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.
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).
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.