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Home Local News

Award For The Dualization of Ore-Ondo-Akure Road and Benin- Akure- Ilesa Road, a recipe for investment opportunities and economic development of Ondo State

Admin by Admin
August 2, 2024
in Local News, Opinion
0
Award For The Dualization of Ore-Ondo-Akure Road and Benin- Akure- Ilesa Road, a recipe for investment opportunities and economic development of Ondo State

Award For The Dualization of Ore-Ondo-Akure Road and Benin- Akure- Ilesa Road, a recipe for investment opportunities and economic development of Ondo State
– Moyosola Niran- Oladunni

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The Converner of Kalesanwa Socio-Political Group and former governorship aspirant in Ondo State, Moyosola Niran-Oladunni has said the recent approval for the Dualization of Ore-Ondo-Akure Road and Benin-Akure- Ilesa Road by the federal government is a great recipe for rapid investment opportunities and development of Ondo State.

The former aspirant applauded the federal government for approving the road projects.

Speaking with The Focus Magazine, Oladunni said this opportunity will allow investors to come and invest in the state.

He said, ” The award for the Dualization of Ore-Ondo-Akure road and Benin-Akure-Ilesa road by the Federal government is a recipe for investment opportunities and economic development of Ondo State.

This opportunity will allow investors to come and invest in the state, thereby providing employment opportunities for the youths and enhancing the economic development of the state.

The state has abundant resources, which are begging for attention. ”

Oladunni stated further that, for any investor to come and establish industry in any state or country, there must be access to good roads for the transportation of their goods and services.

He thanked the federal government for counting Ondo State among the states that benefit from the projects.

It could be recalled recently that after the Federal Executive Council meeting, President Bola Ahmed Tinubu approved 13 road projects in various states across the country worth about #1.455tn, which includes two major roads in Ondo State.

The two roads are Benin-Akure – Ilesa Road, a 3ookm concrete pavement dual carriageway with a contract sum of #525bn, awarded to HiTech Construction, Benin-Akure, by Ilesa (section 2).

The second road is Ore-Ondo-Akure road, which is under special intervention due to flooding.

It is 24 months long and has a total contract sum of #134bn. It was awarded to CBC Nigeria Limited, which will use concrete because of the terrain.

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