Governor Seyi Makinde of Oyo State on Monday announced the revocation of the Moniya-Iseyin road contract awarded by the immediate past government led by Senator Abiola Ajimobi for an alleged N7 billion.
Noting that the road was central to the government’s resolve to promote agribusiness, Makinde said “the previous government awarded the contract to an Engineering firm that did not have capacity to handle the project”.
He added that even though the owner of the firm was known to him, he could not mix friendship with the business of governance.
A statement by the Chief Press Secretary to the Governor, Mr. Taiwo Adisa, quoted his principal as saying that the “contract was revoked” to enable him “address the challenges of moving farm produce around the state”.
The Governor added that “the state government would go ahead to re-award the contract”, noting that, “when completed, the road would redress the challenges of moving farm produce from Oke Ogun area to Ibadan, the state capital.”
Makinde maintained that Oyo was ready for agribusiness, stressing that since his administration had promised to expand the state’s economy through agribusiness, the state was set to turn farm settlements around.