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Edo saves N14bn to execute capital projects

By Gabriel Enogholase
BENIN—EDO State governor, Comrade Adams Oshiomhole, has disclosed that his administration was able to save over N14billion to finance a wide range of capital projects, mostly roads, across the state due to  the tight expenditure control and elimination of wastage in public expenditure management introduced by his government.

“This saving was made without undermining our recurrent obligations, particularly salaries, which had even increased because of the massive employment we carried out concurrently,” he said.

The governor, who disclosed this while presenting the 2010 budget estimate to the State House of Assembly in Benin, said that in the area of procurement and contract award, his government conformed to the global best practices, adding that Edo State Tenders Board had been refocused to ensure value for money, competitiveness, competence and capacity to deliver in the choice of contractors and consultants.

Stressing that his administration would insist on this in the implementation of the 2010 budget, Oshiomhole  said the government was working with the World Bank to create a service-wide procedure for attaining value for money, prudence and transparency.

“The challenge is for all arms of government to key into the reform of public finance management so that together, we can curb waste and confront corruption. We need to appreciate that, as trustees of public funds, we are expected to demonstrate the highest level of integrity, fiscal responsibility and fiscal competence,” he said.

Comrade Oshiomhole announced the award of contracts for some roads in Benin City based on proper designs and the Storm Water Plan.

They include the construction of two additional service lanes on Oluku-Ugbowo-Uselu-Dawson-Akpakpava Road junction, the dualisation of Airport road, dualization of Sapele road and expansion of Akpakpava road.

Others are expansion of Uselu-New Lagos- Akpakpava road, Five junction and adjoining streets, dualisation of Siluko road, expansion of Oba market road, Dawson road, Stadium road, 2nd West Circular road, Constain –Isonoro and construction of primary drainage structure at Upper Siluko road area and  Teachers’ House area.


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