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    ALMOND 94.3 FM Ibadan

News

IBADAN CIRCULAR ROAD: OYO GOVT PAYS N200M COMPENSATION TO 4TH BATCH OF BENEFICIARIES

today05/09/2025 3

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The Oyo State Government has paid out the sum of N200 million to a fresh batch of property owners affected by the ongoing construction on the first segment of the Senator Rashidi Ladoja Circular Road.

Commissioner for Lands, Housing and Urban Development, Mr Williams Akin-Funmilayo, who handed out the cheques to beneficiaries on Thursday, said they were the fourth batch of beneficiaries to receive compensation from the state government.

Speaking at the Ministry of Lands shortly after giving cheques to scores of property owners, Akin-Funmilayo maintained that the state has now paid compensation to 193 beneficiares out of the 298 property owners affected by the development.

He urged the remaining 105 property owners on the first segment of the project to come forward for screening so they could receive their compensations, stressing that the Governor ‘Seyi Makinde administration would keep to its commitment to ensure that adequate compensations are paid to deserving property owners.

Written by: Almond News

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