The News Chronicle
  • About Us
  • Advert Rates
  • Contact Us
  • Privacy Policy
Monday, August 15, 2022
  • Login
Advertisement
  • News
    • Breaking
    • Business
    • Celebs
    • Sports
    • Africa
    • Technology
    • World News
    • Interviews
  • Social Diary
    • Events
  • Columns
    • Monday
    • Tuesday
    • Wednesday
    • Thursday
    • Friday
    • Sunday
    • Opinions
    • Editorial: Our Stand
  • TNC TV
  • Interviews
  • Books
    • Reviews
    • Author Profiles
  • Entertainment
  • Gist
  • Gossip
No Result
View All Result
  • News
    • Breaking
    • Business
    • Celebs
    • Sports
    • Africa
    • Technology
    • World News
    • Interviews
  • Social Diary
    • Events
  • Columns
    • Monday
    • Tuesday
    • Wednesday
    • Thursday
    • Friday
    • Sunday
    • Opinions
    • Editorial: Our Stand
  • TNC TV
  • Interviews
  • Books
    • Reviews
    • Author Profiles
  • Entertainment
  • Gist
  • Gossip
No Result
View All Result
The News Chronicle
No Result
View All Result
  • News
  • Social Diary
  • Columns
  • TNC TV
  • Interviews
  • Books
  • Entertainment
  • Gist

Path Homepage » News » Inflation: Delta reviews projects’ costs

Inflation: Delta reviews projects’ costs

Merit Ugolo by Merit Ugolo
July 20, 2022
in News
Reading Time: 3 mins read
A A
Open Grazing Bill: Delta Assembly holds public hearing July 26
Share on FacebookShare on TwitterShare on Whatsapp

The Delta State Government on Tuesday announced approval of upward review of the cost of some ongoing projects in the state.

Mr Olisa Ifeajika, Chief Press Secretary to Governor Ifeanyi Okowa announced this while briefing journalists at the end of the State Executive Council meeting presided by the governor in Asaba.

RelatedPosts

BREAKING: Ruto Wins Kenyan Presidential Election

BREAKING: Ruto Wins Kenyan Presidential Election

August 15, 2022
The sell-off continues as losses push the indices down by N28 Billion

The sell-off continues as losses push the indices down by N28 Billion

August 15, 2022
NCC charges MNOs and ISPs for alternative energy as the price of fuel rises

NCC charges MNOs and ISPs for alternative energy as the price of fuel rises

August 15, 2022

Ifeajika explained that the review became necessary sequel to sustained request by contractors who had complained of rising cost of materials and inflationary tendencies in the nation’s economy as well as additional works introduced on the projects.

According to him, the council reached the decision to approve the upward review over the projects to ensure that they were completed as scheduled.

He listed some of the projects as Phase I and Phase II of Flood Control Measures in Uwvie and Effurun, whose values were reviewed from the contract of N7.46billion to N8.4billion and from N7.24 billion to N9.06 billion, respectively.

“In Asaba, the council approved an upward review of the rehabilitation of Onaje Street, Nwanze Street and Kwekeagbo Street by N899.50 million, from N334.99 million to N1.23 billion.

President Buhari Mourns Jigawa Apc Stalwart, Says A Good Man Has Been Lost
Trending
President Buhari Mourns Jigawa Apc Stalwart, Says A Good Man Has Been Lost

“The access road to Federal Housing Estate in Ugboroke in Uwvie Local Government Area has been reviewed from N525.41million to N656.45 million, and the Ekuku-Agbor and Obi-Agbor roads contract was reviewed upward, from N1.36 billion to N1.60 billion.

“At Dennis Osadebay University, Asaba, the construction work at the Faculty of Agriculture got an upward review to the sum of N3.62 billion from initial cost of N1.8 billion, largely due to additional works on the projects and high cost of materials.

“The council also approved the upward review of the contract value for the construction of James Ezechi Street in Okpai in Ndokwa East Local Government Area from the cost of N662.07 million to N799.81 million.

“Also approved, is the replacement of Niki Tobi Road with Esanma Grammar School Road in the contract for the construction of Esanma Grammar School Road and Market Road in Bomadi Local Government Area and its re-appraisal from N506.83 million to N706.21million,” Ifeajika said.

The governor’s spokesman added that the executive council ratified the variation of prices of the contract sum of the flyover at Koka junction, Asaba, on the Asaba-Benin Expressway to a new rate of N10.35 billion from N9.77 billion.

“Also, an upward review of drainage channels in Owa-Alero and its environs from N5.99 billion to N8.08 billion was approved.

“The construction work on the flood control channel by St Patrick’s College, West End Secondary School, Uche Medua Ugeh Close to Amilimocha Stream in Asaba has been reviewed upwards from N3.20 billion to N5.68 billion.

“Also reviewed is the Sector C2 of the Ughelli-Asaba dual carriage way, which went up to N13.56 billion from N12.47billion.

NDLEA uncovers 442 parcels of Crystal Meth in heads of smoked fish in Lagos as returnee excretes 77 wraps of Cocaine at Enugu airport
Trending
NDLEA uncovers 442 parcels of Crystal Meth in heads of smoked fish in Lagos as returnee excretes 77 wraps of Cocaine at Enugu airport

“Exco also reviewed the construction of Oviri-Olomu and Egodor road in Ughelli South and Burutu Local Government Areas by N1.04 billion, from N1.86 billion to N2.91billion,” he said.

Ifeajika further said that Exco gave approval for the re-award of contract for abandoned construction of Udu Harbour Market in Udu, with 600 lock-up stores, police post, bank, administration office, warehouse, borehole, abattoirs, slaughter ground, cattle ranch, external electrification, three gatehouses, generator and four toilets at a total cost of N2.52 billion, including consultancy fee.

“A fresh approval was given for the construction of internal roads in Kokori, Ethiope East Local Government Area at the cost of N569.02 million.

“There’s is also an approval for a cottage hospital in Ovwor-Olomu, Ughelli South at the cost of N375.92million.

“There was also an approval of the construction of Achoja-NTA road in Ekiugbo, Ughelli North Local Government Areato the tune of N675.70 million, to be executed in 12 months.

“Exco also gave approval for construction of a road linking Ibusa and Okpanam from Okpanam junction on the Asaba-Benin Highway to Asaba-Ibusa Road at the cost of N4.16 billion and directed that the contract should be awarded.”

Ifeajika also told journalists that Exco approved the implementation of second phase of Delta State Youth Empowerment Programme (ICT-YEP) under the Ministry of Science and Technology for 575 persons to be selected on the basis of 23 persons from each of the 25 local government area in the state.

He stated that Ordinary National Diploma (OND) is the minimum qualification for the Self-Employment segment of the programme while HND and first degree are minimum for the Start-Up Academy category.

This pain is too much for me, leave Manchester United, Mr Macaroni tells Ronaldo
Trending
This pain is too much for me, leave Manchester United, Mr Macaroni tells Ronaldo

“Exco also ratified an earlier approval by the governor for the release of N300 million for accreditation of programmes at the Delta State School of Marine Technology, Burutu.” he stated.

Hot Gist

  • “The precise mechanism of action in chloroquine is poorly understood”, Pharmacist Iniobong Usen
  • The Story Vault. #1. Love
  • Sunday Reflections
  • Catherine M. O’Meara’s Optimism in Crisis, and Comparison between the 1918 and 2019 Pandemics

Tags: Delta budget

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

Our Brother was Killed Despite N15m Ransom Paid To Abductors- Family of Beheaded Anambra Lawmaker Reveals

Next Post

Okowa mourns Orosuen of Okere-Urhobo  

Related Posts

BREAKING: Ruto Wins Kenyan Presidential Election

BREAKING: Ruto Wins Kenyan Presidential Election

August 15, 2022
The sell-off continues as losses push the indices down by N28 Billion

The sell-off continues as losses push the indices down by N28 Billion

August 15, 2022
NCC charges MNOs and ISPs for alternative energy as the price of fuel rises

NCC charges MNOs and ISPs for alternative energy as the price of fuel rises

August 15, 2022
Dangote Cement and the host communities collaborate on development projects

Dangote Cement and the host communities collaborate on development projects

August 15, 2022
Strike: Redirect presidency, NASS budgets, others to meet ASUU’s demands, SERAP tells Buhari

Allow 7m Nigerians to complete voter registration or face legal action, SERAP tells INEC

August 15, 2022
President Buhari Mourns Jigawa Apc Stalwart, Says A Good Man Has Been Lost

President Buhari Mourns Jigawa Apc Stalwart, Says A Good Man Has Been Lost

August 15, 2022
Next Post
Okowa mourns Orosuen of Okere-Urhobo  

Okowa mourns Orosuen of Okere-Urhobo  

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

What's New?

Watching Self From The Outside
Opinions

Watching Self From The Outside

by Jarlath Opara
August 15, 2022
0

I have always had this feeling of being caged and trapped inside. The desire to jump out of this bodily...

Read more
D’Tigers move up the log in FIBA rankings

FIBA World Cup qualifiers: D’Tigers Head Coach Mike Brown invites 15 players to camp

August 15, 2022
BREAKING: Ruto Wins Kenyan Presidential Election

BREAKING: Ruto Wins Kenyan Presidential Election

August 15, 2022
Prev Next
The News Chronicle

© 2022 The News Chronicle

Navigate Site

  • About Us
  • Advert Rates
  • Contact Us
  • Privacy Policy

Follow Us

No Result
View All Result
  • News
    • Breaking
    • Business
    • Celebs
    • Sports
    • Africa
    • Technology
    • World News
    • Interviews
  • Social Diary
    • Events
  • Columns
    • Monday
    • Tuesday
    • Wednesday
    • Thursday
    • Friday
    • Sunday
    • Opinions
    • Editorial: Our Stand
  • TNC TV
  • Interviews
  • Books
    • Reviews
    • Author Profiles
  • Entertainment
  • Gist

© 2022 The News Chronicle

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

News updates based on facts and evidence.