Oyo State Governor, Seyi Makinde has approved a sum of N12.5 Billion Naira for the reconstruction, rehabilitation and dualisation of 35.6km Iwo Road Interchange-Olodo-Lalupon-Odo Oba Road.
The contract covers the Oyo State end of the Oyo-Osun boundary linking Ibadan in Oyo State to Iwo, Osun State.
This Commissioner for Public Works, Infrastructure and Transport, Professor Dahud Kehinde Sangodoyin, disclosed this to newsmen shortly after the state executive council meeting presided over by the governor.
He disclosed that the project is expected to be completed within 18 months adding that the two state governments of Oyo and Osun will flag off the project very soon.
According to him, today, we held the 9th of the Oyo State Executive Council meeting and at the meeting, we approved the reconstruction, rehabilitation and dualisation of the 35.6km road that links the Iwo road interchange to Olodo Bank to Lalupon to Odo-Oba Bridge, which is a boundary between Oyo State and Osun states.
“The road project is subdivided into three parts. The first is the 7.7km from Iwo Road interchange to Olodo Bridge. “Also, we will extend the bridge to about 24 metres wide and 12 metres long.
“On the second tranche, we also want to dualise the 500 metres from the bridge to Ogunmarako Junction and thereafter, we will do a 27.33km from Ogunmarako to Odo-Oba Bridge at the other end of Oyo and Osun boundary.
“We are going to do the reconstruction and rehabilitation of the bridge there and the contract sum is N12, 560,920,000 for duration of 18 months. It was awarded to Messrs Peculiar Ultimate Concerns Limited.”
The council also approved the restoration, modernisation and maintenance of street lights at 10 strategic junctions across Oyo State at the sum of N247 million, through Alternative Funding Project Approach.
This was revealed by the Commissioner for Energy and Mineral Resources, Barr. Seun Asamu.
According to him, the Executive Council approved the project for the restoration, modernisation and maintenance of traffic lights at designated junctions, using the Alternative Funding Approach.
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