Abstract: There has been an increasing concern for the environment in many developing countries in the last half century as a result of the unplanned urbanization experienced by their cities and towns. Often times, big projects such as educational institutions, housing, scheme and industrial establishments are located at the periphery of the towns and cities without recourse to the master plan. This has been responsible for the extensive conversion of agricultural land into other uses, development of squatter settlements and over stretching of existing infrastructure among others. This study reports the (urbanization) effects of the establishment of the Federal University of Technology, Akure on ABA-OYO; a peri-urban farming village in Akure. The study utilizes the historical exploration approach to present the situation in the village and its immediate locality before the establishment of the Federal University of Technology, Akure. However, primary data were obtained through the use of a set of questionnaires designed in obtaining information from 125 randomly selected household-heads living in ABA-OYO. The findings among others revealed that initially, there was a change in the cultivation of cash crops to meet the food needs of the University Students and staff, rapid change of agricultural land to residential land use, peaceful eviction of the migrant tenant farmers to Aule village (another neighbouring village), overstretching of the inadequate infrastructural facilities and continuous threat to security of lives and property. In spite of the shortcomings, the residents still perceived positively the influence of the Federal University of Technology, Akure on the growth of Aba-Oyo. Finally, the study among others recommended the collaborating efforts between the University Authority and the Landlords` Association at curbing the unruling behaviour of FUTA students that resided in Aba-Oyo.