CBN to resuscitate 82acres staff estate in Ibadan

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In Nigeria
Jul 30th, 2014
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Work will soon commenced on the abandoned 82 acres of Central Bank of Nigeria’s (CBN) staff estate located in Owode, Apata area of Ibadan, the Oyo state capital.

The CBN’s Deputy-Governor (Corporate Services), Mr. Bayo Adelabu gave this assurance while on the on-spot assessment of the multi-million naira property designed as housing units for its staff but which unfortunately had been abandoned and allowed to suffer neglect.

Adelabu who led a team of staffers within Ibadan office of the CBN to the area, lamented the culture of waste and undue neglect that “this very massive property containing several blocks of housing units has been made to go through in a way that this place is in a state of neglect.”

“But CBN under the current leadership of our Governor, Godwin Emefiele is a sensitive, responsible organization. You recall there was a news item in a newspaper about the neglect of a property which belongs to CBN last week. Immediately we read the news, we have to respond promptly because it is our belief that a very massive property containing several blocks of housing units that is in a state of neglect must be brought back to life,” Adelabu told reporters in Ibadan.


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