Connect with us

News

Sanwo-Olu Pays ₦3.1bn Compensation to Over 300 Lagos Property Owners

Lagos State Governor Babajide Sanwo-Olu has paid over ₦3.1 billion in compensation to more than 300 property owners.

Published

on

sanwo olu
Sanwo-Olu
  • Lagos State Governor Babajide Sanwo-Olu has paid over ₦3.1 billion in compensation to more than 300 property owners.
VN62

Lagos State Governor, Babajide Sanwo-Olu, has presented more than ₦3.1 billion in compensation to over 300 property owners affected by government land acquisition for strategic infrastructure projects across the state.

Speaking at the presentation ceremony on Monday, the governor said the compensation reflects his administration’s commitment to fairness, transparency and the protection of citizens’ rights under the Land Use Act.

RECOMMENDED FOR YOU  14-Year-Old Qur’anic Pupil Killed in Kebbi Community

Describing the exercise as a legal obligation rather than a gesture of goodwill, Sanwo-Olu said, “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.”

He explained that all claims passed through due process, including professional valuation, title verification and enumeration, to ensure compensation reached only genuine beneficiaries.

RECOMMENDED FOR YOU  Pope Leo lists Nigeria as a hotspot for Christian persecution

The governor added that the acquired lands would be used for roads, schools and other critical public infrastructure while acknowledging the sacrifices made by affected residents.

Advertisement

Sanwo-Olu also urged beneficiaries to invest the funds wisely and warned against offering bribes to public officials, assuring that government officers involved in the process acted professionally.

RECOMMENDED FOR YOU  Netherlands Begins Double Taxation Agreement Talks with Nigeria

Deputy Governor Obafemi Hamzat and Permanent Secretary of the Lagos State Lands Bureau, Kamal Olowosago, commended affected residents for their patience, describing the compensation exercise as another demonstration of the government’s commitment to fairness, accountability and the rule of law.

WhatsApp

Advertisement

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

bishop bishop
News2 hours ago

‘No Government Can Give You Peace, Only God Can’ — Bishop Oyedepo

Bishop Oyedepo has said no government can guarantee lasting peace, urging Nigerians to seek peace from God alone while dedicating...

Sani Abacha 1784635659 Sani Abacha 1784635659
Politics2 hours ago

Abacha Died of Cardiac Arrest During Intercourse, Not Poisoned by Apples — Ex-DSS Operative Reveals

A former DSS Assistant Director has claimed in a new memoir that late military ruler General Sani Abacha died of...

INECVerseNewsNG0 INECVerseNewsNG0
News3 hours ago

INEC Opens Recruitment Portal for 2026 Employment, How to Apply

The Independent National Electoral Commission (INEC) has opened its 2026 recruitment portal, inviting qualified Nigerians to apply for various positions...

Jarvis and Peller IG@peller089 Jarvis and Peller IG@peller089
Entertainment4 hours ago

‘If You Cheat, You Die’ — Peller, Jarvis Reveal Marriage ‘Oath’ Ahead of Wedding

TikTok stars Peller and his fiancée, Jarvis, have revealed the spiritual commitment they believe binds their relationship...

us visa us visa
Jobs & Scholarships10 hours ago

US Visa Emergency Appointment in Nigeria: Who Qualifies and How to Apply

Learn who qualifies for a US visa emergency appointment in Nigeria, how to request an expedited date, required documents, and...

Naira Appreciates Naira Appreciates
Exchange Rate10 hours ago

Dollar to Naira Exchange Rate Today, July 21, 2026: Aboki and Official Market Rate

Check dollar to naira exchange rate today, July 21, 2026, including Aboki black market buying and selling rates, official CBN/NFEM...

post utme post utme
Education10 hours ago

Post-UTME Forms 2026: Universities Selling Forms This Week, Closing Dates

See universities selling Post-UTME forms this week for 2026/2027 admission, including UNN, FUNAAB, FUDMA, LASUSTECH, UNICAL, UNIMED, SUMAS and deadlines.

jamb caps jamb caps
Education10 hours ago

JAMB CAPS 2026: How to Accept Admission and Fix Transfer Approval

Learn how to use JAMB CAPS 2026 to check admission status, accept admission, reject admission, approve transfer approval and fix...

WAEC result WAEC result
Education10 hours ago

WAEC Result 2026: Meaning of Held, Outstanding and Withheld Results

See the meaning of Held, Withheld, Outstanding and Pending in WAEC result 2026, why it happens, what candidates should do...

reps reps
Politics10 hours ago

Reps Member Faces Petition Over Alleged N19m Travel Debt

A member of the House of Representatives, Peter Akpanke, has been petitioned to the ICPC over an alleged ₦19.15 million...

Advertisement