Friday, 16 September 2016
Lagos State Compensates Lekki Free Zone Reside
The Commissioner for Commerce,
Industry and Cooperatives, Mr Rotimi
Ogunleye, explained that this is to
create a cordial relationship between the
state government and the host
communities as well as investors.
He announced this during a news
conference held in Ikeja on Thursday.
Before the parcels of land were
acquired, they were being used as
farming sites by families within the host
According to him, modalities are being
put in place to ensure a hitch-free
disbursement of the money as well as
mutual understanding between the
government and the people.
Mr Ogunleye while further explaining the
plans, said that “the government
conceptualised a deep seaport and an
international airport as complementary
He added that the land acquired for the
airport was about 4,000 hectares, while
that of the deep seaport was about 590
This according to him, “would leverage
on the massive production activities in
the zone, with the added facilities for air
and sea transportation”.
In furtherance of the new development,
the Commissioner said the government
had continued to engage the
communities to convince them on the
multiplier effects of the project.
According to him, this has potentials of
generating massive employment
opportunities as well as a high socio-
economic value on the lives of the
He also added that about 65 million
naira was paid to land owners affected
by some ongoing projects in the state,
few months prior to the project
Some of the projects include a
petrochemical plant, a fertilizer plant
and a refinery.
He assured both local and foreign
investors that all projects in the zone
were running smoothly and encouraged
more investors to come on board.
Mr. Ogunleye said more land owners
would be compensated in due course at
the end of verification and valuation.