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Makinde Approves N8.7bn for Rehabilitation of 45.3km Saki- Igboho Road

by NationalInsight
October 14, 2020
in Featured, News
Reading Time: 1min read
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Oyo Govt. Pays 3,783 Retirees #8Billion As Gratuity By October 

Oyo state Governor Seyi Makinde

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The Oyo state executive council chaired by the executive governor of Oyo state, Engr Seyi Makinde, has approved the rehabilitation of 45.3 kilometres Saki to  Igboho road.

Commissioner for Agriculture and Rural Development, Mr  Jacob Ojekunle disclosed this  on Wednesday while addressing governor’s office correspondents following the decision of the 28th state executive council meeting.

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Hon. Ojemuyiwa explained that the total sum of N8.7 billion, (eight billion seven hundred million four hundred and fifty six thousand naira) for the project.

He noted that the project which is to be executed through Alternative Project Funding Approach (APFA) has been contracted to Messer CCECC (China Civil Engineering Construction Corporation).

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The Commissioner also  explained that the contractor which is expected to be complete to complete the project within eighteen months will be mobilized with 20% of the total contract sum by the state government.

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ALSO READ  Oyo NUJ Applauds Gov Makinde for Appointing erstwhile 2 Union Secretaries as Permanent Secretaries
Tags: Alternative Project Funding Approach (APFA)China Civil Engineering Construction CorporationGovernor Seyi MakindeMr  Jacob OjekunleSaki- Igboho RoadSeyi Makinde
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