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CBN House Of Horror: Multi-billion Naira Property Turns Hideout for Hoodlums, Rapists and Wild Animals in Ibadan.



*Community Cries Out for help.

These properties were built with public funds. Today, most Federal Government Properties in Nigeria are either abandoned or underused. These national statues are now in ruins and threats to security. Some of these abandoned properties have been hijacked by weeds, rodents, wild animals and reptiles, while also serves as abodes for hoodlums, miscreants, armed robbers, kidnappers and the likes, this is exactly the true picture of the Central Bank of Nigeria property at Owode Estate, Apata, Ibadan, in Ido Local Government Area of Oyo State.

The multi-billion naira property in question owned by the Central Bank of Nigeria has been abandoned for over two decades. Mega Icon Magazine investigations revealed that the property was designed and aimed at providing housing scheme to the staff of CBN. It was also established that the speedily completed Quarters had never accommodated any occupant, even for once, up till date.

Visit to this abandoned, neglected site shows the parlous, pathetic and deplorable situation of the property that could have accommodated an estimated figure of about 10,000 people conveniently.

subsequent to the total neglect and insensitivity of the Federal Government, the property now poses great security risks to residents of the community.

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Speaking with one of the community leaders, Deacon Idowu Aladejobi expresses his displeasure about this ugly situation. Aladejobi further stated that the abandoned property has constituted security risks to the community, “we discovered that CBN normally come to the site to burn their refuse (currencies) almost on a daily basis, which is an environmental hazard and injurious to the community.

He stated that the property has also been turned in to a safe haven by rapists who hide in the bushy environment to lure and rape their daughters with reckless abandonment.


Abandoned CBN Quarters housing decayed buildings at Owode Estate, Ibadan.


According to him, men of the underworld also use the abandoned property as hideout to strategize and plan on how to carry out their evil operations, “they always come out of the place to attack and rob the community, this is very dishearten”, he lamented.

Though, one would bewildered with the ease at which CBN abandons its assets to decay still baffles many, other people perceive the problem as misapplied, misconceived, wrongly executed policies and absence of complete honesty in the management.

Stressing further , Aladejobi said the community has taken bold steps by writing the CBN consistently, both the Ibadan Branch and Headquarters in Abuja to curtail this malady.

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“ Even former governors of the Bank, Professor Soludo and Mr. Sanusi also came to inspect the property, we thought when they came, they would be able to address the issue, but unfortunately, it is to no avail”, he decried.

He advised the CBN to investigate and appraise the matter, probably release the property to the Local Government, State Government or better still, sell to private individuals, so as to meet other community needs and serve the people.

In a related development, a former President of the Association, Pa. Lawrence Abayomi Kupoluyi make plain the rich history of the abandoned CBN property that should have make the deserted project stand out as a national monument or major source of revenue, but suffers neglect or underutilization.

Kupoluyi in his reaction said that the community had taken several steps to ensure that the place is turned to a useful legacy, “we had written letters to CBN and Housing Corporation on this issue, yet nothing has been done, it is inhuman, our hope is dashed as the residents suffer neglect, we have been dehumanized”, he lamented.

Access road leading to the abandoned property.

Mega Icon Magazine learnt  that the abandoned property has been turned to a game reserve where wild  animals, including python dwell while corpses are buried at the place since there is nobody to challenge those people who have turned the place into a grave yard.

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“A former Nigerian diplomat son, Ambassador Maiyaki was brutally attacked in the Estate by hoodlums who use the site as a hideout and since then, the man had never returned to Nigeria, he is psychologically affected”, another aggrieved resident declared.

Mega Icon Magazine  checks further unearthed that different investors had approached the CBN, including Universities, but they never responded.

The leaders, however called on the Oyo State Government and relevant authorities to come to their rescue and save the community before it is too late.


By Idowu Ayodele.



Oyo govt. calls on DPR to sanction marketers hoarding petrol



Oyo state government has asked the Department of Petroleum Resources (DPR) to start monitoring filling stations in the state and sanction marketers found hoarding the product.

The State Commissioner for Works and Transport, Prof. Daud Sangodoyin made the call on Monday while featuring on a private radio station in Ibadan.

Sangodoyin said the scarcity of fuel that started on Sunday was artificial as there was no reason for most of the marketers not to sell to the people.

Most filling stations in Ibadan, the Oyo state capital were not selling fuel to motorists while those selling experienced long queues which also contributed to traffic gridlock in some parts of the metropolis.

“As government, we are doing all we can to make life easy for the people of Oyo State and this is reflected in the number of infrastructural projects around the State, for some people to be creating artificial scarcity of fuel for pecuniary reasons is wrong and inhuman.

“The Department of Petroleum Resources should as a matter of urgency swing into action and arrest the situation, they have the work of monitoring cut out for them and this is the moment to bring those marketers sabotaging government’s effort by hoarding products to book,” the Commissioner submitted.

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Imo: Gov. Uzodinma makes case for FCC, sponsors 4-day retreat



Governor of Imo State, Senator Hope Uzodinma has canvassed for the strengthening of the laws establishing the Federal Character Commission  (FCC) to enable it perform its functions effectively.

Governor Uzodinma registered his position at a banquet the Imo state government hosted in honoured of the Executive Chairman and Commissioners of the Federal Character Commission (FCC) who were in the State for a retreat last week at the Government House, Owerri.

According to the Governor, the philosophy behind the establishment of the Federal Character Commission (FCC) was well thought out development, adding that to a great extent the Commission has assisted in efforts made at the unification of the country.

He noted that at this very trying moment of the country, the Commission needed to bring its functions to play to douse the tention giving assurance to the citizenry of a sense of belonging.

Senator Uzodinma stressed that it was in recognition of the great role of the Commission that the Imo State government opted to sponsor the retreat.

He admonished members to work together in harmony to enable the Commission deliver on its mandate.

In her remarks, the Executive Chairman, Federal Character Commission (FCC), Dr Muheeba Dankaka thanked the Governor and Imo State government for accepting to host the retreat. She said the out come of the  retreat will go a long way in assisting the Commission in its assignment.

The FCC boss, however called on state governors to also come to the aid of the Commission, particularly by assisting the State offices to function effectively.

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Oyo: Kidnapped UI student regains freedom



Victim of Monday’s kidnap attack at a  poultry farm in Oke Odan, Apete area of Ibadan, Oyo capital, Emmanuel Odetunde has been released.

It will be recalled that Odetunde was abducted around 5 pm on Monday while working at his father’s poultry. The abductors also demanded a ransom of N100m for his release.

Mega Icon Magazine, however learnt that the victim , a student of the University of Ibadan (UI) was released at 7:15pm Thursday .


In a tweet obtained by our reporter, via his Twitter handle @dr_emmay thanked friends, family and well wishers  for their prayers.

He also did not disclosed whether any ransom was paid or not.

“I was released at 7:15pm today. I am currently with my family.

“Thanks for the prayers. I appreciate @, Odetunde tweeted.

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