Incorporation of socio-cultural values in damage assessment valuations of contaminated lands in the Niger Delta

Victor A. Akujuru, Les Ruddock

Research output: Contribution to journalArticle

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.

Original languageEnglish
Pages (from-to)675-692
Number of pages18
JournalLand
Volume3
Issue number3
DOIs
Publication statusPublished - 9 Jul 2014
Externally publishedYes

Fingerprint

contaminated land
valuation
questionnaire survey
damage
damage assessment
incorporation
oil
economics
land

Cite this

@article{c352a719233747f8a3b13310413fcc69,
title = "Incorporation of socio-cultural values in damage assessment valuations of contaminated lands in the Niger Delta",
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.",
keywords = "Damages, Socio-cultural values, Total economic values, Valuations",
author = "Akujuru, {Victor A.} and Les Ruddock",
year = "2014",
month = "7",
day = "9",
doi = "10.3390/land3030675",
language = "English",
volume = "3",
pages = "675--692",
journal = "Land",
issn = "2073-445X",
publisher = "Multidisciplinary Digital Publishing Institute (MDPI)",
number = "3",

}

Incorporation of socio-cultural values in damage assessment valuations of contaminated lands in the Niger Delta. / Akujuru, Victor A.; Ruddock, Les.

In: Land, Vol. 3, No. 3, 09.07.2014, p. 675-692.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Incorporation of socio-cultural values in damage assessment valuations of contaminated lands in the Niger Delta

AU - Akujuru, Victor A.

AU - Ruddock, Les

PY - 2014/7/9

Y1 - 2014/7/9

N2 - 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.

AB - 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.

KW - Damages

KW - Socio-cultural values

KW - Total economic values

KW - Valuations

UR - http://www.scopus.com/inward/record.url?scp=85041234265&partnerID=8YFLogxK

U2 - 10.3390/land3030675

DO - 10.3390/land3030675

M3 - Article

VL - 3

SP - 675

EP - 692

JO - Land

JF - Land

SN - 2073-445X

IS - 3

ER -