Gov. Seyi Makinde of Oyo State has reaffirmed his administration’s commitment to deliver impactful and durable infrastructure that would stand the test of time.
Makinde made this known on Monday during the ‘Midterm Retreat’ for political appointees in his administration, held at the International Institute of Tropical Agriculture (IITA), Ibadan.
The governor, who said his administration was not focusing on short-term visibility, explained that it was laying down critical infrastructure that would speak for itself many years after his tenure
Addressing criticisms surrounding the recently approved N63.4 billion for the rehabilitation of the Government House, Makinde explained that the amount reflects current market realities, especially in the rising costs of construction materials.
He said that the prevailing economic realities necessitated a new perspective on public spending
According to the governor, the N63 billion allocated for the project today would have been roughly N16 billion two years ago, when the naira traded at around N400 to the dollar.
The governor further clarified that the project was not a mere renovation as perceived but a full scale reconstruction, aimed at giving the state a befitting seat of power.
Makinde added that he personally assessed the structures within the Government House and understands the scale of work required
The Nigerian National Petroleum Company Limited (NNPCL) has increased prices of fuel from N910 to N945 in Abuja. It also revised its petrol pump price from N870 to N915 per litre at several of its retail outlets in Lagos The new pump price increase reflects a N35 and N45 hike in the amount previously sold in Abuja and Lagos respectively It was observed that some filling stations in Lagos were […]
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