LIST OF AMOSUNS OVER INFLATED CONTRACTS Project: Sagamu/Benin Express Junction/ObaErinwole Road Contractor: P.W Nigeria Limited Contract Sum: N8,046,000,000.00 Amount Paid: N4,500,000,000. 00Outstanding Balance: N3,546,000,000.00 Project: Ilara/Ijohun/Ilase Road Contractor: P.W Nigeria Limited Contract Sum: N13,500,000,000.00Amount Paid: N2,500,000,000.00Outstanding Balance: N11,000,000,000.00 Project: Ejirin-Oluwalogbon Junction Contractor: P.W Nigeria Limited Contract Sum: N6,698,490,827.58 Amount Paid: N2,000,000,000.00 Outstanding Balance: N4,698,490,827.28 Project: Ilo Awela Road Contractor: CCECC Contract Sum: N4,946,069,512.58 Amount Paid: N2,000,000,000. 00 Outstanding Balance: N2,946,069,512.58 Project: OGTV brewery Junction Road Contractor: CCECC Contract Sum: N13,886,000,000.00 Amount Paid: N4,500,000,000.00Outstanding Balance: N9,386,000,000.00 Project: Lafenwa Aiyetoro Road Contractor: CCECC Contract Sum: N6,500,000,000.00 Amount Paid: N1,000,000,000.00 Outstanding Balance: N5,500,000,000.00 Project: Ojere-Adatan Roundabout Contractor: CCECC Contract Sum: N7,832,704,250.00 Amount Paid: N2,400,000,000.00 Outstanding Balance: N5,432,704,250.00 Project: Ikangba/Ilese Road Contractor: P.W Nigeria Limited Contract Sum: N12,000,000,000.00 Amount Paid: N0.00 Outstanding Balance: N12,000,000,000.00 Project: Abeokuta-Sagamu Road Contractor: CCECC Contract Sum: N60,000,000,000.00 Amount Paid: N0.00Outstanding Balance: N60,000,000,000.00 Project: Mowe-Ofada-Ibafo Road Contractor: CCECC Contract Sum: N13,250,000,000.00Amount Paid: N1,500,000,000.00 Outstanding Balance: N11,750,000,000.00 Project: Sango/Ijoko/Ojodu-Abiodun Road Contractor: CCECC Contract Sum: N34,982,553,167.40 Amount Paid: N2,000,000,000.00Outstanding Balance: N32,982,553,167.40 Project: Moshood Abiola Way Contractor: Hi-Tech Contract Sum: N5,950,000,000.00 Amount Paid: N2,000,000,000. 00 Outstanding Balance: N3,950,000,000.00 Project: Papa/Ilaro RoadContractor: Hi-Tech/CCECC Contract Sum: N12,852,560,509.49 Amount Paid: N0.00Outstanding Balance:N12,852,560,509 .49 Project: Ilishan/Ago-Iwoye Road Contractor: Borini Prono Contract Sum:N7,321,970,000.00 Amount Paid: N2,000,000,000.00 Outstanding Balance: N5,321,970,000.00 Project: Magboro Under Pass Road Contractor: First August Contract Sum: N3,321,970,000.00Project: Moshood Abiola Way/Muda Lawal Stadium Road Contractor: First August Contract Sum: N686,482,500.00 Amount Paid (For both contacts): N436,500,000.00Outstanding Balance (For both contracts): N3,404,427,925.00 Project: Ijebu Igbo Township Road Contractor: Borini Prono Contract Sum: N7,900,000,000.00 Amount Paid: N0.00 Outstanding Balance: N7,900,000,000.00 Project: Fly Over-Bridge @ Lagos Garage Contractor: Kepxing Contract Sum:N1,389,655,120.00 Amount Paid: N1,194,827,560.00 Outstanding Balance: N194,827,560.00 Project: Fly-Over Bridge @ Mobalufon Contractor: Kepxing Contract Sum: N1,389,655,120.00 Amount Paid: N1,194,827,560.00Outstanding Balance: N194,827,560.00 Project: Bridge Over Yakoyo River Contractor: Kepxing Contract Sum: N3,164,447,582.10 Amount Paid: N510,344,880.00 Outstanding Balance: N2,654,102,702.10 Project: Bridge Over Abule Ekun River Contractor: Veapo Contract Sum: N3,863,640,028.50 Amount Paid: N500,000,000.00Outstanding Balance: N3,363,640,028.00 Project: Moriamo Olorombo Road Contractor: SKTOBS Contract Amount: N146,000,000.00 Amount Paid: N20,000,000.00 Outstanding Balance: N126,000,000.00 Project: Somorin/Ajebo RoadContractor: Zebra Gold Contract Amount: N3,610,550,000.00 Amount Paid: N0.00 Outstanding Balance: N3,610,550,000.00 Total Sum of Contract awarded – N233,762,706,542.35 Total Amount Paid as @ 31st December 2013 –N30,256,500,000.00 Total Outstanding Balance owed only to Road Contractors as @31st December 2013 – N203,506,206,542.35 Billion naira Now, the fact is that all these outstanding debts, loans from banks including interest, salaries owed to some parastatals and higher institutions etc in Ogun state stood at over #300billion naira till date in just four years of Amosun as the Governor of Ogun state. It will only take the Grace of God for any administration to repay this loan and the interest it carries. We need the best new team of tecnocrats and sophisticated people to drive Ogun state out of the jungle of pathetic indebtedness To me, Amosun for no reason doesnt deserve another term in office and this should be a collective decision of Ogun state citizens to vote Amosun out of office in order to save our state for abject mortgage and penury. If this is to be, it is up to us. Ogun state belongs to all of us and we must join hands together to make it great again. We must say no to Tyranny, cluelessness and quackery in governance. Just BELIEVE and Ogun state shall continue to be Great Again. #AMG
Posted on: Tue, 13 Jan 2015 22:54:17 +0000
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