enumerated under Nigerian law. Section II: Resettlement and Compensation Process The Land Use Act (Section There is no equivalence on Timing of compensation Implement all relevant 29) specifies that interest must implementing all relevant payments resettlement plans before be paid the bank for resettlement plans before ‘at rate’ project completion and any delay in payment of project completion or on provide resettlement compensation. Finally, crops providing resettlement entitlements before must be compensated at the entitlements before displacement or restriction of value of the crops displacement or restriction of ‘as access. For projects involving determined by the appropriate access. restrictions of access, impose officer’ the restrictions in accordance with the timetable in the plan of actions. Under the if Although the Nigerian Land Use Act, Calculation of compensation Bank policy requires: (a) compulsorily acquired land Constitution requires that and valuation prompt compensation at full was used for agriculture, the adequate compensation be replacement cost for loss of person shall be given an paid to those displaced by assets attributable to the alternative piece of land to use projects, this is not on par project; (b) if there is for the same purpose (Land with OP 4.12, which requires relocation, assistance during Use Act, Section 6). If the that compensation be paid
enumerated under Nigerian law. Section II: Resettlement and Compensation Process Timing of compensation payments The Land Use Act (Section 29) specifies that interest must be paid ‘at the bank rate’ for any delay in payment of compensation. Finally, crops must be compensated at the value of the crops ‘as determined by the appropriate officer’ Implement all relevant resettlement plans before project completion and provide resettlement entitlements before displacement or restriction of access. For projects involving restrictions of access, impose the restrictions in accordance with the timetable in the plan of actions. There is no equivalence on implementing all relevant resettlement plans before project completion or on providing resettlement entitlements before displacement or restriction of access. Calculation of compensation and valuation Under the Land Use Act, if compulsorily acquired land was used for agriculture, the person shall be given an alternative piece of land to use for the same purpose (Land Use Act, Section 6). If the Bank policy requires: (a) prompt compensation at full replacement cost for loss of assets attributable to the project; (b) if there is relocation, assistance during Although the Nigerian Constitution requires that adequate compensation be paid to those displaced by projects, this is not on par with OP 4.12, which requires that compensation be paid
123618-EA-UPDATED-P164082-PUBLIC-Disclosed-2-20-2018.docx