The Oyo State Government has disbursed more than ₦5.35 billion in compensation to 578 property owners affected by the first segment of the Ibadan Circular Road project.
The payment marks a significant milestone in the implementation of the infrastructure project, which is one of the state’s major ongoing developments.
The governor’s Executive Adviser on New Towns and Cities, Mrs Mofoluke Adebiyi, disclosed the progress, saying hundreds of affected property owners under the Right of Way (ROW) and Omission categories had received their approved compensation.
The development was contained in a statement issued in Ibadan on Sunday by Sulaimon Olarenwaju, Special Adviser on Media to Governor Seyi Makinde.
The statement explained that the first segment of the Ibadan Circular Road covers 32.2 kilometres, beginning from the Abiola Ajimobi Technical University axis on the Lagos–Ibadan Expressway in Oluyole Local Government Area.
The route passes through Ona Ara Local Government Area and terminates at Badeku Junction on the Ibadan–Ife Expressway in Egbeda Local Government Area.
According to the statement, 578 property owners across the two categories have received compensation, reflecting the government’s efforts to ensure that residents affected by the project are adequately compensated.
Adebiyi said the payment exercise was still ongoing, assuring eligible claimants who meet the stipulated requirements that they would receive their entitlements.
She disclosed that 263 claimants in the Right of Way category and 35 in the Omission category had yet to appear before the committee.
Other claimants are also expected to complete the necessary documentation before receiving final clearance.
The governor’s aide further revealed that 16 payment transactions were unsuccessful because of discrepancies between the names submitted during screening and the bank account details provided by the claimants.
She said efforts were being made to resolve the discrepancies and ensure that the affected individuals receive their payments.
Adebiyi maintained that the compensation process had been conducted transparently and fairly, without favouritism, adding that due process would continue to guide the exercise.
The state government reiterated its commitment to delivering major infrastructure projects while protecting the interests of residents whose properties are affected by development activities.
