The Oyo State Government has disbursed over ₦5.35 billion in compensation to 578 property owners affected by the First Segment of the Ibadan Circular Road Project. This development marks a major milestone in the implementation of one of the state’s most ambitious infrastructure projects. Governor Seyi Makinde’s administration aims to balance development with the protection of citizens’ interests. The project spans 32.2 kilometres, stretching from the Abiola Ajimobi Technical University axis to Badeku Junction.
The compensation exercise, conducted by the state government, has recorded substantial progress. Under the right-of-way category, 674 structures were enumerated, and ₦3,862,151,322.20 was approved for affected owners. So far, 411 claimants have been screened, and 378 have received their compensation payments. The state government reduced the initial setback from 150m to 75m in clustered and built-up areas following appeals from residents.
In the omission category, 251 affected structures were identified through a fresh enumeration exercise. Governor Makinde approved ₦1,813,954,100.00 as compensation for property owners in this category. Records show that 216 property owners have appeared before the Monitoring Team, and 200 claimants have been cleared and paid a total of ₦1,493,784,700.00. The government remains committed to ensuring that all eligible claimants receive their payments.
The compensation exercise is ongoing, with 263 claimants in the ROW category and 35 claimants in the omission category yet to appear before the committee. Others are expected to fulfil documentation requirements before final clearance. Only 16 claimants experienced unsuccessful payment transactions due to discrepancies in their submitted information.
According to the governor’s Executive Adviser on New Towns and Cities, Mrs Mofoluke Adebiyi, the compensation exercise has been conducted transparently and fairly. She assured all affected property owners that due process remains the guiding principle throughout the exercise. The government reaffirmed its commitment to delivering transformative infrastructure while safeguarding the interests of affected residents.
The payment of over ₦5.35 billion in compensation reflects the administration’s resolve to ensure that development proceeds hand in hand with fairness, accountability and responsible governance. The Ibadan Circular Road Project is one of the state’s most ambitious infrastructure projects, and the government is committed to its successful implementation.
The Oyo State Government’s efforts to balance development with the protection of citizens’ interests have been commended by various stakeholders. The administration’s commitment to transparency and fairness in the compensation exercise has helped to build trust among affected property owners. The government’s resolve to deliver transformative infrastructure while safeguarding the interests of affected residents remains a top priority.
Key points
- Oyo State government disburses N5.35bn compensation to 578 property owners affected by Ibadan Circular Road Project
- Compensation exercise conducted transparently and fairly, with due process guiding the process
- Government reaffirms commitment to delivering transformative infrastructure while safeguarding the interests of affected residents
