• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, August 7, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Oyo Agency Signs N16bn Contract For 68km Road Project

by Adebayo Waheed
6 months ago
in News
Oyo
Share on WhatsAppShare on FacebookShare on XTelegram

The Oyo State Rural Access and Agricultural Marketing Project (Oyo RAAMP) has signed a contract agreement worth N16 billion for the construction of about 68km rural roads under phase 1 of the intervention project.

Advertisement

The contract-signing event which took place at the Ministry of Agriculture and Rural Development, Ibadan – the supervisory ministry of Oyo RAAMP – under the supervision of the commissioner of the ministry, Olasunkanmi Olaleye had five construction companies sign contract agreements with Oyo RAAMP.

The construction companies were Dephhanny’s Venture Limited, Messrs CGC Nigeria Limited, Messrs Coastline Engineering Limited, Messrs Lopek Engineering and Construction Limited and Messrs E.A.A Engineering Limited.

Addressing the contractors and stakeholders at the signing ceremony, Olaleye said the project aims to upgrade rural roads, improve agricultural marketing and promote economic growth in Oyo state.

According to him, the project is expected to have a positive impact on lives of rural communities, farmers and traders as well as market hubs to reduce post-harvest loss of agricultural products.

RELATED

Stanbic IBTC Restates Support For Business, Economic Growth

Stanbic IBTC Capital Named Best Investment Bank

3 minutes ago
UBA Bank plc

UBA Adds PAPSS To Chatbot LEO For Local Currencies’ Cross-border Payments

5 minutes ago

 

While congratulating the firms/contractors who emerged from the highly competitive bidding and procurement processes, the commissioner explained that the phase 1 intervention roads of backlog maintenance/rehabilitation and cross drainage structures would include: Fashola Farm settlement road networks, Oyo West, Oloko Oyo Junction- Ikere Junction, Iseyin Local Government; Alako-Idiya-Batake- Olowa Farm settlement Ido Local Government; Adebayo-Alata-Aba Oje, Oluyole local government; Okudi-Oyada road, ATISBO Local Government  and Tewure-Ila junction road, Oriire local governments respectively.

 

He urged the contractors to ensure that they execute quality and satisfactory jobs.

 

 

 

The permanent secretary of the ministry, Mrs Abosede Owoeye said that the project objectives align with the vision of the present government in Oyo State under the leadership of Engr Seyi Makinde which includes supporting farmers with necessary equipment to enhance food security.

 

She added that with signing of contract agreement, Oyo State is one step closer to achieving its goals of promoting economic growth, improving livelihoods and enhancing food security.

 

Owoeye thanked the federal government and development partners including the World Bank and French Development Agency for their support.

 

The Oyo State project coordinator, Rural Access and Agricultural Marketing Project, Adeola Ekundayo urged the contractors to cooperate with stakeholders who will be monitoring their activities.

 

She also said a Grievance Redress Committee on each of the roads have been constituted according to the Project Implementation Manual which they would meet before the commencement of civil works.

 

Speaking on behalf of the contractors, a representative of CGC Construction Company, Mr Shan Jingwu, commended RAAMP for being transparent in the selection process that ushered in his company and promised that his team would be very professional in the discharge of their duties.

 

 

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Oyo State
SendShareTweetShare
Previous Post

Abia Govt, ICT Group Sign MoU On Internet Connectivity

Next Post

Niger’s Agricultural Revolution

Adebayo Waheed

Adebayo Waheed

You May Like

Stanbic IBTC Restates Support For Business, Economic Growth
Business

Stanbic IBTC Capital Named Best Investment Bank

2025/08/07
UBA Bank plc
Business

UBA Adds PAPSS To Chatbot LEO For Local Currencies’ Cross-border Payments

2025/08/07
Heritage Bank: NDIC Begins Uninsured Depositors’ Payment From April
Business

NDIC Pays N54.62bn To 691,418 Customers Of Defunct Heritage Bank

2025/08/07
Egbin Power Advances Energy Transition Drive, Appoint New CEO
Business

Egbin Power Transformer Fire Disrupts Electricity Supply In Parts Of Lagos, Ogun

2025/08/07
Oando Resolves Shareholder Dispute, Releases 2019, 2020 Results
Business

Oando Foundation Empowers Nigerian Youth With Green Upskilling Programme

2025/08/07
Union Bank Gets $30m IFC Facility To Support SMEs
Business

Fitch Downgrades Union Bank To ‘Failed’ Status, Cites Capital Shortfall

2025/08/07
Leadership Conference advertisement

LATEST

Stanbic IBTC Capital Named Best Investment Bank

UBA Adds PAPSS To Chatbot LEO For Local Currencies’ Cross-border Payments

NDIC Pays N54.62bn To 691,418 Customers Of Defunct Heritage Bank

Egbin Power Transformer Fire Disrupts Electricity Supply In Parts Of Lagos, Ogun

Oando Foundation Empowers Nigerian Youth With Green Upskilling Programme

Fitch Downgrades Union Bank To ‘Failed’ Status, Cites Capital Shortfall

FG, Kuwait Foundation Explore Partnership Areas

Firm Empowers Local Hairstylists, Uplifts Communities

Bauchi Ranks 6th In Ease Of Doing Business – Gov Bala

AXA Mansard’s Ola-Israel Wins ‘CFO Of The Year’ Award

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.