News

Oyo Govt Compensates Ajia Property Owners

The Oyo State Government has commenced the payment of compensation to owners of the affected properties along the Ajia Inukan LCDA, Ona Ara Local Government corridor in the State.

 

 

 

The Commissioner for Lands, Housing and Urban Development, Mr. Williams Akin-Funmilayo revealed this on Monday, in a meeting with the claimants.

 

 

 

Akin-Funmilayo recalled that the government recently acquired an expanse of land for developmental projects of construction of Air Force Base, General Hospital and ICT centre said the projects sited at Ajia in Ona Ara Local Government area.

 

 

 

In this connection, the Oyo State government has earmarked the sum of Five Hundred and Thirteen Million, Four Hundred and Sixty -Two Thousand, Four Hundred and Forty-six Naira Fifty Kobo (N513, 462, 446. 50k) as compensation to the affected claimants.

 

 

 

The compensation, according to Akin-Funmilayo, is a crucial step towards fostering a good relationship between the government and the residents.

 

 

 

It will be recalled that the Oyo State Government had earlier conducted identification and verification exercises for the property owners along the corridor of the project, after which their properties were valued in preparation for payment of compensation by the State Government.

 

 

 

One of the beneficiaries, Mr Adedokun Olalekan, expressed gratitude to the State Governor, Engr Seyi Makinde, for his empathy towards the people of Oyo State.

TruetellsNigeria

Recent Posts

EKEDC ADVISES CUSTOMERS AGAINST PAYING INDIVIDUALS FOR METER PROCUREMENT AND INSTALLATIONS

Eko Electricity Distribution Company (EKEDC) has urged its customers to avoid paying individuals and unauthorized…

12 hours ago

Japan Tobacco International Nigeria Remains Committed to Environmental Conservation, Marks 2024 World Clean-up Day

As part of its unwavering commitment to environmental preservation, Japan Tobacco International Nigeria, a member…

12 hours ago

Glo-sponsored African Voices Playmakers hosts Wole Soyinka

African Voices Playmakers, CNN International’s  magazine programme, will this week host world renowned playwright, dramatist,…

12 hours ago

WEMA BANK SET TO LAUNCH SEASON 4 OF ITS 5 FOR 5 PROMO REWARD INITIATIVE From October 1st, 2024

  Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank,…

12 hours ago

GTCO’s Guaranty Trust Bank named best bank for corporate social responsibility in Nigeria by Euromoney

Guaranty Trust Bank Ltd (“GTBank,” or “the Bank”), flagship subsidiary of Guaranty Trust Holding Company…

19 hours ago

40-year-old Nigerian man commits suicide over hardship

A 40-year-old man identified as Jibrin Adamu has committed su!cide by hanging himself in Marika…

21 hours ago