The Ogun State Government has mooted the idea of establishing a road fund to ensure that the investment of government in the infrastructural development of the state does not go down the drain.
Making the disclosure during the visit of the Consultant to the Federal Project Management Unit, overseers of the Rural Access And Agricultural Marketing Project (RAAMP), Engr. Okwudili Ikejiani, on Monday, Special Adviser to the Governor on Rural Development, Mr Wale Ogunyomade, said government was preparing a bill to the State House of Assembly to put legal backing to the proposed fund.
“We are doing a whole lot in the development of roads and other ancillary infrastructure in the state and it cuts across. The Governor in his wisdom has intimated us of the need to put up a road fund management component which will be deployed to maintaining the roads.
“In his calculation, the fund will be fashioned in the mould of the security trust fund, to be pulled from various stakeholders and managed by a private public partnership arrangement ” Ogunyomade disclosed.
The Rural Access and Agriculture Marketing Project (RAAMP) is a federal government guaranteed World Bank facility subscribed to by the Ogun State Government to ensure that dwellers have access to the hinterland to mitigate poverty.
Earlier in his remark, Engr. Ikejiani, who was on a two-day visit to strengthen the preparedness of the State for the take-off of the project, lamented the absence of road fund in the Country.
He blamed the collapse of most roads built by government across the tiers on lack of proper and adequate maintenance, just as he commended the Ogun State government for the imitative.
Meanwhile, the Consultant has thumped up the preparedness of the Ogun RAAMP State Project Implementation Unit (SPIU), advising that team work and adequate training would be needed for the optimal performance of the State on the project.