FG begins review of compensation rates for crops, economic trees

By Mashe Umaru Gwamna

Minister of Housing and Urban Development, Arc. Ahmed Musa 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, noting that President Bola Ahmed Tinubu is committed to critical land reforms towards effective land administration in the country.
This was contained in a press statement signed and issued by Director, Information and Public Relations ,Salisu Badamasi Haiba.
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,yesterday.
The Minister noted that a review of the current compensation rates has become important for the purpose of ensuring project-affected individuals get fair value for their sacrifice.
In addition, he 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 labor and hope.
“These trees are also tied to cultural and social identities. When displaced or destroyed in the course of land acquisition for public projects, the loss can be devastating, not only financially but emotionally. That is why it is essential to ensure that compensation rates reflect the true value of these assets, considering both their immediate and long-term economic importance,” he said.