Osun State Governor, Adegboyega Oyetola, on Wednesday approved the sun of N3.6 billion for the construction and rehabilitation of selected township roads in Ikire and Ile-Ife.
A statement by the Commissioner for Information and Civic Orientation, Mrs Funke Egbemode,said the decision was taken at the State Executive Council meeting on Monday.
“Osun State Government has said committed the sum of N 3,628,024,923.76 to the project after a detailed procurement process by the Osun Public Procurement Agency. The project will be executed through Alternative-Project-Funding-Approach.
“The rehabilitation of Ikire township roads were awarded at a well-negotiated price N1,100,418,479.47. The rehabilitation of selected townshqip roads in Ile Ife was awarded at a well-negotiated price of N2,527,606,454.29. The quoted sums are inclusive of all statutory deductions,” the commissioner said.
Egbemode noted that the selected township roads for reconstruction and rehabilitation in Ile Ife include Ife/Ede Road-Oduduwa Estate WASCA Road 7 (OAU Campus Gate); Road 7; Mukoro/Itagun Modi Road-Oke Isokun-Ilode Ifewara Road; Itaasin-Ita Agbon-Aderemi Road; Mukoro-Itagun Road with link to Olubukun; and spot rehabilitation of O.A.U. Ile Ife – OAUTH Ile Ife link road.
The selected township roads for reconstruction and rehabilitation in Ikire include Sango roundabout–Iyana Onimalu, along Ikire- Odeyinka road; Sango roundabout–Obada. Sango roundabout– palace junction; Unity School-Sango roundabout; and Orita Onimalu-GT Hotel, jgala Junction, off Ikire–Odeyinka road.
According to the commissioner, the rehabilitation of Ikire township roads will be undertaken by Messrs Slavabogu Nigeria Limited, while the rehabilitation of the selected Ile Ife township roads will be undertaken by Messrs Dejide Investments Limited.