A sum of N900 million has been approved for release by the Oyo State Government as counterpart funding for the construction of 68-kilometre roads across the state.
The counterpart funding will ensure an access to ₦16,273,711,000 by the state government from two international financial bodies – the International Development Association (IDA) and the Lagence Francaise Development Agency (AFI).
In a release after the executive council meeting held at the Executive Council Chamber, the Commissioner for Information, Prince Dotun Oyelade, said that with the executive council’s approval of the counterpart funding, many critical road maintenance works will commence.
According to him, these include the rehabilitation of the 8.43km Fashola Farm Settlement, the 37km Alako/Idi-Iya/Batake/Olowa Farm Settlement and Ijaye roads.
The 22km Oloko/Oyo Junction and Ikere roads will also be affected, among others.
The executive council also approved the improvement of the Light-Up Oyo State infrastructure, which has now extended beyond Ibadan metropolis, at a total cost of ₦2,602.8 billion as operational and maintenance expenditure for the year 2026.
The Council also approved the upward review of the contract sum for the Oyo State Business Process Automation (BPA) project.
According to Prince Dotun Oyelade, this project, which was the vision of Governor Seyi Makinde since 2022, is focused on modernising the civil service through technology.
The project, which was initially awarded for ₦400 million will now be awarded for over ₦578 million in the light of contemporary economic reality.
Some of the benefits of the Business Process Automation (BPA) project are to streamline civil service operations, strengthen record management and accountability across MDAs, enhance the speed and quality of government services to the public, and train technical staff to ensure long-term maintenance of the software solution.
In pursuit of its objective to keep Oyo State safe and secure, the Council also approved the purchase of 100 double-cabin pick-up trucks (80 Mitsubishi L200 and 20 Toyota Hilux) at a cost of ₦5,772.5 billion.
