James Sowole
30 September 2008
Akure — Road contracts worth N8.58billion had been awarded by the 18 local government areas in Ondo State with the 50 per cent of the contract sum paid to contractors.
The Deputy Governor of the State, Otunba Omolade Oluwateru, disclosed this while briefing journalists after the monthly Joint Account Allocation Committee where council chairmen were given their respective allocation from the federation account.
The deputy governor, who was represented by the Permanent Secretary, Department of Local Government and Chieftaincy Affairs, Dr Deji Akinwalere, said the project was being funded from the savings of the councils which the state made them to do on monthly basis.
According to him, the councils had been asked to lay asphalt on the roads that were earlier surface dressed in their respective local governments and which were mainly township roads.
He said the current feat was unparalleled in the history of councils in the country adding that it was made possible by the prudence that had been introduced into the management of resources in the sunshine state.
The deputy governor expressed the hope that the roads would be completed by December saying it would be a harvest of commissioning by the end of the year.
He said a sum of N1.8billion accrued to the councils in the month of September which made is up of both statutory allocation and the fund from the Value Added Tax and the 10 per cent of the state contribution from the Internally Generated Revenue (IGI).
Be the first to Write a Comment!
Copyright © 2008 This Day. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
