Finally finished compiling:

[3|user@Nokia-N900|~/dev/lincity]./lincity-ng
Starting lincity-ng (version 2.0-maemo11 with GLES)...
Couldn't add '/usr/local/share/lincity-ng' to physfs searchpath: File not found
[/home/user/.lincity-ng] is in the search path.
[/home/user/dev/lincity//data] is in the search path.
[/home/user/.lincity-ng] is the write directory.
Language is "en_GB".
fast = 9
SDL Mode 800x480
ERROR of degree -1:Error. Can't find LINCITY_HOME

With GLES it is indeed. Forgot to mention: works, music and all...