Categories: BusinessNews

Lagos State Government Declares No Compensation for Property Without Permit After Demolition for Coastal Highway

The Commissioner for Physical Planning and Urban Development in Lagos State, Dr. Olumide Oluyinka, has said only properties with planning approvals will be compensated for demolition in the construction of the Lagos-calabar coastal road.

He disclosed this at the Association of the Real Estate Agents in Nigeria summit held in Lagos on Tuesday.

Speaking on the amount of properties to be demolished, the commissioner said it was difficult to determine the number of properties.

He added that owners of properties with title would be compensated, but owners of properties without any approval will not be compensated.

Oluyinka noted that the owners of these properties have been informed, and the next stage is the compensation stage.

VOP Lagos

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