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    Young Nigerians should drive positive change, not internet fraud – Olukoyede

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    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Nigeria: EFCC recovers  ₦1.233trn in 34 months under Olukoyede’s leadership

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    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

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    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

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    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

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    Nigeria: Alausa confirms move to expand medical training as TETFund plans world-class simulation centres across six geopolitical zones

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: A-Z of Ministry of Education’s initiative on Tertiary Institutions National Laureate Prize

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    University Press convenes 48th AGM in Ibadan, proposes dividend payment

    University Press convenes 48th AGM in Ibadan, proposes dividend payment

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa confirms move to expand medical training as TETFund plans world-class simulation centres across six geopolitical zones

    World Cancer Day: Female students advised to abstain from smoking, keep one partner to avoid Cervical Cancer

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    UN hails Gov AbdulRazaq’s strides on reproductive health, human capital devt.

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    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Nigeria: Olukoyede charges media managers on emerging technologies

    Dying for the Story: Nigeria’s Journalists, One Death Too Many and the Families Left Behind

    Dying for the Story: Nigeria’s Journalists, One Death Too Many and the Families Left Behind

    GOCOP mourns former President Dotun Oladipo

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    GOCOP mourns former President Dotun Oladipo

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    GOCOP mourns former President Dotun Oladipo

    Akpabio mourns Dotun Oladipo, diatribes him as courageous journalist

    GOCOP mourns former President Dotun Oladipo

    APC National Chairman mourns Dotun Oladipo, says Nigeria has lost a fearless media professional

    GOCOP mourns former President Dotun Oladipo

    Tinubu mourns notable journalist and publisher of The Eagle Online, Dotun Oladipo

    GOCOP mourns former President Dotun Oladipo

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    Tinubu urges NLNG board to convert gas flaring into economic benefit for Nigeria

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    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Why Tinubu appoints Yari, Uzodimma to lead APC Presidential Campaign Council

    As Police confirm 46 bodies recovered in Sokoto boat mishap, Speaker Abbas, mourns, calls for safety on waterways

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    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

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    EFCC, ICPC in joint investigation of NFF over alleged misuse of N12b

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    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu directs comprehensive football reform

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    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Nigeria: Speaker hails Team Nigeria for sterling outing at Commonwealth Games

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu congratulates Team Nigeria on outstanding performance at Commonwealth Games in Glasgow

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    Otedola’s interest in First HoldCo jumps to 26% as Calvados Global Services buys fresh 138m shares

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    Academy Press announces date, agenda for 62nd AGM

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    WorldStage’s report on Otedola’s widening grip on First HoldCo causes ripples beyond capital market, as AI Query raises financial-system-governance question

    WorldStage’s report on Otedola’s widening grip on First HoldCo causes ripples beyond capital market, as AI Query raises financial-system-governance question

    Concerns over First HoldCo as Otedola’s recurring corporate ventures’ patterns receive spotlight following Geregu Power’s N40b bond default

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    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    EFCC boss seeks whistleblowers on stolen assets abroad at Cambridge Symposium

    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Nigeria: EFCC recovers  ₦1.233trn in 34 months under Olukoyede’s leadership

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu begins three-week leave

    BPP dismisses alleged monetisation of Certificates of No Objection

    BPP hosts team to validate new performance management system

    Nigeria: National Assembly plans boost funding for primary healthcare

    SERAP, editors threaten legal action over unlawful foreign aid bill, call it blatant assault on civic space, media freedom

    AU, U.S. set up Strategic Infrastructure Investment Working Group

    Nigeria urges AU to boost financing for conflict resolution

    Nigeria re-enters FTSE Russell frontier market index

    GOCOP mourns former President Dotun Oladipo

    NUJ mourns Eagle Online Publisher, Dotun Oladipo

    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    Tinubu says national security remains bedrock of Nigeria’s economic ambitions 

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

    Davido set for induction into Black Music Walk Of Fame

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    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: FG tasks teachers on improved basic education

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: FG launches “Hire From Nigeria” Campaign  to open global jobs for youth

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa confirms move to expand medical training as TETFund plans world-class simulation centres across six geopolitical zones

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: A-Z of Ministry of Education’s initiative on Tertiary Institutions National Laureate Prize

    Nigeria: FG unveils N365m annual fund for Tertiary Institutions National Laureate Programme

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    Nigeria: Ekpoma ASUU declares indefinite strike over non-implementation of FGN-ASUU agreement

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Education Minister tasks NASENI, universities on building research-to-commercialisation pipeline to power N1trn economy

    University Press convenes 48th AGM in Ibadan, proposes dividend payment

    University Press convenes 48th AGM in Ibadan, proposes dividend payment

    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    EFCC recoveries, unclaimed dividends, dormant funds will strengthen NELFUND – Minister

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Alausa confirms move to expand medical training as TETFund plans world-class simulation centres across six geopolitical zones

    World Cancer Day: Female students advised to abstain from smoking, keep one partner to avoid Cervical Cancer

    Nigeria: Oncologist raises alarm on surge of cancers among 18-39 age groups

    Nigeria adopts new frameworks to strengthen accountability, financing, governance, service delivery in health sector

    African Health Ministers approve 10-year Health Workforce Agenda

    Nigeria eyes local production of cancer equipment by 2030

    Nigeria: FG inaugurates committee to end power outages in hospitals

    Nigeria seeks African-led research, partnerships to tackle hepatobiliary cancers

    NAFDAC to enforce alcohol sachet ban by 2026

    NAFDAC to strengthen regulation of blood, blood product for public health safety

    Nigeria: Gov Abdulrazaq commends Tinubu’s hands-on approach as Eruku 38 regain freedom

    UN hails Gov AbdulRazaq’s strides on reproductive health, human capital devt.

    Neimeth, shareholders get March 31 date by court to meet on new share scheme

    Clinoscope Services expands holdings in Neimeth Pharmaceuticals with ₦312m share purchase

    Sanwo-Olu unveils roadmap for sustainable healthcare at Eko Health Convention

    • Health and Fitness
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    Young Nigerians should drive positive change, not internet fraud – Olukoyede

    Nigeria: Olukoyede charges media managers on emerging technologies

    Dying for the Story: Nigeria’s Journalists, One Death Too Many and the Families Left Behind

    Dying for the Story: Nigeria’s Journalists, One Death Too Many and the Families Left Behind

    GOCOP mourns former President Dotun Oladipo

    APC chairman mourns Dotun Oladipo, says Nigeria has lost a fearless media professional

    GOCOP mourns former President Dotun Oladipo

    Family announces funeral arrangements for former GOCOP President Dotun Oladipo

    GOCOP mourns former President Dotun Oladipo

    Akpabio mourns Dotun Oladipo, diatribes him as courageous journalist

    GOCOP mourns former President Dotun Oladipo

    APC National Chairman mourns Dotun Oladipo, says Nigeria has lost a fearless media professional

    GOCOP mourns former President Dotun Oladipo

    Tinubu mourns notable journalist and publisher of The Eagle Online, Dotun Oladipo

    GOCOP mourns former President Dotun Oladipo

    Sanwo-Olu mourns The Eagle Online publisher, Dotun Oladapo

    GOCOP mourns former President Dotun Oladipo

    GOCOP mourns former President Dotun Oladipo

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    Tinubu urges NLNG board to convert gas flaring into economic benefit for Nigeria

    Tinubu flags off reconstruction of Ibadan–Ijebu-Ode Road, approves Abeokuta–Ibadan dualisation

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Why Tinubu appoints Yari, Uzodimma to lead APC Presidential Campaign Council

    As Police confirm 46 bodies recovered in Sokoto boat mishap, Speaker Abbas, mourns, calls for safety on waterways

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria : FG, states, LGs to share ₦3.007trn revenue for July

    Geregu Power eyes N8.2b half year profit

    Geregu Power reissues recent information to NGX on new letterhead with current directors after WorldStage story

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    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    U.S. border control wants 5-year check on tourists’ social media

    U.S. hits Nigeria, 80 other countries with new tariffs citing ‘forced labour’

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump approves 30-year nuclear pact with Saudi Arabia

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump threatens strikes on Iran’s power plants, next week without deal

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump expects payment for Strait of Hormuz control

    World: Seven MDBs pledge support to countries hit by middle east conflict  

    World Population Day: UNFPA urges investments in young people’s choices, future

    Is Russia immune to media scrutiny in Africa?

    Ukraine sets Russian refinery ablaze in fresh drone attack

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    NATO leaders to gather in Ankara, soothe tensions with Trump

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    5th Cycling Lagos: Organizers open online registration portal ahead of September 12 Grand Finale

    Union Bank, AIICO Multishield, Checkers  Custard, Others Back 5th Cycling Lagos

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    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu directs comprehensive football reform

    Nigeria: EFCC FC Kano wins Inter-Service Unity Cup

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    Nigeria Professional Football Leaegue champions to get  ₦1b prize money

    NPFL boss wants Nigeria league to embrace commercial model to survive

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Nigeria: Speaker hails Team Nigeria for sterling outing at Commonwealth Games

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu congratulates Team Nigeria on outstanding performance at Commonwealth Games in Glasgow

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Home Economy

Oyo Govt approves contracts for 84.7km Ibadan inner roads

by Worldstage News
December 7, 2023
in Economy
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*To release N1.3b counterpart fund for 2023 UBEC projects

Barely two weeks after Oyo State governor, ‘Seyi Makinde, promised the kick-start of the rehabilitation and reconstruction of internal roads in Ibadan, the Oyo State capital, the state government has approved contracts for the construction and rehabilitation of inner roads within Ibadan metropolis totaling 84.75km.

The state government approved infrastructure briefs at the 8th Executive Council Meeting, listing scores of internal roads in the state capital, which will be reconstructed by Messrs KOPEK, RATCON Construction Company Ltd, Messrs Peculiar Ultimate Concerns Ltd and Craneburg Construction Company.

The state’s Commissioner for Public Works and Transport, Prof. Daud Shangodoyin, stated this on Wednesday, during a press briefing at the Secretariat, Government House, Agodi, Ibadan, adding that several other roads were approved for rehabilitation and maintenance by the Oyo State Road Maintenance Agency (OYSROMA) at the cost of N553,604,734.3 for a duration of three months.

Shangodoyin equally gave updates on the 110 kilometres Senator Rashidi Ladoja Circular Road Project, noting that bridges and interchange on the project have reached over 90 per cent completion, while the Exco approved the commencement of the 32km road infrastructure component of the project, awarded to Messrs Craneburg Construction Company Limited and Messrs KOPEC Construction Company Limited.

This was as the state’s Commissioner for Culture and Tourism, Dr. Wasiu Olatunbosun, declared that the state government had approved the release of its share of the sum of N2,791,569,918.28 on the 2023 Federal Government UBEC-OYOSUBEB special intervention counterpart fund.

He said the state government would pay the sum of N1,395,784,949.19 for the construction and rehabilitation of education infrastructure, among other projects, while the Federal Government through UBEC would also release the sum of N1,395,784,959.14.

Dr. Olatunbosun added that the state government had equally approved the release of N1 billion for facility upgrade and take off grant for the seamless operation of Emmanuel Alayande University of Education, Oyo.

The Tourism and Culture Commissioner also stated that the United Nations Educational Scientific and Cultural Organisation (UNESCO) had given global status to the annual Sango Festival as a world heritage.

While briefing newsmen, the state’s Commissioner for Works, Shangodoyin, said: “We considered and approved five briefs in the area of infrastructure. They are asphaltic rehabilitation of some roads in Ibadan, which will be handled by Oyo State Road Maintenance Agency (OYSROMA).

“The roads OYSROMA will work on include U.I junction to Agbowo linking Ojoo–Iwo road expressway with a spur to Preboye’s world, which is 2.3km; Sango-Eleyele road, which is 10.6km; Zion Plaza, Olusoji Avenue linking Alao Akala expressway, which is 1.25km; a culvert at Eleyele/Ologuneru road junction; Eleyele roundabout, Water Corporation, Eruwa Garage road, which is 0.63km.

“Also, we considered the brief on the asphaltic improvement/rehabilitation of selected roads in Ibadan. The brief is in two parts – Lot 1 and Lot 2, which have a cumulative of 12 roads. Lot 1, which is 70.45km, consists of 10 roads and the Council approved the award to Messrs KOPEC Ltd at a contract sum of N24.8bn for 12 months.

“Lot 2 of this road is awarded to RATCON Construction Company. It has 12 roads of 14.30km at a contract sum of N1.88bn for a duration of six months. The summary is that we approved Lot 1 and Lot 2 of 12 roads with a total of 84.75km for Ibadan feeder roads.

“Lot 1 for Ibadan feeder roads has 10 roads on that axis; Oshuntokun – Housing Corporation – Elewure – Awolowo junction and it is 2.99km. The second road on that Lot 1 is Aare junction-Ashi, along Bodija road, which is 3.48km; Bodija-Oju-Irin-Ashi-Basorun with a spur to Ojoo, which is 3.45km; reconstruction of U.I (Preboye junction)-Bodija market- Secretariat road-Beere roundabout dual carriageway, 15.53km; Government House-NTA junction-Ikolaba-JAMB office-Officers Mess-Federal Secretariat-Custom office dual carriageway, 6.13km; Queens Cinema-Dugbe-Sango-Trans Amusement park junction and 11.74km dual carriage way.

“Others are the construction of Molete (under bridge)-Oke Ado-Oke Bola-Queens Cinema-Dugbe dual carriage way, 9.3km; Iyaganku-7th Day Adventist Church-Oke Bola junction-Olubadan stadium junction-Vale College-NUJ PRESS Centre junction with spur to Total filling station-Radio Nigeria-Kobiowu Estate-Akinyemi Junction-Ring Road, 3.85km; dualisation of Mile 10-Ring road-Mobil-Challenge car park, 8.5km; General Gas junction-Kolapo Ishola-Iyana Church with spur to Dizzengorf, 5.48km. The total length of Lot 1 is 70.45km.

“For Lot 2, we have two roads, which are the reconstruction of Bus Stop-Gate-Oje-Beere-Ojaaba-Molete (under bridge) dual carriageway, 10.8km and Oke Adu-Ode Aje- Aremo-Orita Aperin, 3.5km. The total length of Lot 2 is 14.3km.”

Shangodoyin added that the Exco gave the Ministry of Finance the go-ahead to negotiate the terms and conditions of a N150bn AFREXIMBank and Access Bank facility, which will be spent to finance the Circular Road, which will be concessioned, upon completion, to generate revenue for the state.

The Public Works Commissioner equally noted that the state government also approved the supply and installation of smart led solar-powered streetlight along Agodi Gate-Adegbayi, along Old-Ife road, Ibadan and the extension of smart LED streetlight along New Garage-Akala Expressway-Kuola-Bembo road-Conoil, along Apata, Ibadan to Abeokuta Expressway.

The roads to be handled by OYSROMA include U.I junction to Agbowo linking Ojoo–Iwo road expressway with a spur to Preboye’s world (2.3km); Sango-Eleyele road (10.6km) Zion plaza, Olusoji Avenue linking Alao Akala expressway (1.25km); a culvert at Eleyele/Ologeneru road junction; Eleyele roundabout, Water Corporation, Eruwa Garage road (0.63km)

In her presentation, the Commissioner for Women Affairs and Social Inclusion, Mrs Toyin Balogun, said that 692 residents of Ajia community in Ona-Ara Local Government Area of the state, whose 100 hectares of land were acquired by the state government for an Air Force Base, a general hospital and an ICT centre, will receive compensation to the tune of N645 million.

She added that the compensation passed through a diligent screening process.

Giving an update on the Sustainable Action for Economic Recovery (SAfER), the state’s Commissioner for Budget and Economic Planning, Prof. Musibau Babatunde, said 526 residents have so far benefited from the SAfER loan scheme to the tune of N152,475,000 across the geopolitical zones of the state.

Also giving a briefing on the State Exco meeting, the Commissioner for Information and Civic Orientation, Prince Dotun Oyelade, said the state government approved the establishment of the Oyo State Rule of Law Authority, which will guide citizens and residents of the state to be law-abiding

Tags: Oyo StateSeyi Makinde
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