Oyo Contractor To Deliver 10,000 Metric Tonnes Of Silo As Parties Opted For Out Of Court Settlement




Oyo State Government has directed that the 10,000 metric tonnes of silo project at Aawe in Oyo township be completed by the Contractor, Rahvet International Limited.


This directive is issued to the contractor handling the project by governor Seyi Makinde who was represented at the peace pact by the honourable commissioner for agriculture and rural development Honourable Ojemuyiwa Jacob Ojekunle.


Recall that the contract had been a subject of litigation between the contractor and Oyo state government under the immediate past administration of Abiola Ajimobi when the contract was revoked by the then administration to which the contractor claimed was at 68% completion stage and headed for the court to seek redress.


Hon. Ojekunle explained that the present government met the project at the stage of incompletion and under litigation despite the disbursement of over 98% of total sum of the contract by the immediate past administration and the work done till date was evaluated to be at 67.8%.



He said the administration of governor Seyi Makinde entered into dialogue with all stakeholders to settle the matter amicably out of court in the interest of the State to have value for the huge amount of money already invested on the project.


Hon. Ojekunle said “The present administration met the contract at 68% completion level including a pending litigation which is already doing more harm to the project than good but we immediately opted for an out of court settlement to avoid further waste of scarced resources which is already yielding positive results.”



“We have successfully resolved the issue and the contractor is back to site as documents relating to the contract have been sorted out and the contractor is expected to complete the project as agreed upon, the contractor has promised that the completion period is five months and after that, we believe that our farmers will be the one to benefit from the project as the present administration is poised to ensure adequate food security in the state.”



“The silo will assist in the storage of 10,000 metric tonnes of grains and other farm produce while it will help in bridging the gap of storage facility inadequacies in the state which will in turn boost exportation of agricultural produce in Oyo state.”


The Honourable Commissioner charged the contractor to reciprocate the kind gesture of Governor Seyi Makinde by swinging into action as soon as fund was released to ensure the project would be of good quality and completed to be delivered within the stipulated time.”



The Executive Chairman, Rahvet International Limited, Dr. Mufutau Raheem appreciated governor Seyi Makinde for the opportunity given  his company to return for the completion of the project and gave his words of assurance that the project will be completed and delivered at the agreed and stipulated period of  five months which laps in January, 2020.

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