Ekiti re awards n5 8bn road contracts
A great piece of news!
According to reports, the Ekiti State Government has awarded N5.8 billion road contracts to various contractors. This is a significant investment in the state's infrastructure, which will undoubtedly improve the lives of citizens and boost economic activities.
Here are some details about the awards:
- The contracts were awarded to 14 different contractors, with the largest contract going to Messrs. CCECC Nigeria Limited for the reconstruction of the Ado-Ikare Road, valued at N1.4 billion.
- Other notable contracts include the reconstruction of the Ijero-Ekiti Road, valued at N1.1 billion, and the construction of the new Ekiti State University Teaching Hospital Road, valued at N800 million.
- The contracts are expected to be completed within 12 months, with the contractors required to provide a 10% performance guarantee to ensure timely completion.
- The Ekiti State Government has emphasized the importance of these road projects, stating that they will improve the state's transportation network, enhance economic activities, and reduce travel time for citizens.
This investment in infrastructure is a positive step towards developing the state and improving the quality of life for its citizens. It's great to see the government prioritizing projects that will have a direct impact on the people's daily lives.