By Sesi Noah The Oyo State Government has approved new road and infrastructure projects worth over ₦113 billion. The projects will be funde...
By Sesi Noah
The Oyo State Government has approved new road and infrastructure projects worth over ₦113 billion. The projects will be funded from the ₦300 billion loan recently cleared by the State House of Assembly.
The approvals were given during Tuesday’s State Executive Council meeting, held at the Governor’s Office in Agodi, Ibadan. Speaking with journalists after the meeting, Commissioner for Works and Public Transport, Mojeed Mogbonjubola, said the projects include both new constructions and ongoing works across the state.
According to him, some of the major projects include:
Ojoo Interchange–IITA–Moniya Junction (13.6km) asphaltic reconstruction/rehabilitation, costing ₦63.6bn.
Road markings, kerbs painting, and patching on selected roads in Ibadan, at ₦444.7m.
Dualisation of Ajia Junction to NAF Base Road (6.2km) at ₦17.1bn.
Reconstruction of Okaka Junction–Otu Igbojaye–KAP Village Road (30km) including bridges over Otu and Ofiki Rivers, at ₦26.4bn.
Expansion of Apete–Awotan–Akufo Road (12km) and rigid pavement on Akufo Farm Settlement Road (2.2km) at ₦1.9bn.
Planting of economic trees along 32km Rashidi Ladoja Circular Road (Phase 1), costing ₦108m.
In addition, the Council approved ₦110m to host and camp Nigeria’s U-20 women’s football team in Ibadan ahead of their World Cup qualifier against Rwanda.
Mogbonjubola assured that all approved projects will be completed within 12–18 months, noting they are aimed at boosting socio-economic development in the state.
Commissioner for Lands, Housing and Urban Development, Akin-Funmilayo Williams, added that 35,000 tree seedlings will also be planted around the Tech-U Junction–Badeku axis of the Ibadan Circular Road to improve the environment and enhance road aesthetics.
On the controversial ₦300bn loan, Mogbonjubola clarified that it is not an entirely new loan. Part of it will refinance an existing, costlier loan to ease repayment, while the balance will fund the newly approved projects.
Photo credit: The Nations Newspaper
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