The contract for the reconstruction of the Ifaki–Esure–Ilomu–Eyio–Awo–Igede Ekiti Road has been awarded by the Ekiti State Government at a contract sum of #15.181bn.
Taiwo Olatunbosun, the state Commissioner for Information disclosed that the Ekiti State Executive Council granted the approval of the contract to CCECC Nigeria Limited.
The disclosure was made in a statement released to journalists on Sunday in Ado-Ekiti.
“At the SEC meeting, there was approval of ₦15.182bn for the reconstruction of the Ifaki–Esure–Ilomu–Eyio–Awo–Igede Ekiti Road.
“The decision reflects the Governor Biodun Oyebanji administration’s sustained commitment to improving transportation infrastructure across the state.
“It is aimed at easing vehicular movement, opening up adjoining communities and boosting socio-economic activities within the corridor.
“The contract for the full reconstruction of the road was approved to be awarded to Messrs CCECC Nig. Limited, with payment of 60 per cent of the contract sum as mobilisation fee upon the submission of an Advance Payment Guarantee or Insurance Bond. The project is scheduled to be completed within 24 months.”
