Oyo State disburses ₦5.35bn to property owners for circular road project

The Oyo State Government has paid over ₦5.35 billion in compensation to 578 property owners affected by the first segment of the Ibadan Circular Road Project. The 32.2-kilometre stretch spans from the Abiola Ajimobi Technical University axis on the Lagos-Ibadan Expressway through Ona Ara Local Government Area to Badeku Junction on the Ibadan-Ife Expressway.

Compensation was distributed across two categories: Right of Way (RoW) and Omission. For the RoW category, which includes properties within 75 metres of the road median, the government approved ₦3.86 billion. Following a reduction of the setback distance from 150 metres to 75 metres in built-up areas, 378 claimants have received payments.

The Omission category, consisting of property owners not initially enumerated, saw an additional ₦1.81 billion approved after a fresh assessment identified 251 structures. To date, 200 beneficiaries in this category have been cleared and paid a total of ₦1.49 billion.