Assessment of claiments satisfaction on compensation payment

44 PAGES (15061 WORDS) Estate Management Project

TABLE OF CONTENT

Title Page ----------i

Approval----------ii

Declaration----------iii

Dedication----------iv

Acknowledgement---------v

Table of Content----------vi

Abstract----------viii

CHAPTER ONE

(INTRODUCTION)

1.1Background of the Study--------1 

1.2Statement of the Problem--------2

1.3Aim and Objectives of the Study-------3

1.3.1Objectives----------3

1.4Research Questions ---------4

1.5Significance of the Study--------4

1.6Scope of the Study---------4

CHAPTER TWO

(LITERATURE REVIEW)

2.0Introduction----------6

2.1Concept of Compulsory Acquisition-------6

2.2Meaning and Nature of Compulsory Acquisition and Compensation--16

2.3Some of the Common Reasons for Compulsory Acquisition---16

2.4Compensation---------18

2.4.1Examples of Interests to Compensate ------20

2.5Issues Involved in Compensation Assessment -----22

2.5.1Private Rights over Land --------22

2.5.2Multiple Layers of Rights --------22

2.6Defining the Appropriate Quantum and Form of Compensation---23

2.7Reasons for the Low Compensation-------24

2.8Assessing the Market Value of Lost Assets------25

2.9Replacement Cost or Market Value -------26

2.10Land Instead of Cash Compensation ------27

2.11Negotiating Power of Claimants-------28 

2.11.1Valuation Skills---------28

2.12Statutory Framework for Compulsory Acquisition and Compensation in Nigeria-28

CHAPTER   THREE

(RESEARCH METHODOLOGY)

3.0Introduction----------32

3.1Research Design---------32

3.2Population of the Study--------32

3.3Sample Size & Sampling Technique-------33

3.4Sources of data collection--------33

3.4.1Primary Source of Data Collection-------33

3.4.2Secondary Source of Data Collection------33

3.5Reliability of Instruments--------34

3.6Validation of Instrument--------34

3.7Method of Data Analysis--------34

CHAPTER FOUR

(DATA PRESENTATION AND ANALYSIS)

4.0 Introduction--------35

4.1Data Presentations and Analysis-------35 

4.1.1    Questionnaires Administered To Claimant ------35 

4.2Discussion of Findings--------61

CHAPTER FIVE

(SUMMARY, CONCLUSION AND RECOMMENDATIONS)

5.1Summary----------63

5.2Conclusion-----------63

5.3Recommendation---------64

Reference----------67

Appendix-----------69
































ABSTRACT

This research aims to assess claimants satisfaction on compensation payment in Zaria local government. The study adopted the quantitative approach and data collected through questionnaire survey from 20 estate surveyor and valuer, 20 KASUPDA staffs and 60 claimants affected by compulsory acquisition and compensation exercise in Zaria Local Government. The data collected were subjected to frequency distribution. The study revealed that there is delay in payment of compensation. While compensation was not paid to the dispossessed owner until some month back when 100% of the amount due was paid and that no interest was paid for the delay in payment of compensation as provided by the law. It should be noticed that the claimants due to ignorance of the law did not make any claim as regard interest for delayed payment. It recommended that compensation should be paid promptly before effective possession is taken of the acquired property and the government should try as much as possible to avoid acquisitions that will involve displacement of people. Where possible, villagers/shrines should be excised. This will not only reduce the burden of compensation, but minimize resistance tendencies.etc.