The Minister of
Works, Arc. Mike Onolememen, has stated the Federal Government's resolve to rehabilitate
Akure – Ilesha road and deliver it to Nigerians in 21 months. The
Minister made this statement while flagging – off rehabilitation works on the road over the weekend in Akure.Arc.
MikeOnolememen who was represented by Director Highways, Permanent Secretary's
Office,
Engr. Yemi Oguntominiyi, remarked that the Akure – Ilesha alignment which forms part of the link road between the South West and South East Geopolitical Zones of the country, will considerably reduce travel time of commuters, traffic fatalities, vehicle operating cost as well as promote employment generation and
transportation of rural communities and goods on the alignment.
The Minister also noted that the project, which is being handled by Messrs Kopek Construction Limited, will be completed and delivered within 21 months from the day of flag – off.
The project is funded to the tune of 90% by the World Bank and 10% by the Federal Government. This is borne out of the
understanding that since governments around the globe cannot single handedly meet the huge infrastructure deficit of nations by relying on public purse, it becomes apparent for governments to partner-with -multilateral and private sector financiers in order to meet up with demands of citizens.
Earlier, the Executive Governor of Ondo State, His Excellency Dr. Olusegun Mimiko represented by the Commissioner for Works, Engr. Gboye Adegbenro, had noted that though the road was long overdue for rehabilitation, but thanked the Federal Government for innovatively placing the rehabilitation under a very reassuring funding source that will ensure completion within specified period of 21 months.TheDirector, Road Sector Development Team (RSDT), Engr. Ishaq Mohammed, promised to supervise, monitor and ensure the delivery of the road within the 21 months. Also present at the flag-off was Senator Iyiola Omisore, Hon. Jibola Famurewa and other elder statesmen.
Engr. Yemi Oguntominiyi, remarked that the Akure – Ilesha alignment which forms part of the link road between the South West and South East Geopolitical Zones of the country, will considerably reduce travel time of commuters, traffic fatalities, vehicle operating cost as well as promote employment generation and
transportation of rural communities and goods on the alignment.
The Minister also noted that the project, which is being handled by Messrs Kopek Construction Limited, will be completed and delivered within 21 months from the day of flag – off.
The project is funded to the tune of 90% by the World Bank and 10% by the Federal Government. This is borne out of the
understanding that since governments around the globe cannot single handedly meet the huge infrastructure deficit of nations by relying on public purse, it becomes apparent for governments to partner-with -multilateral and private sector financiers in order to meet up with demands of citizens.
Earlier, the Executive Governor of Ondo State, His Excellency Dr. Olusegun Mimiko represented by the Commissioner for Works, Engr. Gboye Adegbenro, had noted that though the road was long overdue for rehabilitation, but thanked the Federal Government for innovatively placing the rehabilitation under a very reassuring funding source that will ensure completion within specified period of 21 months.TheDirector, Road Sector Development Team (RSDT), Engr. Ishaq Mohammed, promised to supervise, monitor and ensure the delivery of the road within the 21 months. Also present at the flag-off was Senator Iyiola Omisore, Hon. Jibola Famurewa and other elder statesmen.
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