A CRITIQUE VIEW OF COMPENSATION UNDER THE LAND USE DECREE NO. 6 OF 1978

(A CASE STUDY OF HARMONY ESTATE UMUGCHIGBO ENUGU EAST LOCAL GOVERNMENT ABAKPA NIKE ENUGU)

By

OCHEI, CHRISTIAN

Presented To

Department of Estate Management

ABSTRACT

In Nigeria today, the government and its age incise require land to carry out its development programs and due to the sentiment attached to land voluntary transfer of land by individual to the government is rare. So the government resort to compulsory acquisition and compensation paid there of the individuals whose right of accompany to land are extinguished due to overriding public interest. Laws are enacted to regulation the process of acquisition and compensation among host of other things relating to land derived from the land use Act march 29th of 1978. by virtue of section 29 sub-section 4 paragraph B of the Act compensation assessment upon compulsory acquisition of building, installation or improvement shall be accordingly has been by only a particular approach of valuation that is cost approach. Therefore the purpose of this study is to ascertain whether the present technique for valuing properties for compensation under the land use Act is suitable and to identify the possible associated with compensation under the Act.

TABLE OF CONTENT

Title page                                        ii
Certification                                     iii
Dedication                                         iv
Acknowledgement                                 v
Abstract                                        vi
Table of content                                     vii

CHAPTER ONE
1.0    Introduction                                     1

1.1    Background and need for the study                     1
1.2    Problem of the study                                 2
1.3    Aims and objective of the study                        4
1.4    Significance of the study                             4
1.5    Scope of study                                 4
1.6    Method of study                                 5
1.7    Limitation of study                                6

CHAPTER TWO    
2.0 Literature Review                                 7

2.1 Origin of Compulsory Acquisition in Nigeria                7
2.2 Basic Principles of Compulsory Acquisition                9
2.3 Basic Principle of Compensation                         10
2.4 Compulsory Acquisition Laws in Nigeria                 11
2.5 Basic Rules of Compensation Valuation.                    27

CHAPTER THREE
3.0     Research Methodology                            30

3.1    Research design                                30
3.2    Sources of data                                    30
3.3    Population of the study                            31
3.4    Sample size determination                            31
3.5    Sample technique                                34
3.6    Research Instruments Used                            35
3.7    Validation And Reliability Of Research Instrument Used        35
3.8    Method Of Data Treatment And Analysis                36

CHAPTER FOUR
4.0    Data Analysis and Presentation                         37

4.1    Testing of hypothesis                            50

CHAPTER FIVE
5.0    Finding Recommendation and Conclusion                 64

5.1    Finding                                         64
5.2    Recommendation                                 66
5.3    Conclusion                                     67
Bibliography.                                    68

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