.

By Olasunkanmi Akoni LAGOS — The Lagos State Government has disbursed over ₦3.1 billion as compensation to more than 300 landowners whose properties were acquired for various public infrastructure projects across the state. Governor Babajide Sanwo-Olu, who presented the compensation cheques to the beneficiaries on Monday at Alausa, Ikeja, said the exercise reflected the administration’s […] The post Lagos pays N3.1bn compensation to landowners affected by public projects appeared first on Vanguard News.

Lagos State Governor, Babajide Sanwo-Olu, has paid over N3.1 billion in Lagos compensation to 300 property owners affected by land acquisition for public p Read More: https://punchng.com/sanwo-olu-pays-n3-1bn-compensation-to-300-lagos-property-owners/

Lagos State Governor Babajide Sanwo-Olu on Monday disbursed over N3.1 billion in compensation to more than 300 property owners whose lands were acquired by the government for strategic infrastructure projects. Speaking at the presentation ceremony, Sanwo-Olu described the payment as a demonstration of his administration’s commitment to fairness, transparency, and respect for citizens’ rights in line with the Land Use Act. He emphasised that land acquisition for public purposes carries both legal and moral obligations to compensate affected persons promptly and adequately.“Today’s exercise is not charity; it is justice. It is not a favour; it is the rightful entitlement of every verified project-affected person whose property was acquired for public purpose,” the governor stated. Sanwo-Olu noted that all claims underwent thorough due process, including enumeration, professional valuation, and title verification, to ensure only legitimate owners received compensation. He stressed that development must always have a human face, acknowledging the families, livelihoods, and stories behind every parcel of land. The acquired lands will be used for roads, schools, and other critical public infrastructure aimed at improving the quality of life for millions of residents. The governor thanked the affected property owners for their sacrifices and assured them of compassionate treatment. He advised beneficiaries to invest the funds wisely in ventures that would secure their families’ futures and warned against offering inducements to public officials, affirming that civil servants had performed their duties professionally. Deputy Governor Dr Obafemi Hamzat commended the residents for their patience, while the Permanent Secretary of the Lagos State Lands Bureau, Mr Kamal Olowosago, described the exercise as another demonstration of the government’s adherence to fairness, accountability, and the rule of law in land administration. This payment follows an earlier exercise held in December 2024, reflecting the state government’s consistent approach to fulfilling its obligations.