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Land 2014, 3(3), 675-692; https://doi.org/10.3390/land3030675

Incorporation of Socio-Cultural Values in Damage Assessment Valuations of Contaminated Lands in the Niger Delta

School of The Built Environment, University of Salford, Salford, M4 4WT, UK
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Received: 25 February 2014 / Revised: 23 June 2014 / Accepted: 23 June 2014 / Published: 9 July 2014
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Abstract

Damages on contaminated land have been mostly assessed for developments subsisting on the land, neglecting the goods and services derived from the land which possess only socio-cultural values. This paper aims to ascertain the importance of socio-cultural values in the total economic value of contaminated land, drawing from the experience of a coastal community oil spillage in the Niger Delta. The paper examines what constitutes a valuable interest on contaminated land and how socio-cultural factors are valued in the damage assessment process. After reviewing the literature and decided cases, a questionnaire survey was conducted and a sample valuation report was analysed. It is concluded that there exists a socio-cultural interest on contaminated land which professional valuers do not reflect in damage assessment claims. It is recommended that any comprehensive damage assessment requires the incorporation of socio-cultural values in the valuations. View Full-Text
Keywords: damages; valuations; socio-cultural values; total economic values damages; valuations; socio-cultural values; total economic values
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This is an open access article distributed under the Creative Commons Attribution License (CC BY 3.0).
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MDPI and ACS Style

Akujuru, V.A.; Ruddock, L. Incorporation of Socio-Cultural Values in Damage Assessment Valuations of Contaminated Lands in the Niger Delta. Land 2014, 3, 675-692.

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