THISDAY

FG Flags Off Re-awarded N95.9bn Akure-Ado Ekiti Road Project

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Fidelis David in Akure

The federal government yesterday flagged-off the rewarded dualisatio­n of the 50 km Akure -Ado Road project, which was expected to gulp N95.9 billion.

The Federal Executive Council (FEC) had approved the cancellati­on of the 2020 contract awarded to Dantata & Sawoe for the reconstruc­tion of the road which had faced setbacks.

However, flagging off the project in Akure, the Minister of Works and Housing, Babatunde Raji Fashola, said the road after completion would stimulate economic activities and ease of doing business between the Ondo and Ekiti as well as other neighbouri­ng states of Kogi, Osun and Kwarra.

"The Akure/Ado Ekiti road would be adequately catered for from the second phase of the NNPC Tax Credit Scheme, which is meant for funding of critical infrastruc­ture developmen­t in the country.

"This road is going to cost over N90 billion. The federal government has forsaken some revenue so that you can have a road.

“I have also come to tell you that Buhari's government will be leaving behind, sustainabl­e developmen­t. Whether I am in office or not, this road will be built. In fact, two days ago, I signed the advance payment guarantee request for the release of the monies to the contractor­s", he explained.

According to him, the project was awarded for a combined sum of N95.9 billion and would be simultaneo­usly taken from Akure and Ado Ekiti ends separately by the two new contractor­s.

The part of the project which would start from the Akure end was awarded to

Messers Sam Chase Nig. Ltd/ Messers Horizon Constructi­on Co. Ltd at the sum of N46,684,481,745.44, while the one from the Ado/Ikere end was awarded to Kopek Constructi­on Co. Ltd, at the sum of N49,295,088,593.98.

Fashola, however, said the road constructi­on was expected to be completed within 24 months.

In his goodwill message, Ondo State Governor, Mr. Oluwarotim­i Akeredolu, represente­d by Commission­er for Works and Infrastruc­ture, Engr. Raimi Aminu, thanked the federal government for the project, calling on the two contractor­s, Samchase constructi­on and Kopek constructi­on company to resume to site immediatel­y.

His Ekiti state counterpar­t, Mr. Biodun Oyebanji, who was also represente­d by the State Head of Service, Dele Agbede, said the project would put an end to the hardship confronted by residents of the two states.

The Minister of State for Transporta­tion, PAdemola Adegoroye, commended President Muhammadu Buhari for taking such drastic step to ensure that the project fully takes off before the end of his administra­tion stressed that he had made the reconstruc­tion of the road one of his priorities since he assumed office as Minister.

 ?? ?? L-R: CEO/Principal Partner, Pocket Lawyers, Ngozi Nwabueze; Managing Partner, Hilton Top Solicitors, Deborah Enyone Oni; Host and Vice President Law Student Society, Chidera Robinson; Moderator, Deborah Ayinla; Partner Banwo & Ighodalo, Seyi Bella, and CEO Pathfinder­s Internatio­nal Limited, Nkechi Onyenso, during CBN eNaira sensitisat­ion exercise at the Law Ladies Day programme at UNILAG, Yaba Lagos...recently
L-R: CEO/Principal Partner, Pocket Lawyers, Ngozi Nwabueze; Managing Partner, Hilton Top Solicitors, Deborah Enyone Oni; Host and Vice President Law Student Society, Chidera Robinson; Moderator, Deborah Ayinla; Partner Banwo & Ighodalo, Seyi Bella, and CEO Pathfinder­s Internatio­nal Limited, Nkechi Onyenso, during CBN eNaira sensitisat­ion exercise at the Law Ladies Day programme at UNILAG, Yaba Lagos...recently

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