• Wed. Jan 19th, 2022

Why Oyetola Approves N3.6billion for Roads in Ife and Ikire Townships

Dec 1, 2021

Adegboyega Oyetola, the Governor of Osun State, has authorized a N3.6 billion budget for the renovation and reconstruction of township roads in Ile-Ife and Ikire.

The road reconstruction was agreed at the State Executive Council meeting on Monday, according to a statement published by the Commissioner for Information and Civic Orientation, Mrs Funke Egbemode.

It further stated that after a thorough procurement procedure by the Osun Public Procurement Agency, a total of N3,628,024,923.76 has been committed to the project, which would be carried out using the Alternative Project Funding Approach.

“The restoration of Ikire township roads was given at a well-negotiated price of One Billion, One Hundred Million, Four Hundred and Eighteen Thousand, Four Hundred and Sixty-Nine Thousand, Four Hundred and Sixty-Nine Naira, Forty-Seven kobo only,” it stated (N1,100,418,479.47).

“Selected Ile-Ife township roads were granted at a well-negotiated price of two billion, five hundred and twenty-seven million, six hundred and sixty-four thousand, four hundred and fifty-four naira, twenty-nine kobo only,” the statement said (N 2,527,606,454.29).

All mandatory deductions are included in the figures given.

“In Ile-Ife, the selected township roads for reconstruction and rehabilitation are Ife/Ede Road-Oduduwa Estate WASCA Road 7 (OAU Campus Gate); Road 7; Mukoro/Itagun Modi Road-Oke Isokun-Ilode Ifewara Road; Itaasin-Ita-Agbon-Aderemi Road; Mukoro-Itagun Road with link to Olubukun; and spot rehabilitation of

“Sango roundabout–Iyana Onimalu along Ikire-Odeyinka road; Sango roundabout – Obada, Ikire; Unity School – Sango roundabout, Ikire; and Orita Onimalu – GT Hotel Agala Junction Off Ikire – Odeyinka road, Ikire are among the township roads selected for repair and restoration in Ikire.”

It was also revealed that Messrs Slavabogu Nigeria Limited will be in charge of the restoration of Ikire township roads, while Messrs Dejide Investments Limited will be in charge of the rehabilitation of selected Ile-Ife township roads.

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