ADVERTISEMENT
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here
  • Login
National Insight News
Advertisement
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
National Insight
No Result
View All Result
Home Featured

Oyo Assembly to Probe Delayed Awe Silo Project Amid Alleged Breach of Contract

by NationalInsight
March 4, 2025
in Featured, News
Reading Time: 1min read
0
Oyo Assembly Vow to  Curb Misappropriation of Funds,  Mismanagement in LGAs and LCDAs

Oyo Assembly

1
SHARES
129
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp
ADVERTISEMENT

The Oyo State House of Assembly has directed its Committee on Agriculture and Rural Development to launch an investigation into the delayed construction of a 10,000mt Silo at Awe road, Oyo, which was awarded to Messrs Rahvet Int’l Ltd in 2014.

The Speaker, Rt. Hon. Adebo Ogundoyin gave the directive on Tuesday when the house was receiving the report of the Committee.

The contract, valued at #1,294,076,000, was initially scheduled for completion within 10 months.

However, despite the contractor receiving #1,277,126,745, the project remains incomplete.

You might also like

Seven Dead in Helicopter Crash on India’s Pilgrimage Route

June 12 National Honour: Where Is Mashood Erubami? By Lekan Shobo Shobowale

NDLEA Nabs Iran-Bound Businessman with 53 Wraps of Cocaine in Port Harcourt

Load More

According to the contractor, the delay was caused by a breach of agreement by their banker, who failed to remit necessary funds to a Chinese company responsible for manufacturing the silo components.

The contractor also claimed that the issue is currently being litigated in court.

In an effort to rescue the project, Governor Seyi Makinde opted for an out-of-court settlement and approved a contract variation of #350,000,000 in November 2019.

The completion deadline was extended to May 22, 2021.

Despite this, the contractor reported that the necessary components had not arrived, and work had not commenced as of the committee’s visit.

The Speaker said, the House Committee on Agriculture will probe the matter, seeking to understand the causes of the delay and the alleged breach of contract.

He said, the investigation is aimed at ensuring that the project is completed efficiently and effectively, serving the best interests of the people of Oyo State.

ALSO READ  Explosion Kills 3 In Kogi Ahead Of Buhari Visit
Tags: Committee on Agriculture and Rural DevelopmentMessrs Rahvet Int'l Ltd in 2014.Oyo House of Assembly
Share4Tweet3Send
Previous Post

Hon. Lamiju Akala Applauds Tinubu for Approving Funds to Complete Oyo-Ogbomoso Road Project

Next Post

Oyo Gets New CP as PSC Appoints Six DIGs, Two CPs

NationalInsight

NationalInsight

Related Posts

Featured

Seven Dead in Helicopter Crash on India’s Pilgrimage Route

by NationalInsight
June 15, 2025
220
Featured

June 12 National Honour: Where Is Mashood Erubami? By Lekan Shobo Shobowale

by NationalInsight
June 15, 2025
216
Featured

NDLEA Nabs Iran-Bound Businessman with 53 Wraps of Cocaine in Port Harcourt

by NationalInsight
June 15, 2025
227
President Bola Tinubu
Featured

Some Takeaways From Tinubu’s Democracy Day Address By Taiwo Adisa

by NationalInsight
June 15, 2025
237
Featured

Tragedy Strikes as Groom, Friends Die in Auto Crash Moments Before Wedding in Bauchi

by NationalInsight
June 15, 2025
248
Next Post
#image_title

Oyo Gets New CP as PSC Appoints Six DIGs, Two CPs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Post

Seven Dead in Helicopter Crash on India’s Pilgrimage Route

June 15, 2025
220

June 12 National Honour: Where Is Mashood Erubami? By Lekan Shobo Shobowale

June 15, 2025
216

NDLEA Nabs Iran-Bound Businessman with 53 Wraps of Cocaine in Port Harcourt

June 15, 2025
227
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • Seven Dead in Helicopter Crash on India’s Pilgrimage Route
  • June 12 National Honour: Where Is Mashood Erubami? By Lekan Shobo Shobowale
  • NDLEA Nabs Iran-Bound Businessman with 53 Wraps of Cocaine in Port Harcourt

Copyright © 2020 National Insight News

No Result
View All Result
  • Politics
  • Entertainment
  • News
    • Business
    • Health
    • Tourism
  • Sports
  • Contact Us
  • Privacy Policy

Copyright © 2020 National Insight News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com