… Transfers loan request to Zenith Bank
The Rivers State Executive Council, Wednesday, approved contract for the construction of a link Road between Woji-Aleto-Alesa to the Port Harcourt Refinery.
Approval for the Road project which will cost Nine Billion, Five Hundred and Ninety-Nine Million, Three Hundred and Ninety-Four Thousand, Seven Hundred and Twenty–Five Kobo was given during the State Executive Council Meeting presided over by Governor Nyesom Wike at Government House, Port Harcourt.
The State Commissioner for Information and Communications, Pastor Paulinus Nsirim who announced this while briefing journalists at the end of the meeting said the Road project would be executed by Rafoul Nigeria Limited.
Nsirim said the approval of the project was in recognition of the infrastructural blue print of the Rivers State Government and its Urban Renewal Programme.
According to the Commissioner, the project will reduce the traffic usually experienced at the Akpajo junction along the East West Road, ease travel time and create employment for Rivers indigenes.
“This project will enhance municipality expansion as it will open the State to a vast expanse of land that can be used for industrial and estate developments in the near future.
“There will be an arithmetic increase in the ground rent revenue and taxes in the area in the near future.
“The Road will also open a corridor which will lead to the Onne Port, Indorama and the Port Harcourt Refinery and have a far reaching strategic advantage in the short, medium and long term.
“Hundreds of Rivers State indigenes will be engaged and employed throughout the duration of the project.
“It will reduce the traffic build up usually experienced at the Akpajo junction along the East West road and travel time to Khana, Gokana, Tai, Okrika and Ogu/Bolo Local Government Areas will be shorter,” he said.
Nsirim stated that the approval of the project is another demonstration of the people-oriented and visionary leadership of the Wike administration.
He noted that already the present government has carved a niche for itself in terms of infrastructure, emphasizing that the Woji-Aleto-Alesa to the Port Harcourt Refinery Road project is another landmark project.
Also speaking, the Special Adviser to the Governor on Special Projects, Dax George Kelly said the Road would be of immense socio-economic value to the State.
He said the 6.5 kilometer Road would start about 400 meters from the Woji Bridge and will have 200 meters of five span bridge across the creek and terminate at the Refinery.
“The Road will start about 400 meters from the existing Woji Bridge and then 200 meter of five span bridge across the creek and move into the virgin forest up to Aleto in Alesa community Eleme LGA to terminate at the Refinery.
“The road is 6.5 kilometers long and is a dual carriage. It will have asphaltic pavement concrete covering about 13 kilometers and the total width is about 20 meters, median inclusive.
“Both sides of the road will also have walkways of 1.5 meters each and drains of 1.2 by 0.5 meters spanning across the entire length of the road,” he stated.
He described the road as a bye- pass to the Akpajo East West Road.
Similarly, the Rivers State House of Assembly (RVHA) has granted the request of the State Governor, Nyesom Wike to divert the loan request earlier granted to access Eighteen Billion Naira from Access Bank to Zenith Bank.
The assembly, Wednesday, arrived at the decision following a letter from the governor which was read in plenary by the Speaker, Ikuinyi-Owaji Ibani.
Wike had in the letter said the reason for the diversion was the unfavourable condition attached to it by Access Bank.
After listening to debates on the request, the speaker divided the house and granted the approval.
