Oyo pays N5.35bn compensation to 578 Circular Road victims
AI Executive Briefing
Gemini Flash AI~45s readThe Oyo State Government has successfully disbursed over N5.35bn in compensation to 578 property owners affected by the 32.2km Ibadan Circular Road project. This initiative follows a strategic reduction in the road's setback requirements and a comprehensive enumeration process to include previously omitted properties.
Context & Background
- ✦The project spans multiple local government areas, including Oluyole, Ona Ara, and Egbeda, necessitating significant land acquisition.
- ✦The government implemented a policy shift to reduce the Right of Way setback from 150 metres to 75 metres in clustered areas to address resident concerns.
Key Figures & Named Entities
Governor Seyi Makinde:Approved the compensation funds and the reduction of the road setback.Mrs. Mofoluke Adebiyi (Executive Adviser on New Towns and Cities):Overseeing the compensation progress and screening committees.N5.35bn:Total compensation disbursed to date across Right of Way and Omission categories.
Outlook & Next Steps
The compensation exercise remains ongoing for the remaining claimants who have yet to appear before the screening committee or complete their documentation, with efforts underway to rectify payment discrepancies for 16 individuals.
Key Takeaways
AI Summary- The Oyo State Government has disbursed over N5.35bn in compensation to 578 property owners impacted by the Ibadan Circular Road project.
- Governor Seyi Makinde reduced the project's required setback from 150 metres to 75 metres in built-up areas to mitigate the impact on residents.
- Compensation is divided into two categories: Right of Way (RoW) and Omission, with ongoing efforts to resolve documentation and payment discrepancies for remaining claimants.
Key Facts:N3,862,151,322.20: Governor Makinde approved N3,862,151,322.20 for property owners under the Right of Way category.N1,813,954,100: The government approved N1,813,954,100 for property owners identified under the omission category.
Editorial Excerpt
The Oyo State Government has disbursed over N5.35bn in compensation to 578 property owners affected by the First Segment of the Ibadan Circular Road Project.
Frequently Asked Questions About This Story
What is the scope of the First Segment of the Ibadan Circular Road?
It is a 32.2-kilometre road stretching from the Abiola Ajimobi Technical University axis on the Lagos-Ibadan Expressway to Badeku Junction on the Ibadan-Ife Expressway.
Why did some claimants experience unsuccessful payment transactions?
Payments were unsuccessful for 16 claimants due to discrepancies between the names submitted during the screening process and the bank account details provided.
