The Transmission Company of Nigeria, on Thursday, in Benin, Edo State, said the Federal Government had released N1.3bn for the payment of compensation to owners of property affected by the construction of a 330KV single circuit transmission line as the second Benin-Onitsha project.
The TCN representative, Mrs. Josephine Madu, stated this during an inspection tour of Federal Government projects in the South-South zone by members of the Fiscal Responsibility Commission.
She said the issue of compensation to owners of houses and farmlands, whose property were on the right of way, had been a challenge to the completion of the project, which was awarded in 2008 but commenced in 2009.
She said, “The would-be beneficiaries are restive over the delay in the payment of the compensation and we could not continue with the work especially with the laying of the foundation towers in Benin. I can confirm that government has released the sum of N1.3bn for the payment of these compensations.”
Madu, however, said that the project completion date of March 2014 might not be feasible because, “even after the payment, the beneficiaries would still require time to relocate and that in itself is a challenge to meeting the completion date.”
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Govt pays N1.3bn compensation to property owners by ngcareers