Ekiti approves N300 million for payment of compensation for proposed urban renewal

 

 

From John Adeleye, Ado Ekiti

 

The Ekiti State Executive Council has approved the payment of N300 Million Naira as complete compensation on the proposed Urban Renewal project at Atikankan/Igbeyin area of Ado Ekiti.

According to a statement by the Commissioner for Information and Value Orientation, Mr Taiwo Olatunbosun, the approval is to cover 130 claimants for permanent structures and 21 for temporary constructions

Olatunbosun said the development was done in line with the urban renewal vision to transform Ado-Ekiti to a more economically viable State Capital. The affected Atikankan area of Ado-Ekiti, behind Akodi-Sasere area falls within the Central Business District (CBD) of Ado-Ekiti, which had degenerated into a complex Urban Shanty Slum that is presently associated with serious urban; physical, social and environmental problems that require total clearance as the urban renewal resolution option for the area.

The State Government had earlier set up a committee under the Chairmanship of the Commissioner for Finance, Mr. Akin Oyebode on the valuation and compensation to be paid to the claimants following a reconnaissance survey of the area conducted by the Office of the Surveyor General and Bureau of Land Services.

The compensation would be paid directly to the claimants by the Ministry of Physical planning and Urban Development.

 

 

 

 

 

 

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