The governor of Ekiti State, Biodun Oyebanji, on Monday distributed a staggering sum of N155 million as compensation to those whose property were acquired for the construction of the Ikere-Akure dualisation project.
Oyebanji assured the citizens that embarking on projects that will add value and create vistas of economic activities and business development, will continue to dominate the priority lists of his administration.
Oyebanji gave the assurance, on Monday, while flagging off the disbursement of compensation to those whose property were destroyed for the dualisation of Ikere-Akure dual carriage way.
The governor, represented by the Deputy Governor, Chief (Mrs) Monisade Afuye, said the road was conceptualised to bolster business activities and enhance transportation system between Ekiti and Ondo States.
“This project is not just an infrastructural intervention, it is a crucial lifeline that will strengthen socio economic ties between Ekiti and Ondo States and enhance the general wellbeing of our people.
“It is also part of the broader development policy to open up our communities , reduce travel time and ensure the safety and convenience of commuters along this crucial corridor.
“A total of N155,453,,846.74 has been approved and earmarked for this compensation exercise. This covers the formal acquisition of land valuation and payments for unexhausted improvements on affected property. The transparent and fair disbursement of these funds is our priority, and I want to assure you that due process has been followed”.
Oyebanji saluted the property owners for exhibiting understanding and surrendered their property to expand the scope of progress and development of the state.
“Though, what we are giving might not be commensurate or equal to your property, but I want you to know that with this sacrifice, you have written your names with indelible ink in the history of development of our dear state. I urge you to use these funds wisely.
“You can see that this government is highly compassionate. Some governments can acquire such property in public interest and destroyed them and still refuse to pay compensation. But Governor Oyebanji didn’t do that. He promised to pay the compensation before the completion of the project and he is fulfilling this today”.
In his submission, the Special Adviser on Lands, Survey and Geographical Information System (eGIS), Prof James Olaleye, stressed that the property acquired were strategic for the successful construction of the road that will bolster economic activities and ease traffic gridlock along that pivotal corridor.
Olaleye described the road as one of the arteries of business and agriculture development in the state, particularly for its linkage to Ikere Ekiti, perceived as the second largest town in Ekiti State.
“To those receiving payments today, use the money wisely. I know it is not easy to give up your property and relocate. But this is a necessary step you have to take for the success of this project. We appreciate your understanding”.