Effect of Land Use Act in Property Development

2168 Words Apr 19th, 2013 9 Pages
TABLE OF CONTENTS
Title Page
Approval Page
Dedication
Acknowledgement
Table of Contents
CHAPTER ONE
1.0 Introduction
1.1 Background of Study
1.2 Statement of the Problem
1.3 Aims and Objectives of the Study
1.4 Scope of the Study
1.5 Limitation of the Study
1.6 Significance of the Study
CHAPTER TWO
2.0 Literature Review
2.1 Highlights of Land Use Act, No. 6. of 1978
2.2 The Land Tenure law of Northern Nigerian, 1962
2.3 The Effects of Land Use Act on Naluation Practice
2.4 The Roles of Valuers as Put Forward in Land Use Act, 1978
2.5 Effects of Zoning land and Buildings
2.6 Compensation for Valuation
2.6.1 General Basis of Compensation Assessment Under the Land Use Act
2.6.2 Disturbance Compensation
2.6.3 Under Compensation
2.7
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The Act hardly went down well with traditional Nigeria, mainly because of the factors of interest in communal land ownership comprising several dead ancestors, relatively few living members and countless unborn generations. Many of their forefathers and mothers lost their lives in the process of acquiring the lands and were buried there. Unless their bodies and bones are exhumed, it remains a taboo to leave those lands. One therefore observes the existence of several motives and circumstances attracted to land ownership. In traditional Nigeria, many of which are non – economic and therefore cannot assuaged monetarily since the owners do not sale, alienate or part with land as freely or easily as other commodities.
Professionally speaking, land and its attributes, features and components embodies value – in – encounter.

1.2 STATEMENT OF THE PROBLEM
From the above discussions, certain questions might be identified that certainly, needs answers. They include;
1. Is the land use decree 1978 (now Land Use Act) implemented to its fullest apart from over use of such powers by state governors?
2. What are the problems associated with the techniques for valuing properties compulsorily acquired for compensation under the act?
3. What is the effect of the Act on compensation?
4. What adjustments should be done to the compensation, revocation of rights of occupancy for overriding public interests, allocation of land for Agriculture