Demolition: Igbogbo Residents Receive N500Million Compensation From LASG

Wale Jagun

Lagos State Governor, Mr. Babajide Sanwo-Olu (left behind) and his deputy, Dr. Obafemi Hamzat (right behind) during the handover of compensation cheque to affected property owners of the Bola Ahmed Tinubu Road construction, during a working visit to Ikorodu Division at Ikorodu Town Hall, Ikorodu on Thursday, 10th of March, 2022.

Five years after their houses were demolished to pave way for the ongoing road expansion in Igbogbo, another set of affected residents have been paid N500million compensation by the administration of Mr Babajide Sanwo – Olu.

Royal fathers, leaders of the All Progressives Congress (APC), State functionaries, Council Chairmen and residents of Ikorodu welcomed the governor’s entourage which also included his deputy, Dr Obafemi Hamzat and members of his cabinets to the ultra – modern Ikorodu Town Hall, where Sanwo – Olu interacted with residents.

Hundreds of residential houses and businesses were affected when HiTech bulldozers roared into the Igbogbo community in December 2017, to pave for the expansion of Ipakodo/Igbogbo- Bola Ahmed Tinubu-Igbe/Gintin road.

The governor also announced that the second phase of the Itamaga – Ijede Road construction, which starts from Ewu – Elepe to Gberigbe, would commence on Saturday.

He said that his government and the contractor have sorted all issues delaying the road project.

The Governor also informed the Ikorodu residents that the State Government had set aside funds for the overhaul of Odogunyan Industrial Estate road, which also connects Lagos and Ogun States.

He said that the only thing delaying the project was the counterpart funding from the Federal Government, promising that the rehabilitation work would commence on the road immediately the counterpart funds were made available to the contractor.

The Federal Government, through the Minister of State for Finance, Budget and National Planning, Prince Clement Egba, had pledged N1.5billion towards the construction of the collapsed road during the commissioning of the Kimberly – Clark Manufacturing Plant in February, while Lagos State Government is to provide N1 Billion.

Announcing that President Muhammadu Buhari will be coming to commission the 32 Metric Tonnes per hour Rice Mill in Imota, Sanwo – Olu also stated other massive investments his government has established in Ikorodu Division.

“Ikorodu division offers the State a vast area of land for agricultural development. It is for this reason we chose the division as the site of the State-owned 32 Metric Tonnes per hour Imota Rice Mill, which is the largest in sub-Saharan Africa. We will be bringing Mr. President to commission the rice mill, which has an annual production capacity of 2.5 million bags of 50kg rice”, he said.

“On business and investment front, our administration has facilitated the establishment of Libra Cycle, a Domestic Export Warehouse (DEW), sitting on 12 hectares of land in Ibeshe, which serves as a bonded terminal providing depot services to eight of the world’s biggest shipping lines.

“We completed and delivered 480-unit homes in Babatunde Olushola Benson Estate, while also commissioning a 40 metric tonnes Liquified Petroleum Gas (LPG) Refill Plant in Igbogbo-Baiyeku Local Council Development Area (LCDA), thereby, creating hundreds of jobs for young people in the supply chain.”

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