• News - South West - Ekiti
  • Updated: May 21, 2024

Urban renewal: Ekiti compensates owners of demolished buildings 

Urban renewal: Ekiti compensates owners of demolished buildi

The sum of N300m has been disbursed to owners of properties affected by the urban renewal project by the Ekiti State Government.

The disbursement was carried out on Monday by the state governor, Biodun Oyebanji who was represented by his deputy, Monisade Afuye.

The beneficiaries were those whose buildings were marked for demolition at the Atikankan area of Ado Ekiti metropolis, a popular slum within the capital city, slated for the construction of an ultramodern Central Business District and modern park.

The state government, it will be recalled, began payment of compensation about three weeks ago to property owners whose buildings and crops were demolished for the construction of a 1.2km flyover between Okeyinmi, Ijigbo and Ajilosun area of Ado Ekiti metropolis and Ekiti State Ring Road Phase 1.

At the distribution of cheques to property owners on Monday, Oyebanji, pledged that his government would not subject property owners to undue bottleneck before having their compensation paid.

He said that the properties were acquired as part of the plan to rid Ekiti of slums, shanties and criminal hideouts.

He said the projects, which included “major trading hubs in the state where government, private individuals, business and corporate organisations can buy and sell goods and services in a decent and more coordinated manner,” would help boost the economic base of the state.

“The projects will have an impact and improve the living standards of the people as it is capable of generating employment for the youth.

“None of the developmental projects where structures, crops and property are affected will be demolished without payment of full compensation to the beneficiaries of such property,” the governor stated.

Oyebanji said although the amount might be meagre, “compared with the cost of erecting new structures, I want you to bear with us as this is part of the collective sacrifices we have to make to enjoy the prosperity of industrial and infrastructural development of our dear state.”

The Head of Service, Sunday Komolafe, described the proposed CBDt and park legacy projects as facilities that would add aesthetic values to Ado Ekiti and upscale the state’s economic prosperity.

Komolafe said the government shared the pains of those who lost their properties and businesses to the construction works, but clarified that the urban renewal policy was initiated in the public interest.



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