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Oworonshoki Regeneration — Lagos Begins Compensation Payments for Landlords Whose Properties Are Marked for Demolition, Some Receive N4 Million While Plank Houses Get N500,000
The Lagos State Government has begun compensating residents of Oworonshoki in Kosofe Local Government Area whose properties were affected or marked for demolition under the ongoing regeneration and environmental renewal project in the community.
The payment exercise commenced on Thursday, October 23, 2025, at the palace of the traditional ruler of Oworonshoki. The event brought together community leaders, civil society organisations, security agencies, and the media to witness what has been described as a deliberate move by Governor Babajide Sanwo-Olu to ensure a humane and inclusive approach to urban development.
General Manager of the Lagos State Urban Renewal Agency (LASURA), TPL/ESV Olajide Animashaun, said the compensation followed thorough enumeration and verification exercises carried out in partnership with community stakeholders.
He explained that the regeneration project became necessary due to the presence of illegal and structurally unsafe buildings constructed along drainage channels and waterways, posing severe environmental and safety challenges to residents.
“Oworonshoki was prioritised under the state’s comprehensive urban renewal plan. Some buildings were unsafe and obstructed major water channels. However, in line with the administration’s inclusive governance approach, verified affected residents are being compensated before further demolition continues,” Animashaun stated.
He commended Governor Sanwo-Olu for his leadership, and also acknowledged the efforts of the Commissioner for Physical Planning and Urban Development and the Permanent Secretary, Office of Urban Development, Arc. Gbolahan Oki, for their roles in the successful implementation of the project.
Meanwhile, Lagos Reporters confirms that some landlords received compensation ranging between N3 million and N4 million, depending on the valuation of their affected properties.
Residents who owned wooden plank structures (popularly known as Kpako houses) received between N300,000 and N500,000, reflecting the lower assessed value of such buildings.
It was also disclosed that more properties within high-risk and drainage expansion corridors have been newly marked for demolition, as the regeneration project moves into another phase intended to widen water channels and improve road access.
A total of 79 verified beneficiaries are scheduled for compensation in two batches. The first group received their cheques on Thursday, while the second batch is expected to receive theirs on Friday at the same venue.