A CRITIQUE VIEW OF COMPENSATION UNDER THE LAND US DECREE NO. 6 OF 1978
(A CASE STUDY OF HARMONY ESTATE UMUGCHIGBO ENUGU EAST LOCAL GOVERNMENT ABAKPA NIKE ENUGU)
By
OCHEI, CHRISTIAN EM/N2002 /009
Presented To
Department of Estate Management
ABSTRACT
In Nigeria today, the government and its age ncies require land to carryout 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 over riding 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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