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OSOPADEC Spends N4bn on Abandoned Ondo Riverine Projects

cryptonews100_tggfrn by cryptonews100_tggfrn
June 19, 2026
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OSOPADEC Spends N4bn on Abandoned Ondo Riverine Projects
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The Ondo State Oil Producing Areas Improvement Fee stated it has spent over N4bn to finish deserted initiatives throughout riverine communities in Ondo State.

The Director of Mission Monitoring, Dipo Aluko, disclosed this on Wednesday throughout an inspection tour of accomplished initiatives by the fee.

He stated the finished initiatives accounted for over N4bn in finances execution, noting that a number of infrastructure initiatives had been delivered throughout the mandate areas.

“The finished initiatives accounted for over N4billion within the finances execution. We’re speaking about billions of naira. The concrete touchdown walkways are, on common, between N45 million and N50 million every, and now we have accomplished 4 of them. The Obenla concrete walkway alone prices N1.7 billion and has been accomplished, ” Aluko said.

Additionally talking, the OSOPADEC Chairman, Olabiyi Poroye, stated the initiatives had been inherited from earlier administrations however promised that the fee would guarantee their completion and supply.

He listed a few of the accomplished and ready-for-inauguration initiatives to incorporate the Normal Hospital at Agadagba-Obon, the one-kilometre Igbotu Township Highway, a 1,000-metre concrete walkway with jetty at Obenla, and a number of other touchdown walkways throughout Ilaje and Ese Odo Native Authorities Areas.

Poroye stated the fee intentionally prioritised completion of inherited initiatives earlier than embarking on new ones, describing it as mandatory for continuity and growth.

“Precisely one 12 months in the past, we accepted the duty of main OSOPADEC with a promise that the assets entrusted to us can be translated into seen initiatives, improved livelihoods and renewed hope for our individuals. As we speak, we will confidently say that now we have stored religion with that promise,” he added.

He added that the fee had additionally commenced new initiatives, together with a Naval Safety Submit with walkways at Atijere, Aboto-Atijere Highway, Omuro Worldwide Market in Ode-Ugbo, the Faculty of Maritime Transport and Logistics in Ugbo-Nla, and a sedimentation tank on the Aboto Water Remedy Plant.

Poroye, nonetheless, famous that funding constraints remained a significant problem, however stated the state authorities had continued to assist the fee.

“Now we have restricted assets. We’re coping with 40 p.c derivation. Now we have challenges of trying into the background and construction of the fee and seeing a variety of initiatives that ordinarily wouldn’t have been replicated in the identical surroundings, however now now we have no selection however to finish a few of these initiatives,” he said.

The Everlasting Secretary of OSOPADEC, Adewale Omomowo, counseled the alternative of wood walkways with concrete constructions, describing the event as an enchancment in security and infrastructure supply.



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