JUST IN…FEC APROVES N95.8b FOR ADO-IKERE ROAD

By Gbenga Ojikutu

In what appears a reprieve for commuters plying the failed Ado/Akure road, the Federal Executive Council (FEC) has approved a whopping N95.8 billion for the road linking the two south West States.

The FEC during its weekly meeting has approved the sum for the dualization of Akure/Ita Ogbolu-Iju/Ado Ekiti road, linking Ekiti and Ondo states.

The Minister of State for Works and Housing, Umar El-Yakub, stated this at the end of the council meeting chaired by President Muhammadu Buhari on Wednesday in Abuja.

According to him, the first section of the road project on the Ondo side was awarded to two construction companies at the cost of N46.6 billion.

He said that the remaining balance of N49.2 billion would be expended on the second section of the project from the Ekiti State border.

”The Ministry of Works and Housing presented a memo for the consideration and approval of Council.

”This is for the award of contract for the dualization of the Akure/Ita Ogbolu –Iju/Ado Ekiti state border, on the Ondo State side in favour of Messrs Samchez Nigeria Limited and Messrs Horizon Construction Company Limited, in the sum of N46,684,481,745.44, with a completion period of 24 months.

”The section two of that road was awarded to Messrs Kopek Construction Limited at the cost of N49,295,088,593.98, with a completion period of 30 months.

”So, one is doing it from the Ekiti State border and the other one is on the Ondo State side. That’s the two sections of the contract was awarded.”
Governor Biodun Oyebanji the Ekiti State Governor upon assumption of office has made spirited efforts meeting critical stakeholders at Federal government level on the rehabilitation of the failed road.

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