One year after demolishing Mosafejo community market popularly called Oko-Mola in Oshodi Local Government, Lagos State Government has commenced payment of compensation to affected traders, even as it assured residents that efforts would be jeered towards quick completion of the redevelopment plan.
The Commissioner for Physical Planning and Urban Development, Abiola Anifowose, who made the disclosure in a statement, said that the payment was to fulfill assurance given to the traders before the demolition exercise.
Anifowose however urged the traders to embrace Oshodi regeneration plan, saying worth of what Government is doing for the traders may not be immediately appreciated but upon completion of the project, they would realize that the value of their business and quality of life within the axis would improved tremendously.
The commissioner stressed that the redevelopment would drive commerce and investment into Oshodi; in future, saying it would become modern Central Business District (CBD).
He argued that Oshodi Transport Interchange would be embellished with such as International Bus Terminals, Shopping/Business Malls, Local Bus Interchange, Theme Parks, Car Parks and other facilities that would add to a Modern City Lifestyle.
Also, Special Adviser to the Governor on Urban Development, Yetunde Onabule, said that need to redevelop the area arose consequent upon the State Governments commencement of urban regeneration of Oshodi.
Onabule opined that the new Oshodi CBD would not only reduce crime in the area, but would further address environmental nuisance and confusion often associated with the axis.
“Oshodi in its present state currently accommodates about one million pedestrians daily with about 100,000 passengers daily accessing the 13 parks scattered within the area, while 76 per cent of the area is dedicated to transport and related activities, causing serious traffic congestion and other environmental issues.
“This project would see the total rebranding of the Old Oshodi, thus turning Lagos into a befitting and an iconic international gateway to the rest of the world. It will also ensure an organized transport system that will aid free flowing traffic,” she added.
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