The Government of Rivers State has said that the funding of the approved N225.1 billion Trans-Kalabari Road project will be from the Internally Generated Revenue (IGR) and allocations from FAAC.
This followed approval for the construction of the road given during a State Executive Council meeting, presided over by Governor Siminalayi Fubara, and attended by the Deputy Governor, Prof Ngozi Odu, and other members of the council.
Shortly after the council meeting, the Rivers State Commissioner for Information and Communications, Warisenibo Joseph Johnson, stated that the project would be funded with savings from the Internally Generated Revenue (IGR) and allocations from FAAC.
He stated that a 30 percent mobilisation fee has already been paid for the project that has a completion period of 32 months, adding that the contractor is expected to move men and materials to site immediately.
He explained that the “road will pass through the swamps behind the Ignatius Ajuru University of Education in Rumuolumeni, moving southwards towards the first bridge crossing. The road continues through a series of bridges. That road will run, connecting many communities up to Tombia Town.”
He also observed that the state had recorded some giant strides in the sporting sector with Rivers United defeating Katsina United 4-2 to become champions of the maiden Nigeria Premier Football League U17 Youth League.
“And we also came first in the Male and Female National Beach Volleyball competition. While the male team emerged as first, the female clinched second position.
“We also came tops in the National Open Chess Competition. We have our daughter, Queen Dan Jumbo, she came first and was the best women player.
“On the National Open Table Tennis Championship, Rivers State came first, with 3 gold medals and best overall team.
“And Rivers Hoppers Basketball Club has also qualified for the final phase of the NBA competition in Kigali, Rwanda. It’s actually an exploit we’ve made on the continent. We came tops and the team will be here from the 24th May to 1st of June for us to face Rwanda.”
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