Minister of Housing and Urban Development, Ahmed Dangiwa, has revealed that the Federal Government is on the verge of introducing revised compensation rates for individuals affected during land acquisitions for public projects.
This was revealed in a statement by the Ministry’s Director for Information and Public Relations, Salisu Haiba.
According to the statement, Dangiwa spoke at the 2024 National Technical Development Forum on Land Administration, focusing on the Review of Compensation Rates on Crops and Economic Trees for Project-Affected Persons in Nigeria.
The Minister noted that reviewing the current compensation rates has become important for ensuring project-affected individuals get fair value for their sacrifice.
In addition, Dangiwa underscored the critical value of crops and economic trees such as cocoa, palm, kola nut, mango, and cashew trees, among others, stating that they are not just sources of income but multi-generational assets that represent years, even decades, of labour and hope.