Ekiti Government Provides N300m Compensation to Property Owners for Urban Renewal
On Monday, Governor Biodun Oyebanji of Ekiti State distributed N300 million in compensation to property owners affected by the urban renewal policy of his administration.
The recipients are those whose properties are slated for demolition in the Atikankan area of Ado Ekiti metropolis, a well-known slum within the capital city. This demolition is to make way for the construction of the proposed ultra-modern central business district and modern park in the area.
This initiative follows shortly after the disbursement of millions of naira to individuals whose buildings and crops were affected by the construction of a 1.2-kilometre-long flyover connecting the Okeyinmi, Ijigbo, and Ajilosun areas of Ado Ekiti metropolis to the Ekiti State Ring Road Phase 1.
During the cheque distribution even...