The Oyo State Government has approved the reconstruction of Ibadan-Eleyele Junction-Akufo Junction–Eruwa road at the cost of N10, 396,614,557.49.
The Commissioner for Information, Mr. Toye Arulogun, who made these disclosures in a statement, explained that the executive council of the state gave the approval at its last meeting.
He disclosed that the reconstruction of the 58km road would be executed in sections.
The commissioner noted that section A of the road that covers Eleyele junction-Akufo junction which is 10km would cost N3, 711,505,235.61 while section B, the 48km Akufo Junction to Eruwa would cost N6, 685,109,321.88, adding that the project, which will be funded by the Federal Government infrastructural development loan and internal generated revenue, would be handled by Messrs. Chinese Global Development and Construction Company.
The government spokesman explained that infrastructure is one of the key projects of the administration. He stressed that the government would continue to provide physical and social infrastructure to empower the citizenry for productive engagement in their preferred but legitimate economic endeavours.
“Government is committed to the continued provision and maintenance of a functional network of roads that will enhance socio-economic growth throughout the State.
Government successfully constructed and rehabilitated many roads in the past and we will continue to do so,” he stressed.