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Lamu residents to earn Sh1.5m per acre as Kenya Ports Authority unveils Sh2b compensation

People who own land at the site planned for the new Lamu Port could each earn about Sh1.5 million as compensation. Sources said the Kenya Ports Authority has made available Sh2 billion for land compensation with each acre of land fetching as much as Sh1.5 million.

Of the total amount to be channeled through the National Land Commission (NLC), Sh1 billion will  compensate land owners while the remaining will compensate marine and fishing grounds once construction of port berths and related infrastructure starts.

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