Property owners along the Lagos-Calabar Highway have rejected the Federal Government’s compensation offer, describing it as insufficient compared to the actual value of their properties. In an exclusive interview with The PUNCH, a retired banker, Emeka Mewu, said the compensation he was offered was a merger sum compared to the value of his property. He said, “My property was valued …

A total of N18 billion has been allocated to compensate affected property owners on section 1 of the Lagos-Calabar coastal highway, the Minister of Works, David Umahi, announced on Sunday. Umahi also stated that everyone on the compensation list of section 1 of the coastal road must have been paid in 10 days. He spoke during the stakeholder’s engagement involving …

The Lagos State Government has disclosed that only 15 per cent of property owners in the state have building approvals, while only 75 per cent have complied with the physical planning laws. This comes as the state government is set to review the urban developmental plans to meet infrastructure demand while creating opportunities for stakeholders to take advantage of investments …