FEC approves N95.8 billion for Akure-Ado road
By SUMAYYAH ADEFAKA
The Federal Executive Council (FEC) has approved N95.8 billion for dualization of the Akure/Ita Ogbolu-Iju/Ado Ekiti road, linking Ekiti and Ondo states.
The Minister of State for Works and Housing Umar El-Yakub disclosed this after the FEC meeting chaired by President Muhammadu Buhari on Wednesday, March 29.
El-Yaqub revealed that the first section of the road project on the Ondo side was awarded to two construction companies at the cost of N46.6 billion, adding that the remaining N49.2 billion would be used for the second section of the project from the Ekiti State border.
”The Ministry of Works and Housing presented a memo for the consideration and approval of Council. This is for the award of contract for the dualization of the Akure/Ita Ogbolu–Iju/Ado Ekiti state border, on the Ondo State side in favour of Messrs Samchez Nigeria Limited and Messrs Horizon Construction Company Limited, in the sum of N46,684,481,745.44, with a completion period of 24 months.
”The section two of that road was awarded to Messrs Kopek Construction Limited at the cost of N49,295,088,593.98, with a completion period of 30 months.
”So, one is doing it from the Ekiti State border and the other one is on the Ondo State side. That’s the two sections of the contract was awarded.”
The road has been the subject of discussions in the past years between the Federal Government and the two state governments.
