Featured Government

Oyo Govt re-awards Saki, OyoTownship Roads, expands Energy Ministry

…Saki road gets N4.7bn, Gedu-Orodu, Sabo Road, Oyo costs N2.9bn

…state approves procurement of New Fire Truck for Ibadan Airport

The Government of Oyo State, on Tuesday, announced it has re-awarded the contract for the construction of Saki Township Road at the cost of Four Billion, Seven Hundred and Ninety-Six Million Naira (N4,796,000,000,).

The contract was initially awarded at the cost of N8 billion by the immediate past administration of Senator Abiola Ajimobi, but the work has been practically abandoned, leading to residents of the historic city and the traditional ruler, to make representations to Governor Seyi Makinde for a redemption of the stagnated project.

A statement by the Chief Press Secretary to Governor Makinde, Mr. Taiwo Adisa, indicated that the governor had, during a visit to Saki where he commissioned the Saki Specialist Hospital, two weeks ago, terminated the contract due to what he called inconsistencies and underperformance by the contractor, promising that the project will be re-awarded within four weeks.

While briefing newsmen shortly after the Oyo State Executive Council meeting held at the Government House, Agodi, Ibadan, on Tuesday, the state’s Commissioner for Education, Science and Technology, Barr. Olasunkanmi Olaleye, said the contract for the road was re-awarded to Messrs Peculiar Ultimate Concerns Ltd, under the Alternative Project Funding Approach, adding that it would be completed in 12 months.

“Today, the EXCO re-awarded the Saki township road. The contract has been re-awarded to Messrs Peculiar Ultimate Concerns Ltd for the sum of N4,796,000,000, under the Alternative Project Funding Approach. The contract will be completed within twelve months.

“As we know, the last administration awarded that contract for over N8 Billion, and above N3 Billion was paid but nothing much has been done on the job. It has even caused untold hardship to the people of Saki to the extent that the whole town complained that the contract should be re-awarded.

“Having examined the issue of the contract critically, the EXCO re-awarded it to another contractor that will complete it within twelve months.”

In another development, the statement also quoted Attorney-General of the State and Commissioner for Justice, Prof. Oyelowo Oyewo, as saying that the State Executive Council approved the expansion of the Ministry of Energy to Ministry of Energy and Mineral Resources in order to fulfil the objectives, vision and goals of the government with respect to energy and mineral resources.

According to him, “we just finished the 26th EXCO meeting today. Of importance to our ministry is the passage of a bill, which is going to be forwarded to the Oyo State House of Assembly. And that is the bill on Energy and Mineral Resources 2020. This bill will revise the Ministry of Energy Law of 2019. And what this bill has done is to look at the 2019 law, with respect to the function that needed to be carried-on by some other ministries that had to be domiciled in the Ministry of Energy and Mineral Resources.

“So, the name of the Ministry has been further expanded from Energy, to include Mineral Resources, in order to be able to fulfil the objectives, vision and goals of the government with respect to energy and mineral resources.

“The functions of the bill in section 4 of the 2019 law has been further expanded to ensure there are matters relating to energy, electricity and also the coordination, with respect to inter-ministerial relationship with federal agencies and also intra-ministerial relationship with MDAs, are well captured.

“Furthermore, the departments of the ministry have been quite created to highlight the new vision of the government in creating the Ministry of Energy and Mineral resources.”

Oyewo also stated that the state government approved the sum of Eighty-Four Million Naira (N84 Million) for the purchase of Fire Truck for the Federal Airport Authority, (FAAN), Ibadan Chapter, to improve its facilities for the prevention of fire accidents at the Airport.

“The second item is the approval by the Oyo State Government to enable the Federal Airport Authority of Nigeria, FAAN, to improve its facilities for the prevention of fire accident in the purchase of one fire truck, because the one they have in their stock has become old and cannot meet up with the vision of Oyo State to have Ibadan Airport upgraded. So, as part of that, the state has helped in purchasing a particular quality of fire truck, which has been approved for purchase. It will be able to deal with all fire emergencies at the airport, even when it is finally upgraded,” he said.

Similarly, the Commissioner for Energy and Mineral Resources, Barr. Temilolu ‘Seun Ashamu, hinted that the State Executive Council awarded the contract for the construction of Gedu-Oroki, Sabo Asipa Road in Oyo Township for a total sum of Two Billion and Nine Hundred Million (N2,900,000,000) to Messrs AMAC Engineering Ltd, under the Alternative Project Funding Approach, which will see the contractor execute the project with its funds while the state will repay over a period of 28 months.

“The State’s EXCO today resolved to award the Gedu-Oroki-Sabo-Asipa road in Oyo township, under the APFA to Messrs AMAC Engineering Ltd, for a total sum of N2,900,000,000. The contractor shall use their fund to complete the project and the state government shall repay over a period of about 28 months,” Ashamu said.

Signed:

Taiwo Adisa

Chief Press Secretary to Governor Seyi Makinde

Leave a Comment

Your email address will not be published.

You may also like

Business Economy News Technology Technology Trends Telecoms

COURE Celebrates 25 years of Providing Innovative Digital Solutions

post-image

 

COURE Software & Systems Limited (“COURE”), an indigenous information technology (IT) firm located in Lagos, will be marking 25 years of existence, 15 of which have been spent deploying IT solutions and services in Nigeria and other African countries. From telecoms to financial to the public sector, the company has made tremendous strides in various sectors of the economy.

Speaking to the media, COURE’s CEO, Uche Onwudiwe described the company as, “a platform services provider with a focus on the provision of accurate, secure and relevant data to improve its clients’ business processes and operations.” He reflected on the journey so far, noting that the company “started out in the US in 1998 at a time when the internet and modern technology, as we know it, were taking off. At that time, we were focused on networking and physical systems integration.”

COURE’s CEO,...
</p>
                    </div>
                    <span class= Read More

Announcements Business Economy Fintech Gadgets Technology Technology Trends

Morocco unites global tech community’s commitment to advancing African digital economy at momentous GITEX Africa launch

post-image

 

 

Debut of Africa’s largest tech and start-up show to welcome 900 companies to explore, discover, and connect to real opportunities in world’s rising digital economy

 

H.E Dr Ghita Mezzour: “We’re witnessing a historic event, the largest tech networking and business event in the African continent”

 

 

Morocco will centre the global tech community’s attention on Africa’s united commitment to advancing the digital economy next week, converging the best minds from governments, businesses, big tech, start-ups, investors and youths to accelerate and catalyse the continent’s ambitious digital transformation journey. 

 

GITEX Africa 2023, now the largest tech and start-up show in the African continent, will make its highly anticipated debut from 31 May-2 June, with the final preparations underway across ten halls and 45,000sqm of exhibition space in a purpose-built super venue at Place…

Read More
Business News Opinion

African growth potential in a polycrisis world

post-image

The global economy faces a perfect storm of stubborn inflation, high interest rates in key economies, trade wars, supply chain difficulties and fallout from the Ukraine crisis which has heightened geopolitical risks. This is having a big impact on emerging and developing market economies, including African economies in the form of fuelling price rises, constrained trade volumes, reduced access to capital markets and food supply problems. African economies as a whole will slightly outperform the global economy this year, with most enjoying higher levels of growth than in 2022.

 

Published by African Export-Import Bank (Afreximbank) the Africa’s 2023 Growth Prospects: Securing growth resilience in a ‘polycrisis’ world report highlights the various factors that are currently plaguing the global economy: stubbornly high inflation, U.S. and Chinese trade and tech wars,  geopolitical tensions and supply chain problems. Following a strong economic recovery from the height of the Covid-19 pandemic, global growth of 3.4% in 2022…

Read More
Business Environment Opinion Software

Liquid Dataport and Viasat sign Memorandum of Understanding (MoU) to improve connectivity services for business and consumers in West Africa

post-image

Liquid Dataport, a business of Liquid Intelligent Technologies (Liquid) (https://www.Liquid.tech/), a pan-African technology group, and Viasat (NASDAQ: VSAT), a global communications company, today announced the signing of a Memorandum of Understanding (MOU) to engage in business-to-business (B2B) and business-to-consumer (B2C) service opportunities across West Africa.

 

Liquid and Viasat intend to focus on the potential commercialisation and distribution of satellite broadband to reduce internet connectivity costs and improve data connections across the region. Under the terms of the MOU, Liquid Dataport will offer Viasat’s connectivity services working through local partners.

As a part of Viasat’s expansion into Africa, the Company’s next-generation ViaSat-3 satellite constellation is expected to deliver connectivity services to Europe, The Middle East, and Africa (EMEA).

The reduced costs for connectivity is good news for our enterprise customers businesses

“Liquid Dataport is delighted to announce our collaboration with Viasat, and we believe there will be…

Read More
Business Economy International

Africa Investment Forum showcases $1.475 billion in green and renewable energy deals at African Development Bank 2023 Annual Meetings

post-image

The Africa Investment Forum presented four renewable energy and sustainability projects worth nearly $1.5 billion to investors on the sidelines of the African Development Bank Group’s (www.AfDB.org) 2023 Annual Meetings.

 

The curated projects, which are drawn from all of Africa’s regions, are sourced from the Africa Investment Forum’s pipeline. They reflect gathering urgency in Africa, the world’s most vulnerable region to climate change, to accelerate climate action, including closing financing gaps by securing an ever-increasing share of global capital for the continent.

The African Development Bank’s 2023 Annual Meetings are being held under the theme, Mobilizing Private Sector Financing for Climate and Green Growth in Africa.

The investment roundtable, held in Sharm El Sheikh, attracted a range of private investors, including venture capital and private equity firms.

From hydropower to plastic recycling green projects showcase ample opportunities on the continent

The transactions included a hybrid hydrogen feedstock/ ammonia project in…

Read More
Business Economy Environment

HINEN Unveils “Bring the Sunshine at Night” Energy Solution at Solar Africa Expo 2023

post-image

The Solar Africa Expo 2023 ended perfectly. HINEN (www.Hinen.com) achieved great success at the exhibition with the innovative concept “Bring the Sunshine at Night”, generating the sunshine and storing it in the battery system in the daytime, then outputting solar power at night.

 

During the exhibition, what drew people’s great attention was HINEN’s 3000W Portable Power Station PS3000

During the exhibition, what drew people’s great attention was HINEN’s 3000W Portable Power Station PS3000, which could totally replace small diesel generator sets, the savour for home users and small business owners.

As a whole-chain energy storage company, HINEN also showcased its latest solar energy solutions, which included LiFePO4 battery cell production and recycling, small storage systems, home battery systems, and C&I storage systems.

 

HINEN is actively establishing relationships with distributors and partners in Kenya, South Africa, and Nigeria to expand the practicality and impact of its energy…

Read More
Business Economy Investments Security Society

Spyware attacks on organisations in South Africa, Kenya and Nigeria increased in Q1 2023

post-image

As discussed during the recent Kaspersky Cyber Security Weekend – META 2023 (www.Kaspersky.co.za), for the first quarter of 2023 (Q1 2023) the share of users attacked1 with spyware in South Africa, Kenya and Nigeria increased steadily. Kaspersky recorded an increase of 18,8% in South Africa, 12,9% in Kenya, and 14,6% in Nigeria from Q4 2022 to Q1 2023. Spyware continues to be a threat to users of different types of devices, including thin clients.

 

Thin clients are used in corporate networks around the world to set up workspaces at a much lower cost than when using traditional laptop or desktop computers (thick clients). A thin client on a traditional operating system (OS), Linux or Windows-based, could potentially be targeted by different types of attacks, including spyware. A compromised thin client could serve as an entry point to the corporate network, and it could be used to…

Read More
Business

Microsoft Airband to Connect nearly 40 Million People across Latin America and Africa (By Vickie Robinson)

post-image

By Vickie Robinson, GM, Microsoft Airband Initiative (https://www.Microsoft.com)

 

Today, we’re announcing new and expanded Airband partnerships set to provide high-speed internet access to nearly 40 million people across Latin America and Africa. These partnerships in Brazil, Chile, Colombia, Guatemala and Cote d’Ivoire, Kenya, Nigeria, Tanzania and Uganda mark significant progress in our commitment to extend high-speed internet access to 250 million people living in unserved and underserved areas around the world, including 100 million in Africa.

 

Across both Latin America and Africa, limited access to broadband can mean that people have fewer opportunities to develop the digital fluency and skills needed to participate in the digital economy.

 

At Microsoft, we believe that internet access and meaningful connectivity is a fundamental right. The Microsoft Airband initiative was launched to bring transformative connectivity to unserved and underserved communities around the world. Through the Airband initiative and its partners, Microsoft is…

Read More