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    MarketForces Africa » MarketNews » Rivers State Government Says Ongoing Elele-Omoku Road Awarded at N80bn

    Rivers State Government Says Ongoing Elele-Omoku Road Awarded at N80bn

    Marketforces AfricaBy Marketforces AfricaMay 16, 2024 MarketNews No Comments2 Mins Read
    Rivers State Government Says Ongoing Elele-Omoku Road Awarded at N80bn
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    Rivers State Government Says Ongoing Elele-Omoku Road Awarded at N80bn

    The Rivers Commissioner for Information and Communication, Mr Joseph Johnson, says the ongoing dualization of the  Elele/Umudioga/Egbeda/Ikiri/Omoku Road was awarded at N80 billion.

    Johnson disclosed this in Port Harcourt on Thursday while talking about the achievements of the Gov. Siminalaye Fubara-led administration after one year in office.

    He said that the road, which cuts across three local government areas, would facilitate easy movement of people and goods, adding:” It will boost cross-community commerce.” The farming communities along this area will find it easy to move their produce to markets in neighbouring towns.

    ”This project is a deliberate effort to make movement easy for our people, it’s not politics but service delivery,” he said. The commissioner said that the state government had already paid 50 per cent of the contract value, amounting to N40 billion.

    ”We are not paying lip service to governance, we mean business. We want Rivers people to see something new. We have devised ways of generating money to fund our projects, we are not indulging in any borrowing festival,” he said.

    The Fubara-led administration is receiving commendations for its investment in road projects across the state. Analysts say that the state capital will be decongested if the government successfully implements the line-up of road projects in the state. Reps Threaten to Cancel PPP, Concessions, Invite Minister of Transport, NRC

    Banks CBN Central Bank of Nigeria FGN Investors Naira NGX Nigeria Nigerian Stock Exchange NSE
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