Thursday, 6 March 2014

Ondo-State Governor Approves N4.3bn Road Project

Dr Olusegun Mimiko-led Ondo State executive council, on Wednesday, approved the rehabilitation of a 31.2km Igbokoda-Ugbonla road in the Southern senetorial district of the state at the cost of N4.313 billion, even as the governor signed into law the 2014 appropriation bill.
The road construction has been awarded to a Chinese firm, CRCC Construction Company Ltd.
Mr Kayode Akinmade, the state Commissioner for Information, made this known to newsmen after the state executive council meeting in Akure.
The road, which was initially constructed by the previous government, collapsed after use, thus necessitating the latest effort of the Mimiko-led administration.

The road, which is the project of the Ondo State Oil Producing Area Development Commission (OSOPADEC), the commissioner said, would bring a lot of relief to the people of the area, as most part of the road had given in to erosion.
Akinmade also informed that the governor would commission the Igbokoda International Market, which has over 1000 shops, today.
Meanwhile, the 2014 appropriation bill of the Ondo State government has been signed into law by the State governor, Dr Olusegun Mimiko with a promise to continue to sustain all the people-oriented programmes already in place.He pleaded with the people of the state for the prompt payment of thier taxes..

According to Governor Mimiko, the N168 billion budget, which comprises N71.9bn for recurrent expenditure and N96 billion for capital expenditure, would be used to expand the economic base of the state through the provision of adequate power supply and cocoa revolution and also the sustainability of the various social assets such as Mother and Child Hospitals, Abiye Safe Motherhood projects, mega schools and Kidney Care Centre, in the interest of the most vulnerable in the society.
At the signing ceremony which was held on Wednesday at the Cocoa Conference Hall of the Governor’s Office in Akure, Mimiko reiterated his administration’s determination to make the state a reference point in the country, he thus solicited support and cooperation of the people through prompt payment of taxes and levies, particularly in this era of dwindling revenue accrued to states from the Federation Account.

He added that the practice of work plan development by ministries and other agencies of government would be sustained, including the use of key performance indicators to determine productivity.
While noting that the state’s Board of Internal Revenue had been re-organised to drive the expansion of the state’s revenue base, Governor Mimiko appreciated members of the state House of Assembly for what he called “the sacrifice of time and painstakingly considering all the details of the estimate.”
Earlier in his welcome address, the commissioner for economic planning and budget, Mr Akin Adaramola, submitted that the 2014 budget was prepared in compliance with the International Public Sector Accounting Standards (IPSAS).

He added that the budget was presented according to functions, programme, policy, objectives, economic and administrative classification in place of the traditional heads and sub-heads.
The ceremony attracted top government officials, including the deputy governor, Alhaji Alli Olanusi, deputy speakers of the State House of Assembly, Hon. Dare Emiola, other members of the Assembly, members of the State executive council, chairmen and members of boards and parastatals among others.

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