The Oyo State Government has disbursed over ₦5.35 billion in compensation to 578 property owners affected by the First Segment of the Ibadan Circular Road Project, marking a major milestone in the implementation of one of the state’s most ambitious infrastructure projects and reaffirming Governor Seyi Makinde’s commitment to balancing development with the protection of citizens’ interests.
Providing an update on the compensation exercise, the Executive Adviser to the Governor on New Towns and Cities, Mrs. Mofoluke Adebiyi, said the State Government had recorded substantial progress in the payment process, with hundreds of affected property owners across both the Right of Way and Omission categories already receiving their approved compensation.
The First Segment of the Ibadan Circular Road spans 32.2 kilometres, stretching from the Abiola Ajimobi Technical University axis on the Lagos-Ibadan Expressway in Oluyole Local Government Area, through Ona Ara Local Government Area, and terminating at Badeku Junction on the Ibadan-Ife Expressway in Egbeda Local Government Area.