*Says N220bn to be injected into road projects in 2025*
UYO- GOVERNOR Umo Eno of Akwa Ibom state has disclosed that the sum of N50 billion would be released to contractors to ensure they stay back during the Christmas vacation and complete their projects.
Eno who declared this on Monday at the occasion of the groundbreaking ceremony for the Aviation Village located at the Victor Attah International Airport, promised to set up a project monitoring team to ensure contractors comply with the directives.
He explained that with the State’s challenging weather it was critical for all contractors handling projects in the state o maximize the dry season.
“We are releasing 50 billion naira into the hands of contractors to ensure they don’t go on Christmas vacation. We will only pay contractors who sign undertakings to stay back and complete their projects.
“Also we are injecting over 220 billion naira into road projects in next year’s budget, making Akwa Ibom a construction hub for major projects. By 2025, we aim to consolidate these efforts,”, the governor said
Governor Eno who reiterated his administration’s commitment to enhancing aviation infrastructure to ensure Akwa Ibom retains its leadership in the sector, added, “We are reaffirming our commitment to making Akwa Ibom the aviation hub of Nigeria,”
He commended RAS Premium Construction Limited for its swift mobilization and site preparation, noted, “This site was once a bush, but you have transformed it. Your dedication is evident, and I encourage you to remain on-site because you won the bid and have met our conditions.”
While explaining the sack oof the Managing Director of Ibom Power Company, Engr. Meyen Etukudo, the Governor said, “I’m setting up a probe panel to investigate the power company’s activities to determine why it is running at a loss and owing the gas supplier.
“Any government investment that fails to yield profit will result in the MD’s removal. I don’t care about blackmail. It’s time we started reaping from our investments. We cannot keep investing the people’s money in projects that yield no results. That’s not how I was raised,”
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In his remarks, Chairman of Ibom Airport Development Company, Dr. Iniobong Essien commended the Governor’s aviation-friendly policies, describing the Aviation Village project as innovative and transformative for the sector.