Osun Did Not Receive N48bn Refund On Roads – Finance Commissioner


*says total contract sum is N38bn

By; BAYO AKAMO, Ibadan

Osun State Commissioner for Finance, Mr Bola Oyebamiji on Saturday, said the administration of Governor Adegboyega Oyetola has not received  N48 billion  from the Federal Government as refund on federal roads constructed within the State.
The Commissioner who made the clarification in a statement on a claim he described  as ” untrue, misleading and capable of creating disharmony, strife and bad blood within the progressive family in the state.
According to the Commissioner, contrary to the said claim, the total contract sum is N38 billion , adding, how would the Federal Government make a refund that was far above the contract sum.
Specifically, Mr Oyebamiji pointed out that the total refund by the Federal Government to Osun state ” as at today, in three tranches, stand at N11.9bn based on the project delivered by the contractors. “
He stressed that the ” refund was expended on four road projects inherited from the previous administration as against the claim that the refund was being used to pay full salaries to civil servants in the state.
“The total contract sum of all the federal road projects embarked upon by the Osun State Government, as approved by the Federal Ministry of Works, is N38 billion. It therefore stands logic on its head to claim that the sum of N48billion will be paid by the FG for projects whose total contract sum equals N38billion”, he said.  Mr Oyebamiji added, ” the projects in question, as at November 2018, on the average, was less than 35% completion. Available records show that the Osun State Government awarded the 29km Gbongan – Akoda dualization project in 2013 for N29bn while the 40km Osogbo – Ikirun – Ila Odo Kwara boundary was awarded for N17.5bn in the same year, making both projects to amount to N46.5bn as proposed by Osun State Government”.
“However, after due diligence and thorough assessment by the FG Public Procurement Agency, the contract sum was reviewed downward thus: Gbongan – Akoda road at N23bn, and Osogbo – Ila Odo road at N15bn respectively to carry the approved award contract sum of N38bn for all the ongoing FG roads under construction. This review was duly communicated to the Osun State Government.
“As at November 2018, the contractor handling Gbongan – Akoda road project had received a total sum of N10.2bn, out of which 3.5km of the 29km stretched road has been completed including the Gbongan Interchange and the project was at 29% completion, while the contractor handling the Osogbo – Ila Odo road collected a total sum of N9.2bn, with 49% completion rate. 
According to the Commissioner for Finance, ” the implication is that the Osun State Government had paid both contractors the sum of N19.4bn as at November 2018. Similarly, the total refund by the FG to the state as at today, in three tranches, stood at N11.9bn based on the project delivered by both contractors” . 
“It is imperative to state that the FG refund of N11.9bn has been judiciously utilized and ploughed back into four (4) inherited road projects embarked upon by the previous administration contrary to the unsubstantiated claims that the refund is being used to pay full salaries to civil servants in the state.” 
He stated further, ” as at today, Gbongan – Akoda road project is at 36% completion stage, with 8.6km asphalted on both sides of the road. Also, the Osogbo – Ila-Odo project which was 49% in November 2018 is now at 55% completion. Oba Adesoji Aderemi road which was equally inherited at 65% completion is at 74% now and Ilesa – Iperindo – Ipetu Ijesa road project rose from 40% to 66% completion stage”. 
Mr Oyebamiji added, ” it is also instructive to note that since the advent of Oyetola administration, additional 60km of road had been reconstructed and fully completed, with another 10 township roads presently under construction. These are expected to be completed before the end of 2021, including the Iconic Olaiya flyover.”
He then urged “well- meaning Osun citizens to endeavour to verify all information before publication and dissemination to ensure a peaceful and healthy political atmosphere for all and sundry. “


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