…to present bills on consumption tax, Information Tech Institute to State Assembly
The Government of Oyo State has approved the award of the contract for the construction of 34.85 km Oyo-Iseyin Road; Isaba-Ogundoyin road, Eruwa and BCJ/Railway Crossing/NIHORT Roads.
A statement by Mr. Taiwo Adisa, the Chief Press Secretary to Governor ‘Seyi Makinde, explained that the Oyo-Iseyin Road is a Federal Road being constructed by the State in veiw of its strategic importance to the economic expansion plans of the Makinde administration.
According to the statement, the Oyo-Iseyin road, awarded to Messrs Kopek Construction Limited, at the cost of N8.4 billion, will be executed through the Alternative Project Funding Approach (APFA).
The state government also approved the construction of a 500,000 litre aviation fuel facility at the Ibadan Airport as well as the construction of Isaba-Ogundoyin road in Eruwa.
It also approved the rehabilitation/sectional overlay of BCJ-Railway crossing/Up Jesus junction/Baptist Grammar School junction/NIHORT junction, with spur to ‘Ye Are The Light Church’ Road, Ibadan.
According to the statement, the council approved a 12 month completion period for the Oyo-Iseyin road.
The BCJ/Railway Crossing road, which was awarded to Messrs Still Earth Nigeria Limited at the cost of N888.9 million is also to be completed within seven months.
Similarly, the Isaba/Ogundoyin road, Eruwa, which was awarded at the sum of N684.1 million is expected to be completed within seven months, while the repayment under APFA will be effected in 12 months.
The statement also confirmed the approval of the construction of an aviation fuel facility at the Ibadan Airport at the cost of N1.2 billion.
The facility will enable airlines use Ibadan as their operational base, while also ensuring that the airport serves as an immediate alternative to the Lagos Airport in case of weather or other forms of challenges.
The Council equally approved two bills for onward transmission to the State House of Assembly.
The bills include the Oyo State Institute of Information Technology, Communication and Entrepreneurship Studies Law 2021 and the Hotel Occupancy and Restaurant Consumption Tax Law 2021.
