Ondo to payN1 billion compensation

Ondo to payN1 billion compensation

The Ondo State
government will spend N1 billion as compensation to owners of buildings
to be affected in the dualization exercise of the Arakale Road project
in Akure metropolis.

Olusegun Mimiko,
the state governor, disclosed this in Akure on Monday while speaking on
the television programme, ‘Mr Governor Explains’.

He said that the dualization of the road would necessitate the pulling down of about 80 buildings, to pave way for the project .

Mr Mimiko described
Akure as the mirror of the state, the outlook of which would determine
the in-flow of massive investments into the state, noting that his
administration intends to create a state capital which will be a pride
in the country and that will attract investors, thereby, generating
revenue into the state coffers.

The governor
explained that the state government was carrying out massive urban
renewal projects across the state for the overall improvement of its
aesthetic outlook as well as improved and easy traffic system.

He also assured that apart from the two ultra-modern neighbourhood
markets already built by his administration in Akure and the abandoned
ones which were refurbished by his government, new markets would be
built to accommodate market women in Akure and all over the state.

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