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Compensation and Acquisition Valuation

Compensation is an integral part of estate surveying and valuation firm in the process of compulsory acquisition of land in Nigeria.
Its importance cannot be overemphasized as a failure to compensate the occupier renders the acquisition a nullity.

Section 44 of the 1999 Constitution of the Federal Republic of Nigeria (as amended) provided that no individual land should be acquired without compensation.
It should as well be noticed that payment of compensation for lands acquired should be prompt and not delayed unnecessarily.