By Jimitota Onoyume
PORT HARCOURT—Integrated Logistics Limited, Indorama Petrochemicals and four other companies have collaborated with the Rivers State Government to raise N3 billion to fix six kilometres portion of Eleme to Onne end of the East West Road.
Speaking, yesterday, at the flag off ceremony in Eleme Local Government Area of the state, Governor Nyesom Wike said that the government had to approach companies doing business in the area to partner it to fix the deplorable portion of the road for the good of all, adding that it will be completed within two months.
He said that his administration had to come up with the idea to save the economy of the state as the road leads to major companies sustaining the economy of the nation.
“Because of this road, many companies threatened to pull out of the state. In the next two months when the road is completed, companies will start coming back. I plead with the contractor, RCC to do quality job. I thank the interest groups that have contributed to lessen the burden on road users. Imagine the man hour wasted on the road between Port Harcourt and here because of the bad state of the road. A trip that should not take less than 20 minutes, people spend about two hours because of the bad road.
“Wealth of the nation comes from here. We can’t wait for the Federal Government to come. So let us do this, take the bull by the horns. We have partnered the investors. God will bless all of you for collaborating with the Rivers State Government. RCC, we are handing over this road formally to you,” he said.
According to the memorandum of understanding signed yesterday at Indorama Petrochemicals Limited before the flag off ceremony, Integrated Logistics Limited will raise N1 million, Indorama Petrochemicals Limited N500 million, West African Container Terminal Limited N500 million, Port Harcourt Refining Company Limited N300 million , Nigerian Ports Authority, N200 million, Oil/Gas free zone N200 million, while the Rivers State government will contribute N300 million to the project.
All parties in the joint project are to pay their money to RCC, the road construction company handling the project. Rivers State Government and some of the companies said they had already made payment.
Governor Wike also explained that the life span of the repair work was a minimum of two years.
Managing Director, Idorama Petrochemicals Ltd, Mr Mannish Mundra lauded the state government for the initiative, saying that the road was a pain to companies operating in the area.
Chairman of Eleme council, Mr Philip Okparaji said the economy of the council had almost collapsed because of the deplorable state of the road.
He thanked the state government and the other partners that contributed to the project, assuring that his people will give maximum support to workers handling the project.