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Reading: Adeleke unveils N100bn infrastructure fund, to construct five flyovers
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BrainBoxNews - Breaking News - Nigeria News - Entertainment News > Blog > Latest News > Adeleke unveils N100bn infrastructure fund, to construct five flyovers
Latest News

Adeleke unveils N100bn infrastructure fund, to construct five flyovers

Brainbox
Last updated: 2023/10/27 at 7:02 PM
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3 Min Read
Ademola Adeleke
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Osun State Governor, Ademola Adeleke, has disclosed plans by his administration to construct five flyovers to ease traffic across the state within the next one year.

The governor also said 45 roads across the 30 local government areas in the state have been selected for construction in the N100 billion infrastructure development plan for the state.

Unveiling other projects selected for execution by the administration, Adeleke who spoke in Osogbo on Friday, said the projects would be financed solely by the government without borrowing from financial institutions.

The governor, who also said the project execution would be done with the preference for local suppliers of materials and contractors, further explained that two flyovers would be constructed in Osogbo, one in Ile-Ife, one in Owode-Ede and one Ikirun in town.

Other projects listed, include the rehabilitation of 345 health centers in the 332 Wards of Osun State, phase two of portable water provision in 332 wards of Osun State, and phase two of the rehabilitation of 31 schools in the 30 mother local governments of Osun State.

Also listed are; the dualisation of roads in Osogbo, Ede, and Ilesa.

The governor who warned hoodlums against extorting money from contractors that would handle the projects, further said “We are getting set to key into infra financing opportunities as long as it will not add to the financial burden of the state.

“Let me declare here that the infra plan I am about to unveil is purely state-sponsored without any loan from financial institutions. I must also add that we are hitting the ground running immediately after this launch. We are complying with all procurement laws and due process.

“Very importantly, our administration is ensuring localisation in the implementation process. Local content in terms of sourcing of materials and workforce are key to transfer skills and economically empower our people.”

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TAGGED: Adeleke, construct, flyovers, fund, infrastructure, N100bn, unveils
Brainbox October 27, 2023
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