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Home Business Agriculture

Oyo To Spend ₦109Bn on Expansion Of Circular Road, Agric Projects

Newscoven by Newscoven
May 15, 2025
in Agriculture, Environment | Community | Eye Report | Metro
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Oyo Speeds Up Circular Road •Approves Farm Centres
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The Oyo State Government has disclosed that ₦109.23 billion would be spent on the expansion of scope of works on the 15.5km south-east segment of the Senator Rashidi Ladoja Circular Road and some agriculture projects in the state

It stated that lump sum of the amount will be on spent construction of toll plaza, flyovers, underpass, entry and exit points with mini toll gate at 16.7 km Jagun/Ibadan/Ife end of the road.

It stated that, in its determination to make the Circular Road operational by 2027, it has sped up construction work on the project.

The State Executive Council, which sat on Wednesday, approved the construction of toll plaza, flyover, underpass, entry and exit points with mini toll gate to complement the expansion of scope of the work already going on at the Jagun/Ibadan/Ife Interchange.

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This followed the approval of the request put forward to the Council by the state Commissioner for Public Works and Transport, Arch. Abdulmojeed Mogbonjubola.

As contained in a statement by the Commissioner for Information, Prince Dotun Oyelade, the 16.7km Jagun/Ibadan/Ife axis of the Circular Road project which was initially put at ₦66,174,589,000 will now cost ₦92,284,301,000.

The increment in the cost was as a result of the additional constructions that will complement the project, such as the toll plaza, flyover, underpass, entry and exit points with mini toll gate

Similarly approved, the expansion of scope of work on the 15.5km South-East segment of the Circular Road, along Lagos/Ibadan/Jagun axis will cost an additional ₦16,957,729,000.

The Commissioner for Information recalled that during the last Executive meeting, the Council approved the installation of public lighting along the Senator Rashidi Ladoja Circular Road Phase One.

The Commissioner for Public Works and Transport also secured approval for road mapping, kerbs painting, installation of steel rails and patching of designated roads in Ibadan metropolis, including the Lead City University/Challenge Junction Road at the cost of ₦120,469,782.

The project will be handled through Direct Labour intervention of the ministry, it was stated in the release.

Also, the Council approved the request of the Commissioner for Agriculture and Rural Development, Olasunkanmi Olaleye, for the establishment of farm service centres across the nine agricultural zones of Oyo State.

The project, which cost was put at ₦570,775,722, will create a one-stop shop for agricultural inputs across the zones; enhance dissemination of modern farming techniques and technology, establish market connections for smallholder farmers and many more.

Similarly, the Council approved the renovation of the Produce Department Office at Onireke, Ibadan for the use of the Federal Agricultural and Rural Management Training Institute, South-Western Regional Training Centre.

The approval was based on the benefits of the institute to the state, including wealth and job creation, poverty alleviation and rapid economic development, growth along the various agricultural value chains among others.

The renovation of the Produce Department Office will cost ₦128,532,743, Prince Oyelade stated in the statement, dated 15 May, 2025.

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