Urban Renewal: Oyebanji Doles Out N300m Compensation To Property Owners …Pledges To Rid Ado Ekiti Of Slums

Ekiti State State Governor, Mr Biodun Oyebanji, on Monday, disbursed a whopping sum of N300 million to owners of properties acquired for the Urban Renewal Project of the administration.

The beneficiaries were those whose buildings would be demolished at Atikankan area of Ado Ekiti metropolis, a popular slum within the capital city, for the construction of the proposed Ultra Modern Central Business District and Modern Park.

The gesture came barely three weeks after Millions of Naira, were paid as compensation to those whose buildings and crops were demolished for the construction of 1.2 kilometres flyover between Okeyinmi, Ijigbo and Ajilosun area of Ado Ekiti metropolis and Ekiti State Ring Road Phase 1.

Distributing the cheques at an event held at the Pavilion, Fajuyi area of Ado Ekiti, Oyebanji, represented by the Deputy Governor, Chief (Mrs) Monisade Afuye, pledged that his government won’t subject property owners to undue bottleneck before having their compensation paid.

The Governor stated that though the properties were acquired as part of the determined strides to rid Ekiti of slums and shanties, as represented by Atikankan area, but, this he said, won’t deter him from offering compensation to original owners of landed property in the axis.

The Governor said Atikankan has been a notorious hideout for criminals perpetrating evils and represented a dirty and shanty view constituting threat to the people because of high proclivity for the breakout of communicable diseases.

Oyebanji stressed that one of the cardinal objectives of his administration, is transformation of urban slums into a befitting central hubs that will boost economic opportunities in the state, which he said spurred the acquisition of Atikankan/ Igbehin area .

“The proposed project will be one of the 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. The projects will have an impact and improve the living standards of the people as they are capable of generating employment for the youths.

“Let me reiterate that 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. My administration is committed to prompting payment of compensation, no matter how small it might be, so that the little amount paid will not be consumed by inflation rate.

“Although, the amount might be meagre compared with the cost of erecting new structures, but 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”.

Speaking earlier, the Head of Service, Engr. Sunday Komolafe, described the proposed Central Business District and Park legacy projects as facilities that would add aesthetic values to Ado Ekiti and upscale the state’s economic prosperity.

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