Bounce News has again scored a first.

Few weeks after it exclusively broke the news of  the planned demolition of structures in Oshodi, the report has come to reality.

The Lagos State government on Monday commenced the demolition of structures in the area.

The structures fell to the mega-city dream of Governor Akinwunmi Ambode.

The demolition paves way for the construction of the 10-lane Oshodi-Murtala Muhammed International Airport Road.

Several buildings including shops, offices and stalls, among others, were demolished.

Also affected were eight banks. They are Heritage, Fidelity, Union, UBA, Zenith, Access, Diamond and Stanbic IBTC.

The bulldozers flanked by a battery of gun-totting mobile policemen roared into the area, and within a few hours, demolished over 30 houses, destroyed property worth millions of naira and multiplied the number of Internally Displaced Persons (IDPs) in the country.

Buildings standing in the right of way of the proposed road were marked for demolition six months ago while property owners received notifications three months ago.

However, hundreds of property owners were caught napping on Monday when bulldozers began pulling down the structures.

Many of the shop owners were seen trying to salvage some of their property and goods from the rubble.

Officials of some banks including Stanbic IBTC and Union Bank moved their equipment and documents to waiting trucks stationed outside their buildings.

Both banks including Heritage Bank would not been operating in the area at least for now.

While Union Bank has directed its customers to visit its nearest branch in Ilupeju, Stanbic IBTC and Heraitage have emptied all the items in their buildigs.

Our reporter on ground observed that despite the development the road will bring to the area, the people affected are not happy with the demolitions that took place.

Some of those who spoke with our correspondent expressed reservation and shock.

Persons suspected to be area boys and scavengers capitalized on the demolition to engage in brisk business by removing and selling some irons and other building parts at give-away prices.

Tuesday's demolition comes about 40 days after the state government embarked on a similar exercise in Agege area.

The government is constructing a fly over bridge in Pen Cinema to ease traffic overflow.

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