Business News

Ekiti govt disburses N300m cheques to owners of properties marked for demolition over proposed Modern Park, others 

The Ekiti State Government of Governor, Biodun Oyebanji, says it has disbursed N300 million to residents whose properties were marked for demolition in Atikankan area of Ado Ekiti metropolis. 

The distribution of the cheques took place on Monday at an event held at the Pavilion, Fajuyi , Ado Ekiti, by the Deputy Governor, Chief (Mrs) Monisade Afuye.

This was disclosed in a statement published on the Ekiti State Ministry of Information website on May 20, 2024, Monday. 

The properties were said to be acquired for the construction of the proposed Ultra Modern Central Business District and Modern Park in the shanty area. 

Afuye said Atikankan has been a hideout for criminal elements to carry out evil activities. 

She stressed that the government was committed to transforming urban slums into a befitting central hub thereby boosting economic opportunities in the state. 

The Head of Service, Ekiti,  Engr. Sunday Komolafe, revealed the proposed Central Business District and Park legacy projects would add aesthetic values to Ado Ekiti and upscale the state’s economic prosperity.