For very good reasons, those into contract business in the state of harmony were penultimate week in a celebration mood as the state governor, Alhaji Abdulfatah Ahmed approved the release of N937, 572, 974.09 to contractors handling various infrastructural projects across the state.
The amount represents the third quarter payment under the Kwara Infrastructure Development (IF-K) payment grid for completed, ongoing and new projects.
News of the approval was conveyed by the state Commissioner for Finance, Alhaji Demola Banu who stated that the payment would be made to the contractors in September.
Banu, who noted that the release of the funds is to ensure that the ongoing projects and new projects are completed on schedule, added that the money will also cover payment for some completed projects.
He listed some of the beneficiary projects to include construction of the Arandun-Rore Ipetu road, Ilesa-Baruba-Gwanara road, Share-Oke Ode road (section 1 & 2), Arobadi-Megida road, Offa-Ira road, Ilala bridge, Erin Ile-Ilemona road, College of Engineering Building (phase 1) and the construction of Oko Idofin-Odo Ase road.
Others are rehabilitation of Egbejila road, Ilorin; Oke-Opin township road, Anilelerin-Ita Erin road, Offa; Old Garage Central Mosque Mission road, Agbabiaka Road, Gaa Akanbi Ilorin, Offa-Ipee Road, Ilorin water supply and reticulation network, channelization network of Ita-Alamu village as well as the ongoing repositioning of the state-owned media houses.
The Commissioner revealed that after all the scheduled payments for September are made, eight additional projects would have been fully paid off and dropped off the IF-K payment grid.
He called on the contractors handling the various ongoing projects spread across the State to fast-track their completion and make sure that the projects are executed in accordance with contractual agreement and specifications.