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Figure 5 ROAD CONSTRUCTION PROJECTS BENCHMARKS OYSG, OTHER STATES & FGN
Oyo State projects can also be seen to
benchmark within the prevailing class of
projects across the south - west sub-region
under the general prevailing security and
market conditions in the nation. Figure 5
below, shows Oyo State overall projects in
a benchmark comprising of projects from
other adjoining states and relevant Federal
Government projects.
Triple lane Expansion/ Reconstruction of
Flagship Expressway (EI) the Lagos - Ibadan
Expressway
anctioned at 1.31 bln N / km in 2013,
Escalated to 2.46 bln N / km (2017).
Shown in Figure 5, but not in range to be
sho
Figure 6: BENCHMARK VARIABILITY OF VARIOUS PROJECT CATEGORIES & TYPES 2019 – 2022
Figure 6 shows comparative broad
benchmarks for
a spectrum of typical road
construction activity excluding
terminated projects