Oyo Pays ₦5.35 Billion Compensation to 578 Property Owners Affected by Ibadan Circular Road
The Oyo State Government has disbursed more than ₦5.35 billion in compensation to 578 property owners affected by the construction of the first segment of the Ibadan Circular Road.
The development was disclosed by the Governor’s Executive Adviser on New Towns and Cities, Mofoluke Adebiyi, in an update on the ongoing compensation exercise.
The announcement was contained in a statement issued by the governor’s Special Adviser on Media, Sulaimon Olanrewaju, in Ibadan.
According to the state government, the payments cover two categories of affected property owners: those under the Right of Way (RoW) category and those classified under the Omission category.
Under the Right of Way category, which covers properties located within 75 metres on either side of the road median, 674 structures were initially identified.
Governor Seyi Makinde approved ₦3.862 billion as compensation for property owners in this category.
Of the 411 claimants who appeared before the screening committee, 378 completed the required documentation, executed their Deeds of Indemnity, obtained clearance and received their payments.
The Omission category covers property owners who claimed their buildings or structures were affected by the project but were not included in the initial enumeration exercise.
Following complaints from affected residents, the Oyo State New Towns and Cities Development Authority, working with the Ministry of Lands, Housing and Urban Development and the Office of the Surveyor-General, conducted a fresh enumeration exercise.
The assessment identified 251 affected structures, leading to the approval of ₦1.814 billion for compensation under the category.
A total of 216 property owners have appeared before the compensation screening committee, while 200 completed the necessary processes and received ₦1.494 billion.
The state government also disclosed that Makinde approved a reduction of the initial project setback from 150 metres to 75 metres in clustered and built-up areas.
The decision followed appeals and concerns raised by residents in communities affected by the project.
The adjustment was intended to reduce the number of properties affected by the road corridor while allowing the infrastructure project to proceed.
Despite the disbursement of more than ₦5.35 billion, the compensation exercise remains ongoing.
According to Adebiyi, 263 claimants under the Right of Way category and 35 under the Omission category are yet to appear before the screening committee.
Some other claimants are also expected to complete their documentation before receiving final clearance.
She further disclosed that 16 payment transactions were unsuccessful because of discrepancies between the names submitted during screening and the bank account details provided by the beneficiaries.
The government said efforts were underway to resolve the issues and facilitate the outstanding payments.
Adebiyi assured affected residents that the exercise would continue to follow due process, adding that all eligible claimants who satisfy the stipulated requirements would receive their compensation.
The first segment of the Ibadan Circular Road covers approximately 32.2 kilometres.
It begins around the Abiola Ajimobi Technical University axis along the Lagos-Ibadan Expressway in Oluyole Local Government Area, passes through Ona Ara and terminates at Badeku Junction on the Ibadan-Ife Expressway in Egbeda Local Government Area.
The project is part of Oyo State’s wider infrastructure development plans aimed at improving connectivity and easing movement around Ibadan.
With compensation payments continuing, attention will remain on the government’s ability to resolve outstanding claims while delivering the road project.
