Local News

Infrastructure Boost for Osun New Town


Infrastructure Boost for Osun New Town

The dream of creating new towns in Osun State got a boost as elders in Osogbo, the state capital, mobilised indigenes in the Diaspoara to buy into the new project.


At a Tripartite meeting among Osun New Towns and Growth Areas Development Authority, Osogbo Progressives Union and the developer, Akeeb Investment Limited, Osogbo Progressive Union President, Ambassador Razak Siyanbola, assured Oranmiyan New Town management that indigenes, both at home and in the Diaspora, would support the project.

The Oranmiyan New Town streches from Abere to Fountain University and part of Owode. According to the managers, when completed, the new town would have all the facilities a modern city like Dubai has.

The new town, which has 2,572 hectares (6340Acres) of land, is located within Osogbo, the state capital territory; in the precincts of the state Secretariat and the Osun Osogbo Grove. It is made up of seven neighborhoods and has a 42-meter right-of-way main boulevard, which cuts across six neighborhoods. Already, over 2, 000 applicants have submitted their forms for the scheme, while a few have received their allocations.


Speaking on behalf of others elders, Siyanbola said he was ready to stake his credibility for the project. “We will now bring our credibility online now because we have personally seen it.”

The elders, who were not oblivious of the problems those in the Diaspora face as regards building houses and estate, said with what was on ground at the Oranmiyan New Town there is nothing to be afraid off. When The Nation visited the site, workers were busy at different locations, constructing culverts and drainage.

Speaking on the project, spokesperson for Osogbo Progressive Union (OPU) Mr. Oyesiku Adelu said: “It is commendable looking at the way the place has been opened up. I want to commend the determination of the state government of Osun, which has invested so much into this project. We hope that many people from the state, particularly from Osogbo, will patronise this project because obviously, the government still needs to recoup its money and one of the way to re coup the money is to get people to buy into it.”

The Nation was at a meeting where the managements of the projects; Osun New Towns and Growth Areas Development Authority, representing the Osun State government and the developer of the projects, Akeeb Investment Limited, addressed some grey areas such as the project credibility, payment term, and the size.

The project, which started in 2014 by Ogbeni Rauf Aregbesola’s administration, was initially sold for N3, 000 per square meter and the least that a subscriber could get was 1,000 square metres, which is a bit above two plots. Right now, the land is currently being sold for N6,500 per square metre. According the Head of Administration of Osun New Towns and Growth Areas Development Authority, Mrs Caroline Abiona. “For those, who have cash between now and the end of January, we are selling for N6,500 at minimum of 1,000 square metre which is about 6.5 million naira. The 1000 square metre is equal to 2 plots plus. But it is going to be N10,000 per square metre after January,” she said.

Unlike what obtained in the past, Abiona said subscribers are expected to show commitment before getting their allocation letters. “There is the need for initial deposit even before the allocation letter is given, you will see where you will buy, but you must make commitment so that we will know that you’re ready to buy. If there is no commitment, we will not treat your form until you say you’re ready. We cannot afford to give you an allocation letter and you witholding it and another person comes with cash and we don’t have land to give to that person,” she added


To Top
error: Content is protected !!