EXTERNALITIES OF URBAN REDEVELOPMENT: EVICTION, RELOCATION AND COMPENSATION IN NIGERIA
Saheed, Zakaree S.

Abstract
Urban redevelopment plan often involves construction of social capital projects like good road network or dualisation of the existing roads, housing and other costly project which are very crucial to economic development of any country. However, one of the externalities is the problem of eviction since all these physical structures requires land which is inelastic in supply, hence the option available to developers is to evict the occupants, some of who may not be adequately compensated. Hence the objectives of such development plan become defeated as the well being of the evictees are compromised. This paper adopts survey and interview methods to examine the effect of eviction on the victims, and effectiveness of the compensation in alleviating the suffering of the victims. Empirical evidence indicated that some of the physical developments more often deny people their unalienable right to shelter by rendering them homeless, the right to uphold and defend their community, heritage and history. Based on the findings, some policy recommendations were offered.

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