Contrary to falsehood being peddled around social media, the ongoing flyover project in lokoja is a CONTRACTOR FINANCED project. The contractor TEC ENGINEERIG has sourced the funds required from China and has given the state a long repayment period.
The project is estimated to cost 4.6b and is expected to be completed in 18 months.

"This is not a project where we pay mobilization or advance payment. They are going to start the work. They have the equipments, the technical manpower. It's contractor financed. So it is a window of opportunity we cannot afford to miss. This project belongs to Kogi State, it doesn’t belong to me", Wada said.

In his remark, the state commissioner of Works, Arc. Godwin Onamah, said the process for procurement of the project began about a year ago and it was testament of the novel method of governance that the capt Wada administration brought to the state.

It will be recalled that the Wada administration has placed private public partnership on the front burner since inception. It passed the public private partnership law in 2013 and has since then gone on to negotiate over 42 ppp arrangements that are at various stages of completion. Top of these projects is the 11 storey kogi house project in abuja which when completed will shore up the revenue generating project of kogi state.

cc lalasticlala obynoscopy Ishilove Semid4lyfe

Come and see oooo Lalasticlala

Kogi state which is the only state in Nigeria bordered by ten other states therefore conferring on her capital, Lokoja, the opportunities of a transport hub. Exploiting this opportunity was a major consideration by the Idris Wada led administration when it conceived the idea for the Lokoja Mega Terminal.

Right behind the park is the state's first modern abbatoir- all initiated by Gov Wada

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Lol

nomi007:
Top of these projects is the 11 storey kogi house project in abuja which when completed will shore up the revenue generating project of kogi state.

cc lalasticlala obynoscopy Ishilove Semid4lyfe

How?

You see that truck in the first pics, it looks like RCC: Reynolds Construction Company.



This might as well be another false old news.