Oyo State Governor, ‘Seyi Makinde has awarded the approved reconstruction, rehabilitation and dualisation of the 35.6km Iwo Road Interchange-Olodo-Lalupon-Odo Oba Road to Peculiar Ultimate Concerns Limited for a total cost of N12.5 billion.
The contract covers from the Oyo State end of the Oyo-Osun boundary linking Ibadan in Oyo State to Iwo, Osun State.
Commissioner for Public Works, Infrastructure and Transport, Dahud Kehinde Sangodoyin, disclosed after the Tuesday’s state executive council meeting presided by the governor.
Sangodoyin noted that the two state governments of Oyo and Osun will soon flag off the project that is to be completed in 18 months.
“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, the bridge will be extended to about 24 metres wide and 12 metres long.
On the second tranche, 500 metres will be dualised from the bridge to Ogunmarako Junction and thereafter, 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 at a contract sum of N12, 560,920,000 for duration of 18 months. It was awarded to Messrs Peculiar Ultimate Concerns Limited.
The council also approved the restoration, modernization and maintenance of street lights at 10 strategic junctions across Oyo State at the sum of N247 million, through Alternative Funding Project Approach according to the Commissioner for Energy and Mineral Resources, 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.
He said: “We intend to begin with 10 junctions, namely Adamasingba, Salvation Army junction; Queen Elizabeth-Secretariat junction; NTA-Government House junction; Oba Akinbiyi-Premier junction; Secretariat-Bodija market junction and Awolowo-Sango-Mokola-Elewure junction in Ibadan.
“Also, we have the Sango-Isaletaba-Ajegunle junction in Saki and the Owode junction in Oyo. These were approved for immediate implementation once the administrative process has been completed.”