Close Menu
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
Trending
  • No Ship Fire At ENL Terminal – Management 
  • APFFLON Writes Tinubu, Calls For Urgent Reform Of Nigeria Police Force
  • Clarify Your Unionization, Control Of Freight Forwarders Comments, APFFLON Tasks MWUN
  • X-Raying Dantsoho’s Impressive Performance Scorecard At NPA
  • Annual Return: FIRS Chairman, Adedeji Directs Opening Of Tax Offices On Weekend 
  • Customs Spokesperson Advocates Data-Driven PR At APRA 26th Annual Conference In Kenya
  • PETROAN Raises Concern Over Dangote Refinery’s 4,000 CNG Powered Tankers For Petroleum, Diesel Distribution
  • Ports & Cargo Welcomes Largest General Cargo Vessel To Call The Terminal
Prime Time Reporters
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
Prime Time Reporters
Home » Oyo State Government To Establish Business District In Ibadan
Business

Oyo State Government To Establish Business District In Ibadan

Saint AugustineBy Saint AugustineNovember 2, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Oyo State Government has concluded plans to establish a business district in Ibadan, the state capital, to make way for a commercial corridor that would be a beehive of economic activities.

The Commissioner for Lands, Housing and Urban Development, Mr. Williams A. Funmilayo disclosed this in Akinyele during a sensitization meeting with relevant stakeholders.

According to him, the project will be situated in the Akinyele Local Government area of the State. 

He mentioned that 3,149 hectares of land have been delineated for the project while 598.613 hectares of the land have been earmarked as resettlement scheme for some of the affected villages. 

He further revealed that 833,853 hectares have been identified as a developed area, which will be excised from the acquisition, while the remaining 1,717.235 hectares of land will be designated as Ilu-tuntun Business District. 

He further said that enumeration and valuation of structures will commence on Monday, 4th November, 2024 to give a clearer perspective to affected areas within the Ilu-tuntun Business District corridor.

Akin Funmilayo enjoined the organised private sector to partner with the state government in growing the economy in order to improve the living conditions of residents.

Also, the Commissioner implored the Akinyele residents to cooperate with the officials that will conduct the enumeration and valuation of affected properties, which will commence on Monday, 4th November, 2024.

Speaking on the project, Akinyele Local Government Chairman, Honourable Wole Akinleye appreciated the Government for the project cited for development in Akinyele Local Government, saying that people living in the remote villages applauded the measures taken by the Government.

“They will be resettled even when government pays compensation to them, which shows the Government is considerate in its urbanisation project”, he said.

The Alakinyele of Akinyele, HRH, Oba James Odeniran, also appreciated the government for choosing Akinyele local government for such development.

Send your press invite, news, press releases/articles to augustinenwadinamuo@yahoo.com. Also, follow us on Twitter @PrimetimeRepor1 and on Facebook on facebook.com/primetimereporters or call the editor on 07030661526.

Hon. Wole Akinleye Ilu-tuntun Business District Mr. Williams A. Funmilayo Oba James Odeniran Oyo State Government
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleRivers: MEND Ready To Safeguard Oil Installations From Attack – Jomo Gbomo
Next Article Customs Facilitates First Shipment From Nigeria To Kenya Under AfCFTA
Saint Augustine
  • Website
  • Facebook
  • X (Twitter)

Saint Augustine is a seasoned freelance journalist and the chief editor of Primetime Reporters.

Related Posts

Annual Return: FIRS Chairman, Adedeji Directs Opening Of Tax Offices On Weekend 

June 16, 2025

PETROAN Raises Concern Over Dangote Refinery’s 4,000 CNG Powered Tankers For Petroleum, Diesel Distribution

June 16, 2025

NCC, Stakeholders Tackle Rural Connectivity Challenges

June 12, 2025
Leave A Reply Cancel Reply

Recent Posts

No Ship Fire At ENL Terminal – Management 

June 22, 2025

APFFLON Writes Tinubu, Calls For Urgent Reform Of Nigeria Police Force

June 20, 2025

Clarify Your Unionization, Control Of Freight Forwarders Comments, APFFLON Tasks MWUN

June 17, 2025

X-Raying Dantsoho’s Impressive Performance Scorecard At NPA

June 17, 2025

Annual Return: FIRS Chairman, Adedeji Directs Opening Of Tax Offices On Weekend 

June 16, 2025
© 2025 Copyright Primetime Reporters.
  • Home
  • Business
  • Features
  • Interview
  • News
  • Opinion
  • Politics
  • The Icon
  • Get In Touch
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.