Ibadan Circular Road Compensation: Oyo Pays ₦4.6bn, Fixes 75-Metre Setback — What Every Landowner and Buyer Must Know

Payment alerts started landing on Friday night. We break down the money, the new setback line, how we got here, and what it means for anyone who owns or wants land in Ibadan. By DEVALOP News Desk · 30 October 2026 · 6-minute read IBADAN, Oyo State — After months of worry, radio phone-ins and endless WhatsApp voice notes, property…

Don’t Buy Land in Bako, Fenwa, Lade, Elenusonso Until You Read This Report

The 110-kilometer Rashidi Ladoja Circular Road is undeniably the most transformative infrastructure project in modern Oyo State history. It is designed to encircle the Ibadan metropolis, ease traffic, and unlock massive economic corridors. As a result, there is a fierce real estate rush in Ido Local Government Area—specifically in rapidly emerging hubs like Bako, Fenwa, Lade, and Elenusonso. But behind…

The 2026 Infrastructure Premium Report: How Mega-Projects Impact Real Estate in South-West Nigeria

The 2026 Infrastructure Premium Report focuses on how mega-projects are redefining real estate wealth in South-West Nigeria. As of early 2026, the Nigerian real estate sector has solidified its position as a primary engine of the national economy. Following the recent GDP rebasing, the sector’s output reached a nominal ₦41.3 trillion, displacing legacy sectors to rank among the top contributors…