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Oyo State Compendium of Infrastructure Delivery Projects 2019 - 2023 Accomplished by the executive Governor Engr, Seyi Makinde, FNSE, D.Sc Vol 1 Compiled by Engr Seyi Adeleye, MNSE Oyo State Compendium of Infrastructure Delivery Projects 2019 - 2023
Accomplished by the executive Governor Engr, Seyi Makinde, FNSE, D.Sc
Vol 1 Compiled by Engr Seyi Adeleye, MNSE

adex2016
07.03.2023 Views

and able to deliver on these projects. They will be bearing the risk of getting this project done in a timely manner while we pay them over the next twenty-nine months. So while they will complete the project in one year, we have the option to repay in over twice the time. We will continue to actualise named capital projects through budgetary allocation and have the additional option of carrying out other infrastructural projects outside of the budget using the Alternative Project Funding Approach. So you can look forward to other projects under this approach. Let me state that even when we are forced to look outside Oyo State for persons to execute the projects under APFA, we still put the interests of our people rst. 2

For example, Peculiar Ultimate Concerns Ltd has agreed that the construction labour will come from Oyo State, and we are holding them to that agreement. Please permit me also to use this opportunity to re-address the criticism that trailed the cost of this contract. Some people had asked why the Airport-Ajia road costs more per kilometre than the Moniya-Iseyin road. Let me restate that when we want to make such comparisons, we should ensure that we are comparing apples to apples and not apples to oranges. One of the roads may appear longer, but when you visit the site, you will nd that the Airport-Ajia road has more hydraulic structures, what you will call bridges in lay man's terms. We will be embarking on the expansion and rehabilitation of these bridges as well. Our administration means business. We will drastically reduce the infrastructure decit in Oyo State in the shortest possible time. And this is how economies work: Investors will only go where they can be assured of prots. If we do not develop basic infrastructure like roads, it will affect the cost of production, which in turn means less prot for investors. So, we cannot be seriously discussing attracting investment into Oyo State when a majority of roads and other infrastructure are in a state of disrepair. On this note, I now ag off the total reconstruction of the twenty-onekilometre Airport – Ajia – New Ife Express Road with a spur to Amuloko to the Glory of God and the benet of the good people of Oyo State. Governor Seyi Makinde, August 5, 2020 2

and able to deliver on<br />

these projects. They will be<br />

bearing the risk of getting<br />

this project done in a<br />

timely manner while we<br />

pay them over the next<br />

twenty-nine months. So<br />

while they will complete the<br />

project in one year, we have<br />

the option to repay in over<br />

twice the time.<br />

We will continue to actualise<br />

named capital projects<br />

through budgetary<br />

allocation and have the<br />

additional option of<br />

carrying out other<br />

infrastructural projects<br />

outside of the budget using<br />

the Alternative Project<br />

Funding Approach. So you<br />

can look forward to other<br />

projects under this<br />

approach.<br />

Let me state that even<br />

when we are forced to<br />

look outside Oyo State for<br />

persons to execute the<br />

projects under APFA, we<br />

still put the interests of our<br />

people rst.<br />

2

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