• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News

Ekiti State pays N300 million compensation to 377 landowners for Airport project

Rosalia Ozibo by Rosalia Ozibo
November 1, 2024
in Business News
Ekiti State, Cavista Holdings

Ekiti State, Biodun Oyebanji

Share on FacebookShare on TwitterShare on Linkedin

The Ekiti State Government has disbursed a total of N300 million to 377 landowners affected by the land acquisition for the Ekiti State Agro-Allied Cargo Airport in Ado Ekiti.

In a statement during the cheque disbursement ceremony held in Ado Ekiti, Governor Oyebanji, represented by Deputy Governor Chief (Mrs) Monisade Afuye, explained that the landowners from Ijan, Igbemo, Afao, Iworoko, and other communities were compensated for the land and economic trees acquired for the airport project.

Oyebanji expressed gratitude to these landowners, commending their sacrifices and patience. “To you, the landowners, I say: thank you for your patience and understanding. Today’s ceremony marks the disbursement of the third and final tranche of compensation to 377 claimants,” he stated.

MoreStories

LASCOPA resolves 11,000 complaints, recovers N860m for Lagos consumers

LASCOPA resolves 11,000 complaints, recovers N860m for Lagos consumers

March 12, 2026
Transcorp Group delivers record FY 2025 performance: profit after tax surges 44% to ₦136 billion | revenue up 33% to ₦544 billion

Tony Elumelu deploys $100 million seed capital to support African startups

March 12, 2026

Project justification 

  • Addressing the public’s concern about the airport project, Governor Oyebanji dismissed claims that it was a misplaced priority.
  • He clarified that the facility’s primary goal is to expand Ekiti’s connectivity to national and international markets, as well as to serve as a hub for agriculture, commerce, and tourism.

“The Ekiti State Cargo Airport Project was conceived not just as an infrastructural achievement, but as a critical pillar in our mission to drive economic diversification, stimulate local industry, and create new opportunities for the people of Ekiti,”  

“We have a vision of an airport that will not only improve the state’s connectivity to national and international markets but also serve as a gateway for agriculture, commerce, and tourism, fueling local business growth and attracting investments that will benefit our communities,” Oyebanji said.

He further assured residents that the facility would create a favourable environment for business growth, job creation, and overall infrastructural advancement in Ekiti State.

Commitment to compensation 

Governor Oyebanji encouraged landowners who had not yet received compensation to avoid disrupting ongoing construction, promising that all outstanding payments would be fulfilled to indemnify their losses.

He emphasized, “We understand that the prompt and fair compensation of those affected is not only a legal obligation but a moral one. Our sacrifice and cooperation with this administration are deeply valued.” 

Prof. James Olaleye, Special Adviser to the Governor on Geographic Information System, Lands and Survey, reassured the claimants, noting that the compensation package was designed to ease the landowners’ losses.

“I hope those concerned will understand the genuine efforts of the present government to bring all their worries to past. I hereby assure all the claimants who are being owed compensations for other project sites, that very soon, all their dues will be settled,” Olaleye said.

Chief Ojo Awe and Mr. Olufemi Oso, speaking on behalf of the nine communities involved, commended the governor’s commitment to addressing the concerns of the landowners.


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Biodun OyebanjiEkiti state government
Rosalia Ozibo

Rosalia Ozibo

Rosalia is a versatile journalist with a focus on technology and education. She has a talent for turning complex ideas into engaging stories, exploring how innovation and learning shape the future of people, business, and society. From tracking shifts in digital transformation and emerging tech to writing about developments in education policy and practice, her work bridges insight and accessibility. Known for sharp analysis and compelling storytelling, she continues to provide readers with perspectives that connect knowledge, opportunity, and the evolving world of work.

Next Post
Bitcoin symbol with red arrow indicating price drop.

Crypto Bloodbath: Traders lose $277 Million, Bitcoin crashes below $70K

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast
rabafast

nairametrics





DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics