FG, UK-based valuers collaborate on Nigeria's compensation rates for public land acquisition

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The Federal Ministry of Housing and Urban Development is partnership with the Central Association of Agricultural Valuers (CAAV), on compensation rates for public land acquisition in Nigeria.

CAAV is la prominent UK-based professional body specializing in agricultural and rural valuation.

The collaboration aims to leverage CAAV’s expertise to finalize the long-overdue review and update of compensation rates for public land acquisition in Nigeria, with a specific focus on crops and economic trees.

The initiative was officially kicked off with the Knowledge Exchange Programme in London, with the Minister of State for Housing and Urban Development, Alhaji Abdullahi Tijani Gwarzo, underscoring the significance of the partnership.

According to the minister, the programme represents a crucial step in Nigeria’s land reform efforts, designed to review, update, and harmonize land compensation rates and standards in alignment with global best practices.

He explained that, “This collaboration is vital to our ongoing reforms, aimed at addressing systemic challenges in land governance and administration.

“By tapping into the specialist knowledge of institutions like CAAV, we are confident that we can develop a framework that is both effective and sustainable.”

Gwarzo noted that the partnership aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which encompasses comprehensive land reforms to address inefficiencies in the country’s land value chains.

According to him, a key component of the reforms is the revision of outdated compensation rates, which have been in place since 2008.

Gwarzo further detailed the challenges related to implementing the Land Use Act of 1978, which governs compulsory land acquisition and compensation.

He said the challenges include outdated compensation rates and the lack of a nationwide, scientifically grounded structure for determining fair compensation.

He said, that to address the issues, the Nigerian government, through its National Technical Development Forum (NTDF) on Land Administration, has been working on a revised compensation regime.

He further stated that the partnership with CAAV is expected to offer crucial insights and methodologies, ensuring that compensation rates are updated in real time and meet international standards.

“Our engagement with CAAV will provide essential professional input into the development of national reference rates for compensating crops and economic trees in public land acquisition.

“This will help us establish a dynamic, updatable, and scientifically based central repository of rates for use in various projects,” the Minister added.

The first day of the Knowledge Exchange Programme featured technical presentations by Professor Olurotimi Kemiki, Lead Consultant to the Ministry on the draft Compensation Rates Methodology, and Jeremy Moody, Secretary and Adviser to CAAV.

Moody expressed CAAV’s enthusiasm for collaborating with the Ministry to achieve its objectives.

The programme will continue throughout the week, with both parties sharing valuable insights and experiences.

Meanwhile, the outcomes of the engagement are expected to contribute to the Ministry’s final report, slated for presentation in October 2024.

Glenn Johnson blames Chelsea FC over failure to sign Victor Osimhen

Former Chelsea defender, Glenn Johnson, has indicted the club over their failure to sign Super Eagles striker Victor Osimhen from Serie A side, Napoli FC.

Johnson said Chelsea failed to do the needful, adding that they obviously needed him to lead the team’s attack.

He blamed Chelsea for spending loads of cash signing youngsters who may not be in the team straight away but failed to capture the signing of Osimhen who would have scored goals for the team.

“The obvious one would be Victor Osimhen. He was the big name they wanted and didn’t get” Johnson told Betfred.

“They’ve signed loads of youngsters that may not be in the team straight away, despite spending a lot of money on them, and I think Osimhen is the big signing that they’ve missed out on.”

This comes days after former Super Eagles midfielder John Obi-Mikel explained why Osimhen’s proposed move from Napoli to Chelsea failed.

Mikel who opened up in a recent episode of The Obi One Podcast stated that Osimhen’s move from Napoli to Chelsea failed because the club and the player could not finalise details of the move before the close of the transfer window.

The ex-international also noted that there is still potential for the deal to be done in January because Chelsea has an ambition to improve the fortunes of the club and the player is interested in the project.