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Oyo approves rehabilitation of Ibadan-Iseyin road, others for 7bn
Oyo State Executive Council has approved the rehabilitation of the 65km Moniya-Ojutaye-Iseyin Road for the sum of Six Billion, Nine Hundred and Fifty Two Million, Five Hundred and Sixty Five Thousand and Seventy Four Naira, Ninety Seven Kobo Only (6,952,565,074.97), saying that the project is expected to be completed in 18months.
The Council also approved the 3.6 km Phase 1 Asphaltic Rehabilitation/Construction of Baptist Grammar School Junction (Idi-Ishin)-Agbofieti-All Saints College-Itafaji-Wire and Cable Junction Road Ibadan for the sum of One Hundred and Twenty Million Naira only (N120,000,000).
The State Commissioner for Information, Culture and Tourism, Mr. Toye Arulogun, who disclosed these in Ibadan on Thursday said that the Executive council also approved the supply and installation of Solar powered Street lights along Dandaru/Parliament Road junction to secretariat Roundabout to Government House/SUBEB Junction (lot 1) at a cost of N94,607,463.89 and 110/Odo-Ona Roundabout to Liberty Road/Ring Road Roundabout Junction (lot 2) at a cost of N50,521,628.37.
He stressed that the cost of the two projects (lot 1 & 2) amount to a total sum of One Hundred and Forty-Five Million, One Hundred and Twenty-Eight Thousand, Nine Hundred and Twenty-Seven Naira, Seventy-Eight Kobo (N145,128,927.78).
Arulogun stated that the 65km Moniya-Ojutaye-Iseyin road has been awarded to M/S Oladiran Engineering and Trade Nigeria Limited, explaining that the contractor was picked after careful evaluation for both technical and financial responsiveness by the state Consultants on Road Projects under the leadership of Reyog International Nigeria Limited.
He pointed out that 30% of the contract sum will be paid to the contractor as advance payment subject to the provision of an open-ended advance payment guarantee from a reputable bank.
The commissioner said that the road will boost both intra and intercity transport links, improve trade, drastically reduce intercity transport connection, encourage trade and investment as well as to generally bring about better socio-economic development to the citizenry, noting that this is in line with the Governor Abiola Ajimobi’s philosophy to decongest traffic at all entrances and exits to the state as part of the massive infrastructural development going on in the state.
The Government spokesman added that the Phase 1 Asphaltic Rehabilitation/Construction of Baptist Grammar School Junction (Idi-Ishin) to Itafaji-Wire and Cable Junction will be handled through direct labour by the state Ministry of Works and Transport, assuring that the 4.0km phase of the road will be executed after the completion of phase 1.
Mr. Arulogun said that the contract for the supply and installation of solar–powered street lights has been awarded to Messrs. Technosound Global Investment Limited, saying that the supplier will be mobilized with 60% of the contract sum and the balance of 35% paid after the successful completion of the project while the 5% Retention fee will be released after six months of defect liability.
He said that all the projects were approved after due process has been followed, adding that the government will ensure that they are executed according to specifications and in consonance with international best practices.
News
Ford Trims Workforce: 4,000 Jobs to Go in Europe
US car giant Ford on Wednesday announced 4,000 more job cuts in Europe, mostly in Germany and Britain, in the latest blow to the continent’s beleaguered car industry.
“The company has incurred significant losses in recent years,” Ford said in a statement, blaming “the industry shift to electrified vehicles and new competition”.
The move will affect 2,900 jobs in Germany, 800 in the UK and 300 in western Europe by the end of 2027, a Ford spokesman told AFP.
“It is critical to take difficult but decisive action to ensure Ford’s future competitiveness in Europe,” said Dave Johnston, Ford’s European vice-president in the statement.
The company also said it was adjusting the production of its Explorer and Capri models, resulting in reduced hours at its Cologne plant in the first quarter of 2025.
Europe’s car industry has been plunged into crisis by high manufacturing costs, a stuttering switch to electric vehicles and increased competition in key market China.
Germany’s Volkswagen has been among those hardest hit, announcing in September that it was considering the unprecedented move of closing some factories in Germany.
“The European automotive industry is in a very demanding and serious situation,” Volkswagen CEO Oliver Blume said at the time.
Ford had already announced in February 2023 that it was planning to cut 3,800 jobs in Europe, including 2,300 in Germany and 1,300 in Britain.
The company said then it was planning to reduce the number of models developed for Europe, concentrate on the profitable van segment and speed up the transition to electric vehicles.
Ford currently has around 28,000 employees in Europe with 15,000 in Germany, according to the company’s works council.
News
Tinubu Dissolves UNIZIK Council, Sacks VC, Registrar, Otukpo Pro-Chancellor
President Bola Tinubu has approved the dissolution of the Governing Council of Nnamdi Azikiwe University (UNIZIK), Awka, Anambra State, and the removal of the institution’s Vice-Chancellor, Prof. Bernard Ifeanyi Odoh, and Registrar, Mrs. Rosemary Ifoema Nwokike.
The council, chaired by Ambassador Greg Ozumba Mbadiwe, comprised five other members: Hafiz Oladejo, Augustine Onyedebelu, Engr. Amioleran Osahon, and Rtd. Gen. Funsho Oyeneyin.
A statement released on Wednesday by presidential spokesperson, Bayo Onanuga, revealed that the council was dissolved following reports of procedural violations in appointing the vice-chancellor.
According to the statement, the council had allegedly appointed an unqualified candidate, disregarding due process, which triggered tensions between the university’s Senate and the council.
The Federal Government expressed dismay over the council’s actions, emphasizing the need for adherence to the university’s governing laws in decision-making.
“The council’s disregard for established rules necessitated the government’s intervention to restore order to the 33-year-old institution,” the statement noted.
In a related development, President Tinubu also approved the dismissal of Engr. Ohieku Muhammed Salami, the Pro-Chancellor and Chairman of the Governing Council of the Federal University of Health Sciences, Otukpo, Benue State.
Salami was accused of suspending the university’s Vice-Chancellor without following the prescribed procedures, a move the Federal Ministry of Education had previously directed him to reverse.
Despite the Ministry’s directives, Salami reportedly refused to comply and resorted to issuing threats and abusive remarks towards the Ministry’s officials, including the Permanent Secretary.
The Federal Government reiterated that the primary role of university councils is to ensure the smooth operation of academic activities, strictly adhering to the laws establishing each institution.
Tinubu warned university councils against engaging in actions that could destabilize their institutions, as his administration remains committed to enhancing the nation’s education system.
News
Ekiti Workers to Earn N70,000 Minimum Wage as Govt Signs MoU with Unions
The Ekiti State Government has reached an agreement with labour leaders in the state, signing a Memorandum of Understanding (MoU) for the payment of the N70,000 minimum wage approved by the Federal Government.
Addressing journalists at a brief ceremony in Ado-Ekiti on Tuesday, the Head of Service (HoS), Dr. Folakemi Olomojobi, announced that the payment would commence immediately.
She lauded Governor Biodun Oyebanji for prioritizing the welfare of workers despite the state’s limited resources.
“This development demonstrates the governor’s commitment to improving the livelihood of our workers,” Dr. Olomojobi stated, highlighting the proactive measures taken by the administration to ensure prompt implementation.
In their remarks, the Trade Union Congress (TUC) Chairman, Comrade Sola Adigun, and the Nigeria Labour Congress (NLC) Chairman, Comrade Olatunde Kolapo, expressed their appreciation to Governor Oyebanji for fulfilling his promises to workers.
They confirmed that the new minimum wage would apply to all cadres, including employees in ministries, parastatals, agencies, and pensioners.
The Chairman of the Joint Negotiating Committee (JNC), Comrade Femi Ajoloko, described the implementation as a fair and commendable adjustment.
“This decision reflects the governor’s magnanimity and his dedication to fostering a productive workforce in Ekiti State,” he said.
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