Topic: Fubara approves N222.1bn for Trans-Kalabari Road project  (Read 456 times)

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Fubara approves N222.1bn for Trans-Kalabari Road project
« on: May 17, 2024, 01:16:38 AM »
Fubara approves N222.1bn for Trans-Kalabari Road project

 The Rivers State Executive Council, under the leadership of
Governor Siminalayi Fubara, has approved the contract for the Trans-Kalabari
Road project, with a substantial budget of N222.1 billion.

 

This decision was reached during its meeting at the
Government House on Wednesday, attended by members of the Council, including
Deputy Governor, Prof Ngozi Odu.

 

Speaking to journalists post-meeting, Rivers State
Commissioner for Information and Communications, Warisenibo Joseph Johnson,
highlighted that the project’s funding will be drawn from the state’s
internally generated revenue.

 

In a statement by the Chief Press Secretary to the Rivers
State Governor, Nelson Chukwudi, Johnson emphasized that 30 percent of the
mobilization fee has already been disbursed, and the project, slated for
completion in 32 months, is set to commence promptly, with the contractor ready
to deploy resources and manpower to the site.

 

Johnson said, “We have awarded the contract to the tune of
N222,114,563,830.2 kobo only for the commencement of the Trans-Kalabari Road.

 

“This is the main Trans-Kalabari Road. The one that had
happened in the past, was building of bridges.

 

“But here, we are doing a Trans-Kalabari Road that is going
to run from NSS Pathfinder immediately after Mgbuodohia Community, and extends
to about 2 KM to the Aker Base Road in Rumuolumeni Community in Obio/Akpor
Local Government Area.

 

He added, “That road will pass through the swamps behind the
Ignatius Ajuru University of Education in Rumuolumeni, moving southwards
towards the first bridge crossing. The road continues through a series of
bridges. That road will run, connecting many communities up to Tombia Town.

 

“That project will be completed in 32 months, and we are
paying from our Internally Generated Revenue (IGR). We are not going to be
borrowing money for that project.

 

“That is about the third phase of us generating funds
internally for our road projects without going anywhere to borrow money.”

 

The Information Commissioner stated that the contractual sum
of N222.1billion is bigger than what is being spent on the Port Harcourt Ring
Road project, which is ongoing, citing the very difficult terrain of swamp and
across rivers the Trans-Kalabari Road is traversing, upon which a series of
bridges, decking and piling works will be executed.

Source: Fubara approves N222.1bn for Trans-Kalabari Road project

 - NigerianEye
Invest in US dollars: https://hashflare.io/r/CF2F6691

 

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