The Federal Executive Council (FEC) has approved 95.8 billion naira for reconstruction of the Akure/Ita Ogbolu- Iju/Ado-Ekiti road, linking Ekiti state to Ondo State road.
It was announced by the Minister of State for Works and Housing, Umar El-Yakub, after the council meeting chaired by President Muhammed Buhari.
The linking between the two states can be said to increase the production and availability of certain Agricultural products and boost the economic scale in the area of Agriculture, with both states well known for their Agricultural prowess.
The construction of the road was in favour of two companies with a stipulated timeframe for completion.
Section one of the road was in favour of Messrs Samchez Nigeria Limited and Messrs Horizon Construction Company Limited in the sum of N46,684,481,745.55 with a completion period of 24 months which is on the side of Ondo state.
Section two of the construction was awarded to Messrs Kopek Construction Limited at the cost of N49,295,088,593.98, with a completion period of 30 months which is on the side of Ekiti.
This reconstruction would be beneficial to both states in the area of growth and development of Commerce and as a stepping stone to more opportunities for the state, people and country.
