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HomeStates NewsOyo State Govt Begins Compensation Payments for Affected Property Owners

Oyo State Govt Begins Compensation Payments for Affected Property Owners

By Favour Victor, JKNewsMedia Reporter

THE OYO State Government has started compensating property owners affected by development projects along the Ajia Inukan LCDA, Ona Ara Local Government Area.

On Monday, Mr. Williams Akin-Funmilayo, the Commissioner for Lands, Housing, and Urban Development, announced the commencement of these payments during a meeting with the claimants.

Akin-Funmilayo explained that the government recently acquired land for the construction of an Air Force Base, a General Hospital, and an ICT center in Ajia, Ona Ara Local Government Area.

To facilitate these projects, the government has allocated a total of N513,462,446.50 (Five hundred and thirteen million, four hundred and sixty-two thousand, four hundred- and forty-six-naira fifty kobo) in compensation to the affected property owners.

This compensation is part of the government’s efforts to maintain a positive relationship with the residents.

Akin-Funmilayo also noted that previous identification and verification exercises had been conducted to value the properties and prepare for these payments.

A beneficiary, Mr. Adedokun Olalekan expressed his appreciation to the State Governor, Engr Seyi Makinde, for his concern and support for the people of Oyo State.

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