Makinde Re-awards Saki Township Road For N4.7Billion

Makinde Re-awards Saki Township Road For N4.7Billion
Makinde has re-award Saki township road.
News Rain gathered that the Executive Governor of Oyo State, Engr. Seyi Makinde has on Tuesday, announced re-awarded the contract for the construction of Saki Township Road  at the cost of Four Billion, Seven Hundred and Ninety-Six Million Naira (N4,796,000,000,).

Makinde Re-Award Saki Road. 

Makinde noted that the contract which was initially awarded at the cost of N8 billion by the immediate past administration of led by the late Senator Abiola Ajimobi, but the work has been practically  abandoned, leading to residents of the historic city and the traditional ruler, to make representations to Governor Seyi Makinde for a redemption of the stagnated project.
The development which was made known through a press  briefing held at the Governor’s office Press Center shortly after the State EXCO meeting, where the State Commissioner for Education, Science and Technology, Barr. Olasunkami Olaleye confirmed that the contract for the road was re-awarded to Messrs Peculiar Ultimate Concerns Ltd, under the Alternative Project Funding Approach, adding that it would be completed in 12 months.
Barr. Olakeye noted that the contract will be completed within twelve months. He stressed that the last administration awarded that contract for over N8 Billion, and above N3 Billion was paid but nothing much has been done on the job. It has even caused untold hardship to the people of Saki to the extent that the whole town complained that the contract should be re-awarded.
“Today, the EXCO re-awarded the Saki township road. The contract has been re-awarded to Messrs Peculiar Ultimate Concerns Ltd for the sum of N4,796,000,000, under the Alternative Project Funding Approach.
“Having examined the issue of the contract critically, the EXCO re-awarded it to another contractor that will complete it within twelve months,” Olaleye said.
Facebook Comments