IBADAN, located in Oyo State. On July 2, 2025, the Oyo State Government granted a Certificate of Occupancy (C of O) for the Rayfield Gardens City Estate, situated in the Christopher Adebayo Alao-Akala GRA area of Wofun, Monatan, near Iwo Road in Ibadan. Prince Adelaja Adeoye, the President and CEO of Fendini Group, confirmed this development, calling it a significant achievement for the estate and its investors. “We are thrilled to share that our legal title documents have been issued by the state government to safeguard our investment, which has been in the works for some time now,” Adeoye stated to reporters. This accomplishment highlights the project’s safety and security, establishing it as a top investment choice for residents, subscribers, and investors. Rayfield Gardens City Estate, which commenced full development in 2023, is a collaborative project between the Fendini Group and the Oyo State Government, facilitated by the Oyo State Investment and Public-Private Partnership Agency (OYSIPA). The initiative plans to provide more than 400 housing units to meet the state’s housing demands. As noted by Adeoye, the estate has seen significant advancements, featuring electricity supply, paved roads, solar street lights, surrounding fencing, advanced CCTV systems, top-notch security services, effective drainage systems, and finished housing options from traditional to modern duplexes. “Our dedication to excellence, transparency, and delivering quality services to our residents is unwavering.” “The following action we will take is to start distributing title documents to our subscribers in line with our offer terms,” he stated. “We are grateful to our subscribers for having faith in us and supporting our vision from the beginning.” Adeoye thanked Governor Seyi Makinde for his visit to the estate in October 2024, where the Governor reviewed ongoing projects and praised the developer’s work. “The estate is rapidly emerging as the prime location for luxury homebuyers in Ibadan,” Adeoye remarked, noting that its peaceful surroundings and reliable electricity have drawn in early residents. Besides residential projects, the estate has already launched a shopping center, WestMead Mall, and is looking for more investors to enhance its commercial offerings. Future plans include a school, bank, hospital, hotel, and office building. Adeoye also commended Governor Makinde for making Oyo State a compelling choice for real estate investment, pointing to the administration’s commitment to sustainable development. “Oyo State is quickly becoming the favored investment hub in Nigeria and across Africa.”
