FG Releases Land Owners’ Compensation

The Federal Govern
ment has released N319 million for payment of compensation to residents of Baruwa Community.
The Federal Government had taken the step towards settling the compensation entitlements of the landowners, whose farms would be used for the development of the centenary city in Abuja.
Director, Resettlement and Compensation in the federal capital Territory (FCT) Mr Okechukwu Francis, who disclosed this at an official ceremony for the payment, said it would cover crops and economic trees that would be affected in the process.
He said “For this compensation what we have done is just pay them for the crops and economic trees that will be affected in the development.”
The Centenary City is being promoted by the Centenary City Plc, a company that is composed of investors from Nigeria and abroad. The secretary to the Government of the Federation, Senator Ayim Pius Ayim had also said that the city would create over 50,000 construction Jobs and 5,000 permanent well-paying jobs.
The chairman of the Centenary City Plc, Gen. Abdulsalam Abubakar (Rtd) had said that the first phase entails the feasibility study of the project and signing of a memorandum of understanding with Eagle Hills for its development and financing.
“We have also completed a master plan for the project which has undergone four intensive clarification workshops with the FCDA with a final engineering plan,” he stated.
This city project according to him, will be a revolutionary approach to urbanisation in Africa and will promote the participation of the private sector in projects of significant magnitude.